511 SE 5th Ave Fort Lauderdale FL 33301 MLS #A10547525

511 SE 5th Ave
Fort Lauderdale, FL, 33301
$4,500,000
Beds
0 Baths
8,664 SqFt
0 Acres
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Great For investors -6% Return, Have Been Rented for 5 Years , For Luxury European Cuisine Restaurant , Is currently fully finished, Very rare opportunity .SEE YOUTUBE VIDEO: 1) 1 Block to Las Olas, BEST FL RETAIL OPPORTUNITY. 2) 20 Foot high Ceiling. 3) Corner property w/ St access. 4) SIZE TOTAL 8,664 SF, (6,308 SF under air, additional 1,220 SF exterior covered area + 900 SF bathroom area) Can be expanded to extra 1000 SQFT 5) COMPARABLE: NURIVER 5 & 6 w/ 2,143 SF, SOLD FOR $ 2,150.000 IN 08/29/18 $1,000/PER SF, 6) LOCATION: THIS IS WATER FRONT, NEW & LUXURY CLASS A BUILDING IN FT LAUDERDALE DOWNTOWN, Next Court House. 7) 24 Hs Security. . $ 15,354 Taxes/Year .CONDO+Water+Insurance $ 2,680

Property Details

Price:
$4,500,000
MLS #:
A10547525
Status:
Active
Beds:
0
Baths:
0
Address:
511 SE 5th Ave
Type:
Commercial
Subtype:
Restaurant/Entertainment
City:
Fort Lauderdale
Listed Date:
Oct 1, 2018
State:
FL
Finished Sq Ft:
8,664
Total Sq Ft:
8,664
ZIP:
33301
Year Built:
2005
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Interior

Flooring
Carpet, Concrete, Tile

Exterior

Parking Features
Assigned, Valet
Parking Spots
8

Financial

HOA Fee
$2,680
HOA Frequency
Monthly
Tax Year
2018
Taxes
$15,353

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