Mixed Use For Sale
1227 South Andrews Ave, Fort Lauderdale, FL 33316

$1,180,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11582220
  • Virtual Tour: YES
  • List Price: $1,180,000
  • Listing Date:May 6, 2024
  • Days On Market:58

Description


Situated in the heart of Fort Lauderdale’s bustling business district. This prime property offers a strategic location with exceptional visibility and accessibility to downtown amenities, major highways, and corporate headquarters. Bldg sq ft: 2,491. Tenant in place (current Lease expires in July 2026). Zoning allows for further residential or commercial development. A seven unit residential bldg can be developed on this lot. A 20,000 square foot commercial bldg can be developed. Excellent development opportunity! Zoned as SRAC-SAE in Fort Lauderdale, this designation permits a wide range of commercial uses, including retail, office, hospitality, and mixed-use developments. (see attached presentation). Cap rate 4.5%. Inquire about lease info and financials.

Features


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Location


Price History


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker