Active

511 SE 5th Ave Unit: 101/102

Fort Lauderdale FL, 33301

$4,500,000


$519.39 per sqft

Active

8,664 sqft

Commercial

Built in 2005

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

A10547525

MLS ID

October 1, 2018

Listed

April 18, 2024

Updated

Map

511 SE 5th Ave Unit: 101/102
Fort Lauderdale FL, 33301

Interior Features

Total Stories

2


Floor Description

Carpet, Concrete, Tile


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.2 Acres

Other Property Details

Taxes

$15,353


Tax Frequency

Annually


Days on Market

1997


Association Fee Frequency

Monthly


Garage

No


Parking

Assigned, Valet


Parking Total

8


View

No


County

Broward County


Pool

No


Waterfront

Yes


Buyer Agency Compensation

3%

Listing History

Date

Event

Price

2/16/2024

Price Change

$4,500,000

28%

Listed by:  The Keyes Company
Listing Contact: 954-600-0550 

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

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Data last updated 7:07 AM UTC, 4/18/2024.

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