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Commercial Real Estate

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

5th Ave, Fort Lauderdale,
$4,500,000
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Basics

  • Lot Size Units: Square Feet
  • Building Name: NURIVER, NURIVER
  • Category:
  • Type:
  • Status:
  • Bathrooms: 0
  • Year built: 2005
  • MLS ID: A10547525

Description

  • Description:

    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

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Property details

  • Total Building Area: 8664
  • Disclosures: Owner Is Listing Agent
  • Lot Size Square Feet: 8664
  • Parcel Number: 504210BF0010
  • Possession: Closing & Funding
  • Lot Size Area: 8664
  • Structure Type: Retail

Property Features

  • Waterfront Features: River Front
  • Parking Features: Assigned,Valet
  • Covered Spaces: 0
  • Electric: 100 Amp Service
  • Flooring: Carpet,Concrete,Tile
  • Parking Total: 8
  • Waterfront Y/N: 1
  • Stories: 2

Rooms & Units Description

  • Unit Number: 101/102

Location Details

  • County Or Parish: Broward County
  • Directions: FROM SOUTH: TAKE I-95 EXIT 26 FOR FL-736/DAVIE BLVD. TURN RIGHT ONTO FL-736 E/DAVIE BLVD. TURN LEFT ONTO SE 3RD AVE. TURN RIGHT ONTO SE 6TH ST. TAKE THE 1ST LEFT ONTO SE 5TH AVE. DESTINATION WILL BE ON THE LEFT.

Fees & Taxes

  • Tax Annual Amount: 15353
  • Tax Year: 2018
  • Tax Legal Description: NURIVER LANDING COMM CONDO UNIT 101
  • Association Fee: 2680
  • Association Fee Frequency: Monthly

Miscellaneous

  • Public Survey Section: 10
  • Syndication Remarks: BEST FL RETAIL OPPORTUNITY, 20 Foot high Ceiling. Corner property w/ Street access. SIZE TOTAL 7,200 SF. Ideal for Restaurant or offices.
  • Business Type: Restaurant
  • Year Built Details: New Construction

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This -type commercial real estate is located in 5th Ave, Fort Lauderdale, was built in 2005, and is listed at $4,500,000.

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