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511 Se 5th Ave 101/102, Fort Lauderdale, FL – $4,500,000

  • $4.5M Price
  • 2224 DOM
  • $4.5M Price
  • 2224 DOM

511 Se 5th Ave 101/102

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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Essential Information

  • MLS® #A10547525
  • Price$4,500,000
  • Bathrooms0.00
  • Year Built2005
  • TypeCommercial
  • Sub-TypeBusiness
  • StatusActive

Community Information

  • Address511 Se 5th Ave 101/102
  • Area3800
  • CityFort Lauderdale
  • CountyBroward
  • StateFL
  • Zip Code33301-2986

Amenities

  • ParkingAssigned, Valet
  • Is WaterfrontYes
  • WaterfrontRiver Front

Interior

  • InteriorCarpet, Concrete, Tile
  • # of Stories2
  • StoriesTwo

Additional Information

  • Listing Courtesy ofThe Keyes Company
  • Date ListedOctober 10th, 2018
  • HOA Fees2680
  • HOA Fees Freq.Monthly
  • Contact Info954-600-0550
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Price Change History for 511 Se 5th Ave 101/102, Fort Lauderdale, FL (MLS® #A10547525)

Date Details Change
Price Increased from $3,500,000 to $4,500,000 $1,000,000 (28.57%)
Price Increased from $3,200,000 to $3,500,000 $300,000 (9.38%)
Price Reduced from $3,250,000 to $3,200,000 $50,000 (1.54%)
Price Increased from $3,000,000 to $3,250,000 $250,000 (8.33%)
Price Reduced from $3,488,000 to $3,000,000 $488,000 (13.99%)
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