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1227 South Andrews Ave, Fort Lauderdale, FL – $1,090,000

  • $1.1M Price
  • 110 DOM
  • $1.1M Price
  • 110 DOM

1227 South Andrews Ave

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.

Essential Information

  • MLS® #A11582220
  • Price$1,090,000
  • Bathrooms0.00
  • TypeCommercial
  • Sub-TypeMixed Use
  • StatusActive

Community Information

  • Address1227 South Andrews Ave
  • Area3500
  • CityFort Lauderdale
  • CountyBroward County
  • StateFL
  • Zip Code33316

Additional Information

  • Listing Courtesy ofMarz RE, LLC.
  • Date ListedMay 6th, 2024
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