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Property 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

Features
8
River
Address Map
FL
Broward County
Fort Lauderdale
33301
511 SE 5th Ave
NURIVER
W81° 51' 39.7''
N26° 6' 55.6''
MLS Addon
Fixtures
All Cash, Conventional/refinance
1
New Construction
Sale
2
$15,353
2018
Click Here
2
23/11/2020 22:06:03

511 SE 5th Ave, Fort Lauderdale, Florida 33301

$4,500,000
8,664 size sq.ft.
Listing ID #A10547525
Basic Details
Property Type Commercial Sale
Listing Type For Sale
Listing ID A10547525
Price $4,500,000
Year Built 2005
Days on Market 1969
Building Area 8,664 Sqft
Status Active
Property SubType Restaurant/entertainment
Lot Area 8,664 Sqft
List Date 2022-10-03
On Market Date 01/10/2018
Elena Beck
MiamiInvestrealty
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