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1620 SW 3 Ave Fort Lauderdale, FL $ 5,295,000
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$ 5,295,000 Get more info
1620 SW 3 Ave
$ 5,295,000
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1620 SW 3 Ave

Fort Lauderdale, FL, 33315
$ 5,295,000
Baths11.0 Sq 20,968

Monthly Estimate*

$ 36,987

1620 SW 3 Ave, Fort Lauderdale, FL 33315 - Image 1
1620 SW 3 Ave, Fort Lauderdale, FL 33315 - Image 2
1620 SW 3 Ave, Fort Lauderdale, FL 33315 - Image 3
1620 SW 3 Ave, Fort Lauderdale, FL 33315 - Image 4
1620 SW 3 Ave, Fort Lauderdale, FL 33315 - Image 5
1620 SW 3 Ave, Fort Lauderdale, FL 33315 - Image 6
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Studio

Commercial Property for sale in Fort Lauderdale, FL

for $5,295,000 with 11 full baths. This 20,968 square foot building was built in 1957 on a lot size of 0.8811.

Reduced to sell! Warehouse complex located near SE 17 St & Andrews Ave convenient to much of Ft Lauderdale’s marine industry, Port Everglades, Broward Convention Center, Ft Lauderdale International Airport, Broward Medical Center, Downtown District, I595 & I95. Consists of 2 buildings totaling 20,968 SF with 2,800 SF outside yard area zoned B3 and 6,616 SF vacant lot zoned RM15 across the street. Currently 6% Cap Rate with NOI of $318,690 & potential to increase income. 100% occupied however owner/user could give tenants 90 days to vacate if desired. 12 bays with 10x12 and 12x12 drive in overheads. Total of 23 front & rear overheads with rear alley access from 2 streets. Full address is 1600 to 1620 SW 3 Ave. Please drive by only, do not disturb tenants. Call for appt to see inside.

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Commercial Active

Price

$ 5,295,000

Bedrooms

Studio

Full Bath

11

Property Type

Commercial

Taxes

$ 43,935

Style

Lot Size

0.8811

Year Built

1957

Town/City

Fort Lauderdale

County/Region

Broward

MLS | Web ID

F10375817
Features
General
Water Description Public Water
Property Type Commercial/Industrial
Area 3500
Section 15
Approximate Lot Size 287x112 & 135x50 appx
Property Description Warehouse complex & vacant lot
Short Sale 0
Year Built 1957
Type of Property Commercial
Waterfront Property 0
REO 0
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Interior
Flooring Concrete Floors
Stories 1.0000
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Exterior
Door Height Door Ht 10-12'
Construction Type Cbs Construction
Buidlings 2
Acres 0.8811
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* Excluded Features
List By
The Keyes Company

Broker

ross@hermanandherman.com

Email

Affordability Calculator

$40,648
Per Month
91%
9%
0%
Monthly Principal & Interest
$36,987
Monthly Property Taxes
$3,661
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
295894 Elementary School
296011 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/4/2024$5,295,000 -5.36% Price Down
9/6/2023$5,595,000 -2.70% Price Down
4/12/2023$5,750,000 Listed Price

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1620 SW 3 Ave, Fort Lauderdale, FL, 33315 is a Commercial Property for sale at $5,295,000 with 20,968 sqft and a lot size of 0.8811. 1620 SW 3 Ave is a studio with 11.0 baths and was built in 1957. The property's zip code is 33315 which is in Fort Lauderdale, FL

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