511 SE 5th Ave 101/102 Fort Lauderdale, FL $ 4,500,000
511 SE 5th Ave 101/102
$ 4,500,000
New Construction
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511 SE 5th Ave 101/102

Fort Lauderdale, FL, 33301
$ 4,500,000
Baths0.0 Sq 8,664

Monthly Estimate*

$ 31,434

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View a Virtual Tour
Studio

Commercial Property for sale in Fort Lauderdale, FL

for $4,500,000. This 8,664 square foot building was built in 2005 on a lot size of 0.198898.

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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Commercial Active

Price

$ 4,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 15,353

Style

Business

Lot Size

0.198898

Year Built

2005

Town/City

Fort Lauderdale

County/Region

Broward

MLS | Web ID

A10547525

Features
General
Possession ClosingFunding
HOA 2680.0
Year Built 2005
Electric Item100AmpService
Stories 2
Levels Two
Unit Number 101/102
Property SubType Business
Tax Year 2018
Business Type Restaurant
Waterfront Features RiverFront
Building Name NURIVER
Assoc Fee Paid Per Monthly
County Broward County
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
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
City Fort Lauderdale
Buyer Agent Compensation 3%
Disclosures OwnerIsListingAgent
View Y/N N
Senior Community Y/N N
Total Units 2
MLS Area 3800
Lot Size Square Feet 8664.0
Private Pool N
Waterfront Y/N Y
Carport Y/N N
Street Name 5th Ave
Listing Terms Cash Conventional
Property Attached Y/N N
Year Built Details New Construction
Land Lease Y/N N
Tax Annual Amount 15353.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Ft Ldale SE (3280;3600;3800)
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.youtube.com/watch?v=Bv1CNHirCAo&feature=youtu.be
Days on Market 1969
Structure Type Retail
Standard Status Active
Occupancy Description Tenant
Legal Description NURIVER LANDING COMM CONDO UNIT 101
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Interior
Flooring Carpet Concrete Tile
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features Assigned Valet
Total Parking 8.0
Lot Size Area 8664.0
Spa N
Building Area Total 8664.0
Lot Size Units SquareFeet
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 511
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* Excluded Features
List By
The Keyes Company

Broker

miamiplatinumrealtors@gmail.com

Email

Affordability Calculator

$32,713
Per Month
96%
4%
0%
Monthly Principal & Interest
$31,434
Monthly Property Taxes
$1,279
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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Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/5/2021$3,200,000 -1.54% Price Down
11/23/2020$3,250,000 Listed Price

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511 SE 5th Ave 101/102, Fort Lauderdale, FL, 33301 is a Commercial Property for sale at $4,500,000 with 8,664 sqft and a lot size of 0.198898. 511 SE 5th Ave 101/102 is a studio with 0.0 baths and was built in 2005. The property's zip code is 33301 which is in Fort Lauderdale, FL