ONLINE REAL ESTATE AUCTION
A Prime .75± Acre Mixed Use Development Site with 5,330± SF Retail/Office Building
THURSDAY, DECEMBER 4TH, BEGINNING AT 11 AM ET
Fisher Auction Company and SVN Commercial Realty are pleased to present via an Online Auction Event a Prime .75± Acre Mixed Use Development Site with 5,330± SF Retail/Office Building in the Studio City Area in Fort Lauderdale, Florida. Prime Location on the N.E. 4th Avenue Corridor with CB and RM-15 Zoning allowing for a wide range of Development Options.
PROPERTY HIGHLIGHTS
-Prime Investment Property with existing 5,330± Square Foot Retail / Office Building with Roof Top Signage
-Large .75± Acre Site located in the Studio City Area on the NE 4th Avenue Corridor
-Building features Two Roll-Up Bay Doors and Gray Shell Interior perfect for Owner or Tenant to Customize
-The CB Zoning (12,746± SF) and RM-15 (19,995± SF) offers a wide range of Development Options
-Within Minutes to I-95, US 1, and numerous $1 Billion Dollar Projects such as Searstown and FAT Village
-Central Location between Wilton Manors, Flagler Village and Victoria Park
-Major Air Travel is located within 15 Minutes to Fort Lauderdale International Airport
-Immediate Area has undergone recent New Residential and Commercial Development / Renovation
-Fort Lauderdale is experiencing Rising Growth, a Healthy Jobs Market and Steady Development
-Construction Plans included for a 4 Unit Two Story Town Home Project each featuring a 3 Bed, 2.5 Bath Plan and 2,815± Square Feet with 1 Car Garage. Potential for Additional Unit(s) on Adjacent Included Parcel
PROPERTY DETAILS
-Addresses: 1404, 1408 NE 4th Avenue, 1401-1403 NE 5th Avenue, Fort Lauderdale FL 33304
-Location: East Side of NE 4th Avenue North of NE 14th Street
-Directions: From I-95 Exit #29A and go East on Sunrise Boulevard to NE 4th Avenue. Turn left and proceed to address
-Access: NE 4th Avenue, NE 14th Street, and NE 5th Ave
-Building Size: 5,330± Square Feet.
-Land Area: 32,741± Square Feet / .75± Acres
-Current Use: Retail/Office, Vacant Land
-Construction: Concrete Masonry Construction, Flat Concrete Built-Up Roof, Gray Shell Interior
-Year Built: 1961
-Frontage: 100± Feet along NE 4th Avenue, 150± Feet along NE 5th Avenue, 135± Feet along NE 14th Street
-Zoning: CB - Community Business / RM-15 - Residential Low Rise Multifamily . See Zoning Section in the Data Room for Permitted Uses and Building Requirements
-Taxes: $37,292.81/ Assessed Value: $1,781,910
-Parcel Control Nos.: 494234020710, 494234020720, 494234020740
-Flood Zone: Zone AE / Panel No. 12011C0369J
-Utilities: Municipal Water and Sewer
-Electric: Florida Power and Light
-HVAC: Window Units
-Parking: 14 Surface Parking Spaces with Expansion Area
-Development: See Plans for an 11,260± Square Foot 4 Unit Townhouse Project in the Data Room