This Property is no longer advertised on Showcase.com.
Off Market
1/11

511 SE 5th Ave
Fort Lauderdale, FL 33301


HIGHLIGHTS

  • Luxurious waterfront retail with 20 foot ceilings
  • Corner property with street access

OVERVIEW

Great For investors -6% Return, Has 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

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Nu River Landing

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

30000

STORIES

20

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

433

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

50-42-10-BE-0560,50-42-10-BE-0590,50-42-10-BE-1470,50-42-10-BE-2090,50-42-10-BE-2460,50-42-10-BE-2890,50-42-10-BE-2990,50-42-10-BE-3140,50-42-10-BE-3240,50-42-10-BE-4000,50-42-10-BF-0040,50-42-10-BF-0050,50-42-10-BF-0060,50-42-10-BF-0070,50-42-10-BF-0080,50-42-10-BF-0090