511 SE 5th Ave, Fort Lauderdale FL 33301,Fort Lauderdale,Broward County,Commercial Sale

$ 5,000,000
511 SE 5th Ave, Fort Lauderdale FL 33301,
Active

Overview

  • Updated On:
  • March 27, 2025

Description

See youtube video, buy your real estate property rented to a luxury restaurant, with 6% Return, rented for 5 Years , 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

Address: 511 SE 5th Ave, Fort Lauderdale FL 33301
State/County:
Zip: 33301
Country: United States
Open In Google Maps
Property Id : 335109
Price: $ 5,000,000
AssociationFee: 2680
AssociationFeeFrequency: Monthly
BridgeModificationTimestamp: 2025-03-27T00:35:20.158Z
BuildingAreaTotal: 8664
BuildingAreaUnits: Square Feet
BuildingName: NURIVER
BusinessType: Restaurant/Bar,Retail Space
ContractStatusChangeDate: 2018-10-01
CurrentUse: Retail
DaysOnMarket: 2339
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 ON THE LEFT.
DocumentsAvailable: Aerial Photo(S)
Electric: 100 Amp Service,101-200 Amps
Flooring: Carpet,Concrete,Tile
IDXParticipationYN: 1
Inclusions: Fixtures
InternetAddressDisplayYN: 1
InternetEntireListingDisplayYN: 1
ListAOR: A-Miami Association of REALTORS
ListAgentDirectPhone: 954-600-0550
ListAgentEmail: miamiplatinumrealtors@gmail.com
ListAgentFullName: Marcio Sousa
ListAgentKey: 622911562bdadbfc0ca4e425cd594189
ListAgentMlsId: 3215510
ListAgentOfficePhone: 305-931-8920
ListAgentStateLicense: 3215510
ListOfficeFax: 305-931-9853
ListOfficeKey: 75184af86eb2e17c1ba08ad5f59e6799
ListOfficeMlsId: KEYE17
ListOfficeName: The Keyes Company
ListOfficePhone: 305-931-8920
ListOfficeURL: https://www.youtube.com/watch?v=HYHoZ5EfTPA
ListingAgreement: Exclusive Right To Sell
ListingContractDate: 2018-10-01
ListingId: A10547525
ListingKeyNumeric: 302416055
ListingTerms: All Cash,Conventional/Refinance
LivingAreaUnits: Square Feet
LotSizeSquareFeet: 8664
LotSizeUnits: Square Feet
Other Features
Electrical Utility Available
Has Waterfront
New Construction
$ 25,635.99
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 19,385.99

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David Morales