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511 SE 5th Ave - Nu River Landing
8,664 SF Retail Condo Unit Offered at $4,500,000 in Fort Lauderdale, FL 33301
Investment Highlights
- Luxurious waterfront retail with 20 foot ceilings
- Corner property with street access
Executive Summary
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
Property Facts
| Price | $4,500,000 | Sale Type | Owner User |
| Unit Size | 8,664 SF | Building Class | B |
| No. Units | 1 | Floors | 20 |
| Total Building Size | 30,000 SF | Typical Floor Size | 1,500 SF |
| Property Type | Retail (Condo) | Year Built | 2005 |
| Property Subtype | Storefront Retail/Office | Lot Size | 3.32 AC |
| Price | $4,500,000 |
| Unit Size | 8,664 SF |
| No. Units | 1 |
| Total Building Size | 30,000 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Sale Type | Owner User |
| Building Class | B |
| Floors | 20 |
| Typical Floor Size | 1,500 SF |
| Year Built | 2005 |
| Lot Size | 3.32 AC |
1 Unit Available
Unit Rest
| Unit Size | 8,664 SF | Condo Use | Retail |
| Price | $4,500,000 | Sale Type | Owner User |
| Price Per SF | $519.39 |
| Unit Size | 8,664 SF |
| Price | $4,500,000 |
| Price Per SF | $519.39 |
| Condo Use | Retail |
| Sale Type | Owner User |
Amenities
- 24 Hour Access
- Conferencing Facility
- Corner Lot
- Pool
- Restaurant
- Waterfront
- Air Conditioning
Nearby Major Retailers
zoning
| Zoning Code | RAC-CC (COMMERCE CENTER DISTRICT) |
| RAC-CC (COMMERCE CENTER DISTRICT) |
-
Marcio SoUSA -
The Keyes Company
Presented by
511 SE 5th Ave - Nu River Landing
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