Cumberland Building | 800 E Broward Blvd
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Cumberland Building 800 E Broward Blvd
40,971 SF 100% Leased Office Building Fort Lauderdale, FL 33301 $18,000,000 ($439/SF) 1.20% Cap Rate
Investment Highlights
- Incredible Downtown Location
- A Short Walk to: Las Olas Riverfront, Riverwalk, Restaurants, Retail...
- Zoning Allows for High Density Flexible Design
- Located One Block from Federal Hwy & Las Olas Blvd.
- Allowable Uses: Hotel, Residential, Retail and Office
Executive Summary
Incredible Downtown Fort Lauderdale Location. Located One Block East of Federal Hwy & Las Olas Blvd. A Short Walk to: Las Olas Riverfront, Riverwalk, Restaurants, Retail. Allowable Uses: Hotel, Residential, Retail and Office. Zoning Allows for High Density Flexible Design. Property is situated on the East Boundary Line of the Downtown RAC zoning, no High Rise Construction Permitted east of the Property Impeding East Views.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Building Size
40,971 SF
Building Class
B
Year Built
1975
Price
$18,000,000
Price Per SF
$439
Cap Rate
1.20%
NOI
$216,000
Percent Leased
100%
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
5,714 SF
Slab To Slab
10’
Building FAR
0.83
Land Acres
1.14 AC
Zoning
RAC-EMU
Parking
234 Spaces (5.58 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Property Manager on Site
About 800 E Broward Blvd , Fort Lauderdale, FL 33301
The Cumberland Building has been a downtown Fort Lauderdale landmark for over 44 years. Located on Broward Blvd. on the very eastern edge of the RAC zoning district, ideal for re-development.
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Walk Score ®
Walker's Paradise (95)
PROPERTY TAXES
| Parcel Number | 50-42-11-07-0270 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $8,646,900 |
PROPERTY TAXES
Parcel Number
50-42-11-07-0270
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$8,646,900
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Keith Kidwell -
Les Byron -
Steven Davis -
SVN | Commercial Realty
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Cumberland Building | 800 E Broward Blvd
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