Waterfront - New Construction
Address
511 SE 5th Ave 101/102, Fort Lauderdale, FL
Price
$ 3,500,000
Property Attributes
  • MLS#A10547525
  • TypeCommercial
  • CountyBROWARD
  • CityFort Lauderdale
  • Area3800
  • Zip33301
  • StyleBusiness
  • Year Built2005
  • Taxes$ 15353
  • Price$ 3,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage8664
  • Lot Size8,664 SqFt
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description

Great For investors -6% Return, Have 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

Price History
11/23/2020 Listed $3,250,000
1/5/2021 2% - $3,200,000

General Features

Additional Parcels Y/N No
Assoc Fee Paid Per Monthly
Assoc Fees 2680.0
Association Y/N No
Attached Garage No
Building Name NURIVER
Business Type Restaurant
Carport Y/N No
City Fort Lauderdale
County Broward County
Days on Market 1785
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
Disclosures OwnerIsListingAgent
Electric Item100AmpService
Garage Y/N No
Home Warranty Y/N No
Land Lease Y/N No
Lease Considered Y/N No
Lease Renewal Y/N No
Levels Two
Listing Terms Cash, Conventional
Lot Size Square Feet 8664.0
MLS Area 3800
MLS Area Minor Ft Ldale SE (3280;3600;3800)
Mobilehomeremainsyn No
New Construction No
Occupancy Description Tenant
Possession ClosingFunding
Private Pool No
Property Attached Y/N No
Property SubType Business
Property Type CommercialSale
Rent Control Y/N No
Senior Community Y/N No
Standard Status Active
Status Active
Stories 2
Street Name 5th Ave
Structure Type Retail
Tax Annual Amount 15353.0
Tax Year 2018
Total Units 2
Unit Number 101/102
View Y/N No
Virtual Tour https://www.youtube.com/watch?v=Bv1CNHirCAo&feature=youtu.be
Waterfront Features RiverFront
Waterfront Y/N Yes
Year Built 2005
Year Built Details New Construction

Interior Features

Air Conditioning Y/N No
Basement (Y/N) No
Electric On Property Y/N No
Fireplace Y/N No
Flooring Carpet, Concrete, Tile
Heating Y/N No

Exterior Features

Showinginstructions Call Listing Agent
Building Area Total 8664.0
Covered Spaces 0.0
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
Lot Size Area 8664.0
Lot Size Units SquareFeet
Open Parking Y/N No
Parking Features Assigned, Valet
Spa No
Total Parking 8.0

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 33301

Price
AVG $1.43M
$3.5M
Taxes
AVG $44,882
$15,353
Visits
AVG 379
2483
Year Built
AVG 1982
2005
Walkscore
AVG 87
83
Data Provided by Walkscore ® not using MLS data

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