1227 South Andrews Ave, Fort Lauderdale FL 33316

$1 090 000

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345 of 345 FOR SALE
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    Legal Description:

    1227 South Andrews Ave, Fort Lauderdale, FL, Broward County, 33316

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    Listed on:

    Feb 22, 2023

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    Occupancy:

    n/a

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    Taxes:

    $12,692 per year

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    Floor Description:

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    Year Built:

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    Zoning:

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    Days on Market:

    92

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    Parking:

    Yes

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    Tax Year:

    2022

1227 South Andrews Ave, Fort Lauderdale, FL, Broward County, 33316

1227 South Andrews Ave, Fort Lauderdale FL 33316

Situated in the heart of Fort Lauderdale’s bustling business district. This prime property offers a strategic location with exceptional visibility and accessibility to downtown amenities, major highways, and corporate headquarters. Bldg sq ft: 2,491.
Tenant in place (current Lease expires in July 2026).
Zoning allows for further residential or commercial development.
A seven unit residential bldg can be developed on this lot. A 20,000 square foot commercial bldg can be developed. Excellent development opportunity!
Zoned as SRAC-SAE in Fort Lauderdale, this designation permits a wide range of commercial uses, including retail, office, hospitality, and mixed-use developments. (see attached presentation).
Cap rate 4.5%. Inquire about lease info and financials.

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FOR SALE DETAILS

  • Photo Count
    1
  • Property Type
  • SqFt Total
    2491
  • Terms Considered
    All Cash

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