Great For investors 6 Return, Have Been Rented for 5 Years, For Luxury European Cuisine Restaurant, Is currently fully finished, Very rare opportunity.


Property

Website:https://www.nestseekers.com/1477682
Address:
511 SE 5th Ave Apt: 101/102
Fort Lauderdale, FL 33301
Ownership: Commercial

Financials

Price: $4,500,000
Annual Taxes: $15,353

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

Contact

888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Courtesy of The Keyes Company