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

Building Name NURIVER
Business Type Restaurant
City Fort Lauderdale
County Broward County
Days on Market 1381
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 O
Disclosures OwnerIsListingAgent
Electric Item100AmpService
HOA Fee 2680.0
HOA Fee Frequency Monthly
Levels Two
Lot Size Square Feet 8664.0
MLS Area 3800
Mlsareaminor Ft Ldale SE (3280;3600;3800)
Occupant Type Vacant
Possession ClosingFunding
Property SubType Business
Property Type CommercialSale
Standard Status Active
Status Active
Stories 2
Street Name 5th Ave
Structure Type Retail
Tax Annual Amount 15353.0
Tax Year 2018
Terms Cash, Conventional
Total Units 2
Unit Number 101/102
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

Flooring Carpet, Concrete, Tile

Exterior Features

Building Area Total 8664.0
Covered Spaces 0.0
Lot Size Area 8664.0
Lot Size Units SquareFeet
Parking Features Assigned, Valet
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 $680K
$3.5M
Taxes
AVG $56,741
$15,353
Visits
AVG 400
1780
Year Built
AVG 1984
2005
Walkscore
AVG 87
83
Data Provided by Walkscore ® not using MLS data

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