Address1227 South Andrews Ave, Fort Lauderdale, FL, 33316

Price$1,180,000

  • Commercial Sale

    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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    Essential Information

    • MLS® #A11582220
    • Price$1,180,000
    • Bathrooms0.00
    • Acres0.00
    • TypeCommercial Sale
    • Sub-TypeMixed
    • StatusActive

    Community Information

    • Address1227 South Andrews Ave
    • Area3500
    • CityFort Lauderdale
    • CountyBroward County
    • StateFL
    • Zip Code33316

    Additional Information

    • Date ListedMay 6th, 2024
    • Days on Website13

    Listing Details

    • OfficeMarz RE, LLC.
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