3410-3412 N Ocean Blvd

3410-3412 N Ocean Blvd , Fort Lauderdale, Florida, 33308 | 2,448 sq.f | $ 1,200,000

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About This Restaurant

Investment Highlights

TOTALLY AND RECENTLY UPDATED WITH HIGH-END FINISHES LOCATED IN HIGH TRAFFIC RETAIL CORRIDOR AND PLAZA VANILLA SHELL - ADD YOUR PERSONAL TOUCHES

Executive Summary

Fantastic opportunity to own this completely renovated commercial space on Fort Lauderdale Beach. Located in a high traffic shopping center w/visibility from A1A. Two separate spaces can easily be one. The building has undergone an intensive two-year renovation, all done w/permits. Brand new roof, new high efficiency HVAC, epoxy flooring, new high impact windows/doors, new electric & new tankless water heaters. Fresh interior & exterior paint. Separate water & electric meters. North side -- vanilla shell w/1 ADA bath ~1,053sf. South side -- custom built out, ocean themed space w/1 office, 2 ADA bathrooms ~1,389sf. Four assigned parking spaces & ample public parking. Zoned CB-community business. Ideal for restaurant, owner user, office, retail, museum, professional, or charity. All the work is done and was done with permits. Currently vacant but can achieve a 5.0% cap rate or more when leased. for owner user. Great value!

Property Details

  • Sale Type    Investment
  • Sale Condition    Building in Shell Condition
  • Property Type    Retail
  • Property Subtype    Storefront Retail/Office Storefront Retail/Office Flex Showroom General Retail Restaurant General Retail Storefront Storefront Retail/Office
  • Building Size    2,448
  • Building Class    C
  • Year Built    1969
  • Price    1,200,000
  • Price Per SF    490
  • Percent Leased    100
  • Tenancy    Multiple
  • Building Height    1 Story
  • Building FAR    0.80
  • Land Acres    0.07 AC

Amenities

  • Bus Line
  • Tenant Controlled HVAC
  • Recessed Lighting
  • Air Conditioning

Property Taxes

Parcel Number 49-43-19-02-0050 Improvements Assessment $126,100 (2024)
Land Assessment $630,160 (2024) Total Assessment $12,951 (5.29/SF)
Date Created: 2024-07-16 04:13:33 Last Updated: 2024-07-16 04:13:33
Address: 3410-3412 N Ocean Blvd , Fort Lauderdale, Florida, 33308