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 |