1227 South Andrews Ave, Fort Lauderdale, 33316
Listing UP for Sale
1227 South Andrews Ave, Fort Lauderdale, 33316
Overview
- 6250
- Lot sqft
Description
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.
Address
Open on Google Maps- Address 1227 South Andrews Ave
- City Fort Lauderdale
- State/county Florida
- Zip/Postal Code 33316
- Area Broward County
Details
Updated on May 7, 2024 at 11:04 am- Property ID: A11582220
- Price: $1,180,000
- Land Area: 6250 sqft
- Property Status: Listing UP for Sale
Listing Agent Contact Information
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