1227 South Andrews Ave Fort Lauderdale FL 33316 MLS #A11582220

1227 South Andrews Ave
Fort Lauderdale, FL, 33316
$1,090,000
Beds
0 Baths
2,491 SqFt
0 Acres
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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.

Property Details

Price:
$1,090,000
MLS #:
A11582220
Status:
Active
Beds:
0
Baths:
0
Address:
1227 South Andrews Ave
Type:
Commercial
Subtype:
Mixed Use
City:
Fort Lauderdale
Listed Date:
May 6, 2024
State:
FL
Finished Sq Ft:
2,491
Total Sq Ft:
2,491
ZIP:
33316
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CENTURY 21 Carioti

CENTURY 21 Carioti

Florida, Real Estate

Phone 800 783-8847

CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.

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Courtesy of Marz RE, LLC.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Miami, FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Miami, FL. All rights reserved.
Rover IDX
1227 South Andrews Ave
Fort Lauderdale, FL