3114-20 E Sunrise Blvd

Fort Lauderdale, FL, 33304

$4,950,000

$4,950,000
Active
Active
 - For Sale
property_type
Commercial
calendar
Built 1958
Dynamic prime Fort Lauderdale beachfront location. Fully renovated & stabilized turnkey commercial & residential income building offered at 4.5% Cap Rate - located behind beachfront Sonesta Hotel on Sunrise Blvd/AIA. Low maintenance asset provides ease of management for out-of-state investor. Refurbished in 2018 - (3) 2bed/1bath apts +(1) 1bed/1bath apts -some with great ocean views & all are sought after for short/long term rentals. Solid commercial tenants include high-end clothing Heart of City & popular "Nanou" French Bakery. Birch State Park is across road. With redevelopment of Galleria Mall to incorporate +- 1,900 family units + luxury stores and the 1.2 acre "Frank/Vinny" restaurant site selling last year for $7million, the focus on this prime area has never been more desired.
MLS® ID:
F10349238
Listed:
10/20/22
Updated:
11/29/22
Coldwell Banker
Tim Singer South Florida

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Floor Description
Tile
Cooling
Central Air
Heating
Central

Exterior/Building Features

Lot Size
1,850 ft² lot
Roof
Concrete
Sewer
Public Sewer

Other Property Details

Area Name
3160
Taxes
$21286
Tax Frequency
per YEAR
Garage
No
Parking
None
View
N
County
Broward County
Water Source
Public
Pool
No
Total Stories
2

Courtesy of Douglas Elliman, Ruchel Coetzee,
Listing Contact: (954) 295-2631 

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Data last updated 4:32 PM UTC, 11/29/22

 

Coldwell Banker
Tim Singer South Florida
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