Active
1227 South Andrews Ave
Fort Lauderdale FL, 33316
$1,090,000
$437.58 per sqft
Active
2,491 sqft
Commercial
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.
A11582220
MLSⓇ ID
May 6, 2024
Listed
October 2, 2024
Updated
Map
1227 South Andrews Ave
Fort Lauderdale FL, 33316
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.14 Acres
Other Property Details
Days on Market
106
Garage
No
View
No
County
Broward County
Pool
No
Zoning
CB
Listing History
Date | Event | Price |
|---|---|---|
8/20/2024 | Price change | $1,090,000 -8% |
Listed by: Marz RE, LLC.
Listing Contact: 786-863-3711
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Data last updated 1:25 AM UTC, 10/2/2024.