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Gelfand Realty Miami Properties for Sale - Restaurant/Entertainment for Sale

511 SE 5TH AVE #101/102, FORT LAUDERDALE, FL 33301

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Restaurant/Entertainment - NURIVER for Sale

511 SE 5TH AVE #101/102, FORT LAUDERDALE, FL 33301

Asking Price$3,500,000 Change Price$300,000

Share by:
  • Lot size 8664sqft
  • Taxes $15,353
  • Assoc Fee $2,680 / Monthly
  • Year Built 2005
  • Days on market:

    1857 day(s)
  • Original Price:

    $3,500,000
  • Tax Legal Description:

    NURIVER LANDING COMM CONDO UNIT 101
  • Tax Year:

    2018
  • Property Type:

    Restaurant/Entertainment
  • Parking:

    ValetAssigned
  • Waterfront:

    Yes
  • Waterfront Description:

    River
  • Inclusions:

    Fixtures
  • Floor Description:

    Carpet TileConcrete
  • Special Listing Conditions:

    Sale

Description

$3,500,000 • waterfront access

Great for investors -6% return, have been rented for 5 years , for luxury european cuisine restaurant , is currently fully finished, very rare opportunity .see youtube video: 1) 1 block to las olas, best fl retail opportunity. 2) 20 foot high ceiling. 3) corner property w/ st access. 4) size total 8,664 sf, (6,308 sf under air, additional 1,220 sf exterior covered area + 900 sf bathroom area) can be expanded to extra 1000 sqft 5) comparable: nuriver 5 & 6 w/ 2,143 sf, sold for $ 2,150.000 in 08/29/18 $1,000/per sf, 6) location: this is water front, new & luxury class a building in ft lauderdale downtown, next court house. 7) 24 hs security. . $ 15,354 taxes/year .condo+water+insurance $ 2,680
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