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Gelfand Realty Miami Properties for Sale - Retail for Sale

5640 N FEDERAL HWY, FORT LAUDERDALE, FL 33308

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Retail - for Sale

5640 N FEDERAL HWY, FORT LAUDERDALE, FL 33308

Asking Price$2,990,000 Change Price$260,000

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  • Lot size 20499sqft
  • Taxes $35,011
  • Year Built 1989

  • Days on market:

    298 day(s)

  • Original Price:

    $3,500,000

  • Tax Legal Description:

    HOYS BUSINESS CENTER 39-11 B PARCEL D W 150 BLK 1

  • Property Type:

    Retail

  • Special Listing Conditions:

    Sale

Description

$2,990,000

The physical building consists of 6,305 sf and sits on a 20,499 sf lot. there are a total of 3 units in this retail building. the property is currently 44% occupied with two tenants. there is 3,805 square feet available of prime turn-key restaurant space available for immediate occupancy. perfect building for an owner user. property is currently grossing $92,522 and netting $39,672 annually.
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