Basic Information

  • MLS # F10349238
  • Type Commercial
  • Status Active
  • Subdivision/Complex
  • Year Built 1958
  • Total Sqft 1,850
  • Date Listed 10/21/2022
  • Days on Market 218
Description

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 BlvdAIA. Low maintenance asset provides ease of management for out-of-state investor. Refurbished in 2018 - 3 2bed1bath apts +1 1bed1bath apts -some with great ocean views all are sought after for shortlong 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 FrankVinny restaurant site selling last year for 7million, the focus on this prime area has never been more desired.

Exterior Features

  • Waterfront No
  • Pool No
  • Construction Type Block
  • Parking Spaces 0
  • Parking Description None
  • Roof Description Concrete
  • Style Mixed Use

Interior Features

  • Adjusted Sqft 1,850
  • Cooling Description Central Air
  • Floor Description Tile
  • Heating Description Central
  • Sqft 1,850

Property Features

  • Address 3114-20 E Sunrise Blvd
  • Aprox. Lot Size 1,850
  • City Fort Lauderdale
  • Construction Materials Block
  • County Broward County
  • Furnished Info No
  • Levels Two
  • Listing Terms Cash
  • Parking Features None
  • Possession Closing Funding
  • Postal City Fort Lauderdale
  • Public Survey Section Two
  • Public Survey Township 5042
  • Roof Concrete
  • Sewer Description PublicSewer
  • Short Sale Regular Sale
  • Stories 2
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $21,286
  • Tax Information ATLANTIC BEACH DEV 27-1 B LOT 21,22 BLK 1
  • Tax Year 2021
  • Terms Considered Cash
  • Type of Property Mixed Use
  • Water Source Public
  • Year Built Details Resale

3114-20 E Sunrise Blvd

Fort Lauderdale, FL 33304

Similar Properties For Sale

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Douglas Elliman. tel: (954) 874-0740

Real Estate IDX Powered by: TREMGROUP