5640 N Federal Hwy

Fort Lauderdale, FL, 33308

$2,300,000

$364 per ft²
$2,300,000
$364 per ft²
Active
Active
 - For Sale
carpenters-square
6,305 ft²
property_type
Commercial
calendar
Built 1975
DO NOT DISTURB TENANTS $300k Price Drop for Quick Sale! Recent Appraisal at $2.6m in hand. One of kind retail plaza located directly on Federal Highway. 6,305 square feet split into 3 suites with 2 fully functional restaurants on site. ~$100,000 in Capital Improvements in the past 2 years include a full front refacing. Great opportunity for an owner user to purchase and occupy restaurant space or to release it at market rates. Suite 1 - 3,455 sqft Colombian Restaurant (can be split into 2,455 and 1,000 sqft units) Suite 2 - 350 sqft Print/Shipping Store Suite 3 - 2,500 sqft High End Sushi Bar and Grill with long term lease. 6% cap rate pro forma NOI $156,000.00 Recent appraisal and environmental study in hand. DO NOT DISTURB TENANTS
MLS® ID:
F10342202
Listed:
7/28/22
Updated:
12/9/22

Exterior/Building Features

Lot Size
0.47 acres lot

Other Property Details

Area Name
3240
Taxes
$32866
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
Broward County
Pool
No
Total Stories
1

Property History

Date
Event
Price
Value
11/8/22
Active
-
-
10/12/22
Pending
-
-
9/29/22
Price Change
$2,300,000
-11%

Courtesy of Box Real Estate LLC, Jason Chamely,
Listing Contact:  

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Data last updated 12:06 AM UTC, 12/9/22

 

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