Eric Miller
Cell: 954-383-8170
1227 South Andrews Ave, Fort Lauderdale
$1,180,000
0 Bed
0 Bath
0 Acre
0 Garage
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.
Essential Information
MLS® #A11582220
Price$1,180,000
Bathrooms0.00
Acres0.00
TypeCommercial
Sub-TypeMixed Use
StatusActive
Community Information
Address1227 South Andrews Ave
Area3500
CityFort Lauderdale
CountyBroward County
StateFL
Zip Code33316
Additional Information
Date ListedMay 6th, 2024
Days on Market12
Listing Details
Listing Courtesy ofMarz RE, LLC.
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