3114-20 E Sunrise Blvd
Fort Lauderdale, FL, 33304
$4,700,000
$4,700,000
Active
Active
- For SaleCommercial
Built 1958
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 Blvd/AIA. Low maintenance asset provides ease of management for out-of-state investor. Refurbished in 2018 - (3) 2bed/1bath apts +(1) 1bed/1bath apts -some with great ocean views & all are sought after for short/long 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 "Frank/Vinny" restaurant site selling last year for $7million, the focus on this prime area has never been more desired.
MLS® ID:
F10349238
Listed:
10/20/22
Updated:
3/31/23
Compass
Austin Bergman
Interior Features
Total Bedrooms
0
Total Bathrooms
0
Floor Description
Tile
Cooling
Central Air
Heating
Central
Exterior/Building Features
Lot Size
1,850 ft² lot
Roof
Concrete
Sewer
Public Sewer
Other Property Details
Area Name
3160
Taxes
$21286
Tax Frequency
per YEAR
Garage
No
Parking
None
View
N
County
Broward County
Water Source
Public
Pool
No
Total Stories
2
Buyer Agency Compensation
1%
Transaction Broker Compensation
1%
Property History
Date
Event
Price
Value
3/6/23
Price Change
$4,700,000
-5%
Courtesy of Douglas Elliman, Ruchel Coetzee,
Listing Contact: (954) 295-2631
All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.
©2023 Association of Palm Beaches. All rights reserved.
Data last updated 8:56 AM UTC, 3/31/23
Compass
Austin Bergman
