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3114-20 E Sunrise Blvd

Fort Lauderdale, FL 33304
  • $4,950,000
  • STATUS: Active
  • ON SITE: 38 Days
  • MLS #: F10349238
UPDATED: 70 min ago
$4,950,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1958
County:
Area:

School Ratings & Info

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 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.

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All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2022 BeachesMLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2022-11-29T19:18:38.927.
www.bettersouthfloridahomes.com/homes/134148006
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3114-20 E Sunrise Blvd Fort Lauderdale, FL 33304

  • Price: $4,950,000
  • Status: Active
  • On Site: 38 Days
  • Updated: 70 min ago
  • MLS #: F10349238
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1958
Built
Neighborhood:
3160
County:
Broward
Area:
3160
Property 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 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.
Exterior Features

Approximate Lot Size 4041 Total Construction Type Cbs Construction Location Of Property Beach AccessCorner LotNear AirportNear Seaport Parking Description None Parking Spaces 0 Roof Description Concrete Roof Type Of Property Mixed Use Waterfront Property YN No

Interior Features

Cooling Description Central Individual A/C Floor Description Tile Floors Heating Description Central Individual A/C

Property Features

Auction YN No Geographic Area Ft Lauderdale Beach (3130-3170) Information Available Copy Of Lease(S)Owner ManagedRent RollsSite PlansTax Return Miscellaneous Information Exterior Lighting Ownership Limited Partnership Possession Information Funding Property Sq Ft 1850 REO No Sewer Description Public Sanitation Short Sale No Tax Amount 21286 Tax Year 2021 Terms Considered Cash Only Water Description Public Water Year Built Description Resale Zoning Information S-L-A

Listing provided courtesy of Douglas Elliman: (954) 874-0740. Listing information © 2022 BeachesMLS


All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2022 BeachesMLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2022-11-29T19:18:38.927.
 
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United Realty Group
1361 Sawgrass Corporate Parkway #200
Sunrise FL, 33323