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$1,799,000
Est. payment /mo
7,500 Sqft Lot
UPDATED:
09/13/2024 08:45 PM
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID F10460931
HOA Y/N No
Total Fin. Sqft 16875
Year Built 1967
Annual Tax Amount $12,546
Tax Year 2023
Lot Size 7,500 Sqft
Property Description
***OPPORTUNITY FOR DEVELOPMENT!!!*** TWO LOTS FOR SALE TOTALING 16,875 SQ FT! ONE OF THE LOTS FEATURES A 1,801 SQ FT RESTAURANT BUILDING, LOCATED IN A HIGHLY DESIRABLE B-1 ZONING AREA. THE PROPERTY IS CURRENTLY OPERATING WITH LIMITED HOURS—ONLY 20 HOURS A WEEK, FIVE DAYS A WEEK—YET STILL GENERATES AN IMPRESSIVE ANNUAL PROFIT OF $194,000. WITH B-1 ZONING ALLOWING UP TO 80% LOT COVERAGE, AND UP TO 100 FT TALL BUILDING, THIS PROPERTY OFFERS EXCELLENT POTENTIAL FOR REDEVELOPMENT. CONTINUE AS A PROFITABLE RESTAURANT OR EXPLORE DIVERSE OPTIONS SUCH AS RETAIL STORES, PERSONAL SERVICES, AND MORE. SEIZE THIS OPPORTUNITY TO INVEST IN A PRIME LOCATION WITH SIGNIFICANT GROWTH POTENTIAL!
Location
State FL
County Broward County
Area Ft Lauderdale Beach (3130-3170)
Zoning B-1
Interior
Heating Central Building A/C
Cooling Central Building A/C
Exterior
Water Access N
Roof Type Tile Roof
Private Pool No
Building
Story 1.0000
Foundation Concrete Block Construction, Stucco Exterior Construction
Sewer Public Sanitation
Water Public Water
Others
Pets Allowed No
Acceptable Financing Cash, Conventional/Refinance, Owner Financing
Listing Terms Cash, Conventional/Refinance, Owner Financing
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Listed by Tommy Crivello Real Estate Group