Fort Lauderdale, FL 33308,5130 N Federal Hwy
Fort Lauderdale, FL 33308,5130 N Federal Hwy
Fort Lauderdale, FL 33308,5130 N Federal Hwy
$2,800,000
$2,995,000 6.5%
Est. payment /mo
11,609 SqFt

UPDATED:

Key Details

Sold Price $2,800,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 11,609 sqft

Price per Sqft $241

MLS Listing ID A11660040

Sold Date 12/31/24

HOA Y/N No

Year Built 1975

Annual Tax Amount $50,485

Contingent Pending Inspections

Lot Size 0.344 Acres

Property Description

Current Capital is pleased to present the Shoppes & Offices at Coral Ridge, a prime investment opportunity located on Federal Highway/US1 in Fort Lauderdale, Florida. This 12-unit retail and office property, situated on a 15,000 SF land site, offers approximately 11,609 SF of rentable space and features 110 feet of high-visibility frontage on Federal Highway/US1.

Originally built in 1976 and extensively renovated in 2022, the property is centrally positioned within the Broward County market, just 6 miles north of downtown Fort Lauderdale and 1.4 miles from Lauderdale by the Sea beach. With excellent visibility to over 44,000 average daily cars, and easy access to major highways including I-95 and the Florida Turnpike, the Shoppes & Offices at Coral Ridge
Offered below replacement cost

Location

State FL

County Broward

Area 3040

Others

Tax ID 494213090040

Financing Conventional


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Listed by Current Capital Realty
Bought with Current Capital Realty

Learn More About LPT Realty

agent

Belkys Munoz

+1(305) 606-6879

Agent | License ID: 3123141

Agent License ID: 3123141

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5130 N Federal Hwy