$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
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
Bought with Current Capital Realty