Property Description

Rare opportunity to acquire a completely renovated 8-unit commercial building in the heart of East Fort Lauderdale, east of US 1. This turnkey property has been taken down to the studs and rebuilt with quality throughout, making it an ideal investment for an owner-user or investor seeking minimal future maintenance. Perfectly situated in the highly desirable Rio Vista area, just minutes from Las Olas Boulevard and the 17th Street Causeway, the property provides convenient access to Whole Foods, Starbucks, restaurants, boutique shopping, nightlife, fitness centers, and many of Fort Lauderdale’s most popular destinations. This central East Fort Lauderdale location offers outstanding accessibility, strong demographics, and exceptional long-term investment potential in one of South Florida’s most sought-after commercial corridors. The property consists of eight units and has undergone a complete gut renovation with extensive new systems and improvements throughout. Improvements include all-new impact doors and windows, interior gypsum-board walls with soundproofing, mini-split air-conditioning systems with 10-year warranties, a new fire-retardant roof system, and replacement of the cast-iron plumbing with PVC and copper. The property also features new electrical throughout, a contemporary driveway and outdoor patio, and updated systems throughout. Four of the units are configured as studio apartments and four as one-bedroom units. The residential-style improvements include four in-unit washers and dryers and four full ultra-modern kitchens. Overall, the property is presented in exceptional condition with substantial modern, high quality improvements and updated infrastructure.

Features
Heating System
Cooling System
Parking Features
Roof:
Tile, Flat, Tar/gravel
Sewer
Address Map
State:
FL
County:
Broward
City:
Fort Lauderdale
Zipcode:
33316
Street:
1137 Se 6th Terrace 1-8, Fort Lauderdale, Florida
Longitude:
W81° 51' 49.8''
Latitude:
N26° 6' 31.9''
MLS Addon
Building Area:
2,997 Sqft
Construction Materials:
Block
Cumulative DOM:
12
DOM:
12
Electric
Flooring
Internet Address Display:
1
Internet Listing Display:
1
Lot Features
Parcel Number:
504211181360
Stories Total:
2
Tax Annual Amount:
$17,014
Utilities
Virtual Tour:
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Commercial Sale For Sale

1137 Se 6th Terrace 1-8, Fort Lauderdale, Florida, Fort Lauderdale, Florida 33316

6,250 Sqft
$2,600,000
MLS # #B26074004
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Price :
$2,600,000
Year Built :
1958
Lot Area :
6,250 Sqft
MLS # :
B26074004
Agent info
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