3120 E Sunrise Blvd, Fort Lauderdale, FL 33304

$3,000,000
List Price
$3,000,000
MLS#
F10234491
Status
ACTIVE
Type
Commercial
City
Fort Lauderdale
Year Built
1958
Lot Dimensions
4041

Property Description

Building is on a prime location on the beach. Strong performing residential income on second floor with commercial income on first floor showing a 6% Cap. This sought after building behind the Sonesta hotel on the corner of East Sunrise Boulevard and Sunrise Lane won't last. There are four newly refurbished apartments on the second floor - two x 2bed/1bath apartments and 2 x 1bed/1bath apartments boasting state of the art appliances and open kitchen/living room. One of the 2bed/1bath apartments has wrap around views of the ocean. On the first floor are three commercial spaces - one vacant space, one space occupied by a clothing store with a 5 year lease and one previous Bar space that is in negotiations to lease again as a bar. Building is surrounded by exclusive residential neighborhoods

Additional Information

Lot Size
7,901
Taxes
$17,625
Heating
Central Individual A/C
Flooring
Tile Floors, Wood Floors
Water
Public Water
Sewer
Public Sanitation

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Douglas Elliman.


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