Fort Lauderdale, FL

1227 South Andrews Ave, Fort Lauderdale FL 33316

$1,180,000

Key Details

Status
Active
Property Type
Mixed Use

Overview

Situated in the heart of Fort Lauderdale’s bustling business district. This prime property offers a strategic location with exceptional visibility and accessibility to downtown amenities, major highways, and corporate headquarters. Bldg sq ft: 2,491. Tenant in place (current Lease expires in July 2026). Zoning allows for further residential or commercial development. A seven unit residential bldg can be developed on this lot. A 20,000 square foot commercial bldg can be developed. Excellent development opportunity! Zoned as SRAC-SAE in Fort Lauderdale, this designation permits a wide range of commercial uses, including retail, office, hospitality, and mixed-use developments. (see attached presentation). Cap rate 4.5%. Inquire about lease info and financials.

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Iliana Pruitt
Ileana@CaneroGroup.com
786-287-8188
Contact Agent
250 Giralda Avenue
Coral Gables, FL 33134
(305)-444-5004

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