Fort Lauderdale, FL

300 Sunset Dr, Fort Lauderdale FL 33301

$5,997,000

Key Details

Status
Active
Property Type
Income/MultiFamily
Year Built
1959

Overview

Opportunity to acquire a unique 16 unit multi-family building, steps from Las Olas Boulevard and within walking distance to Fort Lauderdale Beach. Sitting on a 0.35-acre lot, with just under 7,500 Sq. Ft. of building, the property is fully occupied, currently pulling in a gross income of $471,000. Located within a special pocket of commercially zoned property (CB) serving the surrounding affluent neighborhood, and nestled between the beach and the intercoastal, the site carries development rights for up to 15 stories, making for a prime mixed-use development opportunity in the future.

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