Interior
- Bathrooms
- 0
Active · CommercialSale
$6,000,000
114 NW 5th Street, Fort Lauderdale, FL 33301
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1959
- Lot size
- 8,126 sq ft
- HOA fee
- —
- Annual tax
- —
About this property
2 ADJOINING PROPERTITIES DRASTICALLY REDUCED Be part of Downtown Fort Lauderdale's hottest redevelopment area, Fat Village. Located between W Sunrise Blvd and W Broward Blvd in an OPPORTUNITY ZONE and just a 5-minute walk to Fort Lauderdale's Brightline Station, this parcel is an ideal opportunity for mixed use or multifamily development. SALE ALSO INCLUDES PARCEL 430 NW FLAGER AVE Build up to 30 stories per zoning dept. of Ft. Lauderdale. No setbacks. Take advantage of the Live Local Act. **2 additional parcels available .37 acresProperty is in HubZone. Land survey in supplements
Property location
Get Directions114 NW 5th Street, Fort Lauderdale, FL 33301
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Facts & features
Exterior & Structure
- Property type
- CommercialSale
- Year built
- 1959
- Lot size
- 8,126 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Broward
- MLS listing ID
- F10506416
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$11,743
- Cap rate
- 3.3%
- Net yield
- 3.3%
- Cash-on-cash return
- -8.4%
- Gross yield
- 6.6%
- Mortgage payment
- $28,443/mo
- Down payment
- $1,500,000
- Loan amount
- $4,500,000
- Annual NOI
- $200,400
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.