5130 N Federal Hwy

Fort Lauderdale,FL 33308

$ 2995000

- Bed

0 Bath

11609 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 11,609 sqft

Price per Sqft $257

MLS Listing ID A11660040

Year Built 1975

Annual Tax Amount $50,485

Lot Size 0.344 Acres

Property Description

Current Capital is pleased to present the Shoppes & Offices at Coral Ridge, a prime investment opportunity located on Federal Highway/US1 in Fort Lauderdale, Florida. This 12-unit retail and office property, situated on a 15,000 SF land site, offers approximately 11,609 SF of rentable space and features 110 feet of high-visibility frontage on Federal Highway/US1.

Originally built in 1976 and extensively renovated in 2022, the property is centrally positioned within the Broward County market, just 6 miles north of downtown Fort Lauderdale and 1.4 miles from Lauderdale by the Sea beach. With excellent visibility to over 44,000 average daily cars, and easy access to major highways including I-95 and the Florida Turnpike, the Shoppes & Offices at Coral Ridge
Offered below replacement cost

Location

State FL

County Broward

Area 3040

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