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5640 N Federal HwyFort Lauderdale, FL 33308Price: $2,300,000

  • Price: $2,300,000
  • 66 Days on Market
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Federal 30-year interest rate: 6.7% last updated on Sep 29, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,300,000List Price
  • 0.47Acreage
  • 1975Year Built
  • 6,305Square Feet

Listing Tools

DO NOT DISTURB TENANTS $300k Price Drop for Quick Sale! Recent Appraisal at $2.6m in hand. One of kind retail plaza located directly on Federal Highway. 6,305 square feet split into 3 suites with 2 fully functional restaurants on site. ~$100,000 in Capital Improvements in the past 2 years include a full front refacing. Great opportunity for an owner user to purchase and occupy restaurant space or to release it at market rates. Suite 1 - 3,455 sqft Colombian Restaurant (can be split into 2,455 and 1,000 sqft units) Suite 2 - 350 sqft Print/Shipping Store Suite 3 - 2,500 sqft High End Sushi Bar and Grill with long term lease. 6% cap rate pro forma NOI $156,000.00 Recent appraisal and environmental study in hand. DO NOT DISTURB TENANTS

Property Details of 5640 N Federal Hwy

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Listed By Jason Chamely Of Box Real Estate LLC

All listings featuring the RPBGFL MLS logo are provided by the Realtors of the Palm Beaches and Greater Fort Lauderdale, Inc. and BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2022 Realtors of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc

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