For Sale
$1,500,000

515 1St AveFort Lauderdale, FL 33301

Two Buildings, Prime Location, Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents two adjacent commercial buildings located in the heart of downtown Fort Lauderdale, Florida. The combined offering encompasses 5,600 square feet of versatile space, ideally suited for a variety of uses. The properties, situated at 515 SW 1st Avenue and 516 SW Flagler Avenue, are being sold together for $1,500,000. Built in 1990 and renovated in 2004, the single-story buildings boast attractive features including high ceilings and a convenient bay door. The buildings share a back-to-back configuration, allowing for easy internal access between the two structures. The property is currently vacant, providing immediate occupancy or the flexibility for future development. This prime location in a rapidly growing area of Fort Lauderdale offers significant potential for long-term capital appreciation and strong rental income. The property's versatility makes it an ideal investment for owner-occupancy, leasing to multiple tenants, or future redevelopment projects. The convenient location and desirable features make this a compelling opportunity for discerning investors seeking a strong return on investment in a thriving urban market. The property is classified as Class C and offers ample parking. The lot size is not specified.

Property Details for 515 1St Ave

Property type
Office properties, Office space
Square Feet
5,600 SF
Class
C
Year Built/Renovated
1990/2004
Stories
1

Location Insight

City
Fort Lauderdale
County
Broward
State
Florida
Latitude
26.115542
Longitude
-80.1446103
515 1St Ave, Fort Lauderdale, Florida

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515 1St Ave
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