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For Sale550 Days
$2,500,000

507-513 8th Ave
Fort Lauderdale, FL 33311

Commercial For Sale
7,470 Sq. Ft.
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    Miami Real Estate Agency

    Description for 507-513 8th Ave, Fort Lauderdale, FL 33311

    For Sale> Broward County> Fort Lauderdale> 33311

    $CAP RATE OF 9.77% & RISING$ FULLY-LICENSED SHORT-TERM RENTAL PORTFOLIO OF 5 INDIVIDUALLY TITLED TOWNHOMES WHICH JUST WENT ACTIVE AUGUST 2023. LESS THAN 5 MINUTES FROM DOWNTOWN & ALL THE LAS OLAS BLVD ACTION . ALMOST $100,000 IN FUTURE BOOKINGS INCLUDED WITH THE SALE. “SISTRUNK SHADES” IS THE NAME UNDER WHICH YOU WILL FIND IT IN AIRBNB & ALL THE STR PLATFORMS. NEW CONSTRUCTION BUILT IN 2023. TURNKEY FULLY-FURNISHED BUSINESS. SELLER CAN STAY ON & MANAGE THE OPERATION SO THAT THE BUYER CAN TAKE ADVANTAGE OF ALL THE MARKETING & MOMENTUM CREATED BY THE SELLER. START MAKING MONEY IMMEDIATELY AFTER CLOSING! EACH TOWNHOME IS FULLY FURNISHED & CONSISTS OF 3 BEDROOMS, 2.5 BATHS & A 1-CAR GARAGE. THERE IS ALSO ONE ASSIGNED PARKING SPACE/UNIT & 2 GUEST PARKING SPACES. LOW INSURANCE & NO HOA FEE!

    Property Details

    Listing Details
    For Sale
    Commercial
    Multi-Family
    For Sale
    A11517021
    $2,500,000
    01/18/2024
    7,470 Sqft
    2023
    17
    7
    0630027
    Location Information
    US
    FL
    Broward County
    Fort Lauderdale
    33311
    8th Ave
    507-513
    W81° 50' 50.1''
    N26° 7' 40.7''
    507-513 NW 8th Ave
    3390
    NW
    Yes
    Garage/Parking
    Guest,Assigned
    No
    No
    Interior Features
    Tile,Wood
    Impact Glass
    Smoke Detector(s),Motion Detectors
    Exterior Features
    Shingle
    Block
    WaterFront and WaterAccess
    No
    Land Info
    City Street
    $2,500,000
    Utilities
    Central,Electric
    Central Air
    Public Sewer
    HOA Info
    2
    Annually
    Tax Info
    North Lauderdale 1-48 D 3-50-42 POR LAND IN BLK 16 DESC AS, COMM NE CORNER OF LOT 20 IN BLK 16, W ALG N/L OF LOT 20 45.08 TO POB, W 29.66
    $6,290
    2023
    Listing Information
    Miami Real Estate Agency
    Jose Gonzalez
    17
    MIAY01
    Sefmiami
    $2,500,000
    No
    Public
    3255239
    Miami Real Estate Agency
    Erik Mendelson

    Price History

    Source: MLS
    DateEventPriceSource
    2024-01-18For Sale$2,500,000MLS
    Get Price Alert

    Walk Score

    Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

    Walk Score

    4

    Bike Score

    7

    Transit Score

    3

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