623 Bayshore Dr - Apartments FOR SALE


Fort Lauderdale, FL 33304- Downtown Fort Lauderdale
$11,900,000 USD
516-967-6979
623 Bayshore Dr, Fort Lauderdale, FL for Sale
$11,900,000 USD
Apartments - FOR SALE
1/13
null | Request Cap Rate

623 Bayshore Dr
Fort Lauderdale, FL 33304
Downtown Fort Lauderdale


HIGHLIGHTS

  • Property Manager is on site and will stay on if needed.

OVERVIEW

As one of the last known buildable waterfront lots on the intercoastal, this property is perfectly situated for a ground up redevelopment project. The property is currently rented allowing for any developer the ability to offset cost of purchase with current rent roll until shovel ready. Property Manager is on site and will stay on if needed. This is not one any developer would want to let slip away. Leases, Due Diligence material are available upon NDA signature. See flyer for value details.

FOR SALE DETAILS

PRICE

$11,900,000 USD

PRICE/SF

$1,460 USD /SF

# OF UNITS

11

PRICE/UNIT

$1,081,818

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,498 SF

ZONING

IO-A

APN/PARCEL ID

50-42-01-06-0770

ASK ABOUT THIS PROPERTY

Richard MachBMA Consultants & Advisors, LLCMore Info
516-967-6979

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Richard MachBMA Consultants & Advisors, LLCMore Info
516-967-6979

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.