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425 NE 8th St Fort Lauderdale, FL $ 5,000,000
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425 NE 8th St
$ 5,000,000
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New Construction
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425 NE 8th St

Fort Lauderdale, FL, 33304
$ 5,000,000
Baths0.0 Sq 2,903

Monthly Estimate*

$ 33,232

425 NE 8th St, Fort Lauderdale, FL 33304 - Image 1
Studio

Commercial Property for sale in Fort Lauderdale, FL

for $5,000,000. This 2,903 square foot building was built in 1964 on a lot size of 0.131198.

Star Bay Realty is proud to present a great value-add Quad-Plex opportunity located a few blocks from E Sunrise Blvd and US 1. Also close to the fabulous Fort Lauderdale Beaches, and downtown Fort Lauderdale! The 4-plex consists of (2) - 2 bedroom units, and (2) - 1 bedroom units. The Quad-Plex sits in the opportunity zone area where a lot of new developments are emerging. Excellent opportunity to re-purpose the land and be a part of this fast-growing area.

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Commercial Active

Price

$ 5,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,370

Style

Commercial

Lot Size

0.131198

Year Built

1964

Town/City

Fort Lauderdale

County/Region

Broward

MLS | Web ID

A11185753
Features
General
Sewer PublicSewer
Heating Central Electric
Cooling CentralAir
Possession ClosingFunding
Roof Other
Construction Materials Block Stucco
Year Built 1964
Tenant Pays Electricity Telephone
Stories 1
Levels One
Property SubType Commercial
County Broward County
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
City Fort Lauderdale
View Y/N N
Senior Community Y/N N
Zoning Description RAC-UV - REGIONAL AC
MLS Area 3270
Lot Size Units SquareFeet
Lot Size Square Feet 5715.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name 8th St
Listing Terms Cash Conventional
Property Attached Y/N N
Year Built Details New Construction
Land Lease Y/N N
Tax Annual Amount 7370.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 721
Structure Type MultiFamily Other
Standard Status Active
Occupancy Type CallAgent
Legal Description PROGRESSO RESUB OF BLK 254 72-2 B LOT 23 24 BLK 254
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Interior
Flooring Tile
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Exterior
Water Source Public
Total Parking 4.0
Lot Size Area 5715.0
Spa N
Building Area Total 2903.0
Covered Spaces 0.0
Road Frontage Type CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 425
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* Excluded Features
List By
Star Bay Realty Corp.

Broker

Tanecia@starbayrealty.org

Email

Affordability Calculator

$33,846
Per Month
98%
2%
0%
Monthly Principal & Interest
$33,232
Monthly Property Taxes
$614
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/12/2023$5,000,000 Listed Price

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425 NE 8th St, Fort Lauderdale, FL, 33304 is a Commercial Property for sale at $5,000,000 with 2,903 sqft and a lot size of 0.131198. 425 NE 8th St is a studio with 0.0 baths and was built in 1964. The property's zip code is 33304 which is in Fort Lauderdale, FL

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