For Sale
$1,200,000

1126 31St AveFort Lauderdale, FL 33311

Prime Location, Updated Office Building

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional two-story commercial building, located at 1126 NW 31st Avenue in Fort Lauderdale, Florida, presents a rare investment opportunity. Spanning over 6,400 square feet on a lot exceeding a quarter-acre, this property boasts a prime location directly across from the historic Swap Shop. The building, constructed in 1971, has undergone extensive renovations, including complete updates to the electrical system, plumbing, and air conditioning units. All work was completed with permits and includes hurricane impact windows and doors. The building's layout comprises four large, ground-floor business suites, each featuring a private restroom and separate electric meter. The entire upper floor consists of a single, expansive unit subdivided into seven suites, a full kitchen, and four updated bathrooms. This configuration offers significant rental income potential, estimated to exceed $10,000-$14,000 per month. The property's versatility makes it ideal for a variety of uses, including schools or churches. The building has successfully completed its 40-year certification. The current zoning is B-3; however, buyers are advised to verify zoning with the city of Fort Lauderdale. The asking price for this remarkable property is $1,200,000. This is a five-unit building.

Highlights

  • Asking Price: $1,200,000
  • Property Type: Five-unit office building
  • Year Built: 1971, recently renovated
  • Location: 1126 NW 31st Avenue, Fort Lauderdale, FL 33311, across from the Swap Shop
  • Building Size: 6,400+ sq ft on a large lot. Features updated electric, plumbing, A/C, hurricane impact windows & doors, and a 40-year certification.

Property Details for 1126 31St Ave

Property type
Office properties
Year Built
1971
Units
5

Location Insight

City
Fort Lauderdale
County
Broward
State
Florida
Latitude
26.138989
Longitude
-80.1863269
1126 31St Ave, Fort Lauderdale, Florida

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1126 31St Ave
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