2719 6Th StFort Lauderdale, FL 33311
- Office properties
- 1,156 SF
Property Details for 2719 6Th St
- Year built
- 1969
- Construction
- CONCRETE
- Lot size
- 0.10 AC
- Property size (Sq ft)
- 1,156 SF
- Zone code
- RS-6
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 50-42-05-06-0830
- APU
- 504205060830
Description
This exceptional mixed-use property, located at 2719 NW 6th Street, Fort Lauderdale, FL 33311, presents a compelling value-add opportunity for discerning investors. The 4,501 square foot building, constructed in 1969, sits on a single-story structure and is zoned for commercial use. Currently configured as a single unit, this property offers significant potential for redevelopment or repositioning to capitalize on the area's rapid growth. Situated in a high-traffic area with excellent frontage, this asset is ideally positioned to benefit from nearby infrastructure improvements and a surge of new developments. The property's location within an emerging neighborhood makes it an attractive investment for businesses seeking to establish themselves in a thriving community. This is a rare chance to acquire a property in a rapidly transforming area. The property's APN is 5042 05 06 0830. While the lot size is not currently available, this property is part of a larger offering of five total lots. Contact for pricing on additional lots. The asking price for this specific property is $500,000. Information is deemed reliable but not guaranteed.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $343,683
- 6.5%
- $317,246
- 7%
- $294,585
-
Comparable approach
- Method
- Valuation
- Relative Method
- $341,506
- Geo Method
- $341,506
-
Alternative Use
- Use
- Valuation
- Residential
- $393,384
- Hospitality
- $360,338
- Educational
- $299,797
- Medical
- $310,108
- Retail
- $466,351
Location Insight
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Latitude
- 26.1291
- Longitude
- -80.1788
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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