2719 6Th StFort Lauderdale, FL 33311

  • Office properties
  • 1,156 SF
For Sale
$500,000 View listing

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
2719 6Th St, Fort Lauderdale, Florida

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,282
$13,500
$286,980
$300,480
-
$13,500
$286,980
$300,480

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