813 8Th AveFort Lauderdale, FL 33311

  • Industrial properties
  • 2,826 SF
For Sale
$2,995,000 View listing

Property Details for 813 8Th Ave

Year built
1957
Construction
CONCRETE
Lot size
0.15 AC
Property size (Sq ft)
2,826 SF
Zone code
I
Property type
Industrial properties
Property subtype
Other warehouses
APN
49-42-34-06-5740
APU
494234065740

Description

This exceptional retail property, located at 813 & 815 NW 8th Ave in Fort Lauderdale, Florida, presents a lucrative investment opportunity. The well-maintained building, constructed in 1957, boasts a robust masonry structure and features heavy power and grade-level doors throughout. The roof was recently updated in 2023, ensuring long-term durability. This fully certified business has operated successfully since 1996, cultivating strong relationships with clients, including a 15-year partnership with Avis Rental Cars. The business consistently generates approximately $60,000 in gross monthly revenue, demonstrating its financial stability and potential for growth. Situated east of I-95, off Sunrise Blvd, in the densely populated Broward County within the Miami metropolitan area, this property benefits from excellent transportation access via its proximity to I-95. The asking price for this thriving business and its accompanying real estate is $2,995,000. This turnkey operation offers a rare chance to acquire a profitable, established business with a solid track record in a prime location. The property's strategic location and strong financial performance make it an attractive investment for discerning buyers seeking a high-return opportunity in the vibrant Fort Lauderdale market. The zip code is 33311.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $961,682
    Hospitality
    $880,896
    Educational
    $732,895
    Medical
    $758,100
    Retail
    $1,140,059
813 8Th Ave, Fort Lauderdale, Florida

Location Insight

City
Fort Lauderdale
County
Broward
State
Florida
Latitude
26.1336
Longitude
-80.153
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
$7,295
$67,500
$322,130
$389,630
-
$67,500
$322,130
$389,630

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