2301 Andrews AveFort Lauderdale, FL 33316

  • Retail space
  • 800 SF
For Sale
$1,876,000 View listing

Property Details for 2301 Andrews Ave

Year built
1959
Construction
CONCRETE
Lot size
0.09 AC
Property size (Sq ft)
800 SF
Zone code
SRAC-SAE
Property type
Retail space
APN
50-42-15-01-7540
APU
504215017540

Description

This exceptional retail space, located at 2301 S Andrews Avenue, offers a flexible layout perfect for a variety of businesses. The property is a single-tenant building zoned CB, with APN 504215017540. Situated on a busy stretch of Andrews Avenue, it benefits from high visibility and significant foot traffic. The first floor offers open, adaptable space ideal for retail operations, complemented by a shared bathroom. The property also includes a second-floor storage area, although it lacks air conditioning. The building's strategic location provides easy access to Highway 84, placing it within convenient reach of car dealerships, marine industries, the airport, and the seaport. Its proximity to the 17th Street Causeway and downtown Fort Lauderdale further enhances its appeal. The property is available for lease, with options for leasing part or all of the building. Interested parties are encouraged to inquire about available space, pricing, and lease terms. The building is also available for sale. The lot size is not specified. The property consists of one suite.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $420,736
    6.5%
    $388,372
    7%
    $360,631
  • Comparable approach

    Method
    Valuation
    Relative Method
    $864,622
    Geo Method
    $864,622
  • Alternative Use

    Use
    Valuation
    Residential
    $327,606
    Hospitality
    $300,086
    Educational
    $249,668
    Medical
    $258,254
    Retail
    $388,372

Location Insight

City
Fort Lauderdale
County
Broward
State
Florida
Latitude
26.0934
Longitude
-80.1408
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
$14,568
$78,420
$620,640
$699,060
-
$78,420
$620,640
$699,060

FAQs

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