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3114-20 E Sunrise Blvd

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  • Updated On:
  • April 4, 2023

Property Description

Dynamic prime Fort Lauderdale beachfront location. Fully renovated & stabilized turnkey commercial & residential income building offered at 4.5% Cap Rate – located behind beachfront Sonesta Hotel on Sunrise Blvd/AIA. Low maintenance asset provides ease of management for out-of-state investor. Refurbished in 2018 – (3) 2bed/1bath apts +(1) 1bed/1bath apts -some with great ocean views & all are sought after for short/long term rentals. Solid commercial tenants include high-end clothing Heart of City & popular “Nanou” French Bakery. Birch State Park is across road. With redevelopment of Galleria Mall to incorporate +- 1,900 family units + luxury stores and the 1.2 acre “Frank/Vinny” restaurant site selling last year for $7million, the focus on this prime area has never been more desired.
Country: United States
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Property Id : 28925


Luxury Real Estate Advisor
Member of: Ruchel Association

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