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Investment Highlights

  • 150 FT of frontage
  • Adjacent to well established retailers
  • Corner parcel at signaled intersection
  • 18,400 VPD on NE 4th Ave & 47,000 VPD on Sunrise Blvd
  • Located in an OPPORTUNITY ZONE

Executive Summary

Property was purchased and entitled for a single-story +/-6,500sf office structure. Many different by-right uses in friendly CB zoning. Seller is a general contracting firm who would be open to a build-to-suit for a buyer/tenant with strong credit.

Property Facts

Price $1,590,000
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Ground Lease (Leasehold)
  • Ground Lease (Leased Fee)
  • Build to Suit
  • Lease Option
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Auto Repair
  • Convenience Store
  • Daycare Center
  • Healthcare
  • Medical
  • Neighborhood Center
  • Restaurant
  • Strip Center
Total Lot Size 0.43 AC
Cross Streets 11th St
Opportunity Zone Yes
Zoning C-B - Community Business

1 Lot Available

Lot 3

Price $1,590,000
Price Per AC $3,697,674.42
Lot Size 0.43 AC

Southwest corner of signaled intersection at 4th Ave and NE 11th St. Located one block north of Sunrise Blvd., but features access from Sunrise through cross-access with Sherwin William. Property directly across the street from Home Depot.

Description

This 0.43 AC corner property has 150 FT of frontage on NE 4th Ave (18,400 VPD). There are an existing 13 parking spaces along the west side of the buildable pad, with an additional 47 spaces in the conjoined lot with the adjacent parcel. Shared parking and cross-access help with ingress and egress along a signaled intersection. With frontage across from Home Depot and shared parking with Sherwin-Williams, this location is prime for a retailer or a public facing office that entertains clients/customers. Located in an Opportunity Zone. 1091 NE 4th Ave boasts close proximity to many major landmarks. It lies half a mile from new developments in Flagler Village. MASS District, FAT Village, Las Olas, Sistrunk, and Wilton Drive are all less than 5 minutes away. Ft. Lauderdale Beach and Oakland Park are 10 minutes away. Access all South Florida via I-95 in 5 minutes, or FL Turnpike in 12 minutes via Sunrise Blvd. This location serves many desirable neighborhoods such as Middle River, Progresso Village, Flagler Village, Wilton Manors, and Victoria Park.

Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
49-42-34-04-8590
Land Assessment
$938,350
Improvements Assessment
$0
Total Assessment
$938,350
  • Listing ID: 30948497

  • Date on Market: 2/13/2024

  • Last Updated:

  • Address: 1091 NE 4th Ave, Fort Lauderdale, FL 33304

Contact the Sale Advisor

1091 NE 4th Ave - South Middle River Retail Pad

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