916 NW 9th Ave
Fort Lauderdale, FL 33311
Opportunity Zone Property · Retail Property For Sale
Investment Highlights
- Less than 200 ft away, retail leasing rates are at a consistent $30 NNN
- Over 150,000 SF of retail and office space being built within 300 ft
- Tremendous upside
- Over 5,000 multifamily units being built within a quarter-mile radius
- 300,000+ average daily vehicle count
Property Facts
Amenities
- Bus Line
- Pylon Sign
- Signage
About 916 NW 9TH AVE , FORT LAUDERDALE, FL 33311
DWNTWN Realty Advisors has been retained to arrange the sale of this opportunity zone property available for sale located at 916 NW 9th Avenue, Fort Lauderdale. The subject property is comprised of a mixed-use 2,750 SF building which sits on a 7,500 SF lot. This prime real estate is located in an opportunity zone on Powerline Rd, between the high trafficked corridors of Sunrise and Sistrunk Boulevards. Location Description: Over the last few years, this area has seen a ton of development, mostly including downtown, Las Olas, Flagler & FAT Village which are comprised of over 7,000 multifamily units in the pipeline along with over 50,000 SF of "Class A" retail/office space. As rates are steadily increasing, so is the demand for commercial space west of the railroad tracks where renters/investors tend to find more "affordable rates". The property is only a few blocks away from the brand new Virgin / Bright-line Train System. The CRA (Community Redevelopment Agency) is contributing funds to the area helping landlords and tenants redevelop the neighborhood very similar to Fat Village and Flagler Village.
Property Taxes
| Parcel Number | 49-42-34-05-3740 | Improvements Assessment | $180,000 |
| Land Assessment | $101,250 | Total Assessment | $281,250 |
Property Taxes
