200 N Andrews Ave

Fort Lauderdale, FL, 33301

$6,500,000

$274 per ft²
$6,500,000
$274 per ft²
Active
Active
 - For Sale
carpenters-square
23,656 ft²
property_type
Commercial
calendar
Built 1985
Recently reduced! Multi-tenant office building for sale in downtown Fort Lauderdale. Great for owner/user looking for additional income. Building is 3 stories with covered parking/garage, lobby, elevator, and a 1,175 +/- SF office suite on the first floor, LONG TERM single tenant of approximately 9,200 SF on 2nd floor, and the 3rd floor is available for owner/user. Third floor is 9,295 +/- SF with core restrooms and 4 separate electric meters. New owner has ability to divide for additional tenants. Small roof top antennae adds additional income. Building signage is available. Elevator and 3rd floor restrooms recently updated. Close to Bright Line rail station, the newly approved joint governmental center, Flagler Village, FAT Village, with easy access to US 1, & Broward Blvd. 2nd floor tenant is on a long term lease with current leasing expiring 12/2028. Tenant has a modified gross lease, with tenant paying electric, janitorial, proportionate share of increases in taxes and insurance over base year of 2013. Tenant's 2021 income was $334,900. Additional antennae income of $6000 per year. Reimbursements from 2nd floor tenant are currently approximately $10,000 per year.
MLS® ID:
F10301011
Listed:
9/13/21
Updated:
2/4/23

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Floor Description
Carpet, Concrete, Ceramic Tile
Cooling
Central Air
Heating
Central

Exterior/Building Features

Lot Size
0.34 acres lot
Sewer
Public Sewer

Other Property Details

Area Name
3270
Taxes
$68057
Tax Frequency
per YEAR
Garage
No
Parking
Covered
Parking Total
32.0
View
N
County
Broward County
Water Source
Public
Pool
No
Total Stories
3

Property History

Date
Event
Price
Value
11/29/22
Price Change
$6,500,000
-5%
5/24/22
Price Change
$6,900,000
-4%

Courtesy of Levy Realty Advisors LLC, Judy Dolan,
Listing Contact: (954) 295-2676 

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

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Data last updated 2:42 AM UTC, 2/4/23

 

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