Active
200 N Andrews Ave
Fort Lauderdale FL, 33301
$10,000,000
$422.73 per sqft
Active
23,656 sqft
Commercial
Built in 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.
F10301011
MLSⓇ ID
September 14, 2021
Listed
November 10, 2023
Updated
Map
200 N Andrews Ave
Fort Lauderdale FL, 33301
Interior Features
Total Stories
3
Floor Description
Carpet, Concrete, Ceramic Tile
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.34 acres
Sewer
Public Sewer
Other Property Details
Taxes
$68,057
Tax Frequency
Annually
Days on Market
746
Garage
No
Parking
Covered
Parking Total
32
View
No
County
Broward County
Water Source
Public
Pool
No
Buyer Agency Compensation
2.0%
Courtesy of Levy Realty Advisors LLC
Listing Contact: (954) 295-2676
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Data last updated 8:40 AM UTC, 11/10/2023