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Bean Group
Offered at $2,990,000Active
beds
—
baths
0
sq ft
3,000
Built
1961

625-631 S Andrews Avenue

Fort Lauderdale, FL

About this home

PRICE REDUCED Don't miss this rare opportunity to purchase prime real estate within the downtown Ft Laud core. This 13,000sf site is comprised of two, 6,500sf, abutting lots. The southern lot (627-631 S Andrews Ave) is presently developed with a 3,000sf retail building which is 100% occupied by two tenants. The long-time tenants, are both on short-term leases. The northern lot (625 S Andrews Ave) is currently vacant, fully fenced and can either be used for additional parking for the existing building on the southern lot or developed on its own. Whether as an investment property, covered land play or redevelopment project (with Publix supermarket nextdoor as a built-in anchor), this RAC-CC zoned property represents one of the last available properties with frontage along busy Andrews Ave. Property made up of two tax folios: 50-42-10-01-5600 & 50-42-10-01-5590

Listing last checked: Listing updated:

Listed by Albert C D'Agostino · Southern Commercial Properties · MLS #B26019024

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Details at a glance

Interior2 property facts
Heating
Central
Cooling
Central Air
Building5 property facts
Style
Retail
Year built
1961
Parking
12
Foundation
Slab
Roof
Flat
Land & utilities4 property facts
Lot size
0.3 acres
Water
Public
Sewer
Public Sewer
Zoning
RAC-CC
Financial2 property facts
Annual taxes
$34,775
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $2,990,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$18,017 / monthAdjust
Principal & interest
$15,119
Property tax
$2,898
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $34,775. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 625-631 S Andrews Avenue

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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