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23126010
23151872

901-917 S Andrews Ave, Fort Lauderdale, FL 33316

Regulus Alliance Corporation
Listed by Regulus Alliance Corporation
$12,000,000
406 days on market
Updated 48 days ago

Downtown S. Andrews Avenue Fort Lauderdale for Sale by Owner

Details
Property Type Hospitality, Land (+3)
Sub Type Commercial, Shopping Center
Square Footage 39,104
Net Rentable (SqFt) 4,250
Units 3
Broker Co-Op No
Year Renovated 2016
Buildings 3
Stories 1
Acreage 0.880
Zoning RAC RPO
Investment Type Redevelopment
Occupancy Date 01/14/2026
Ownership Direct
Sale Condition For sale by owner

One Acre (+/-) On S. Andrews Avenue west side across from New Federal Courthouse RAC Zoned

Marketing description

FOR INVESTORS, EQUITY FIRMS AND DEVELOPERS: LAND AT THE HEART OF THE NEXT NEW DOWNTOWN FORT LAUDERDALE HIGH RISER DEVELOPMENT AREA: This parcel is the entrance, the centerpiece, to the next high-rise development area of Fort Lauderdale. near the existing County Courthouse buildings and across from the newly acquired Federal Courthouse property relocating from Broward Blvd, under construction in a 3.4 acre parcel at the corner of 3rd Avenue and 10th street directly across from our property. Almost an acre in Downtown Fort Lauderdale next to fabulous Hardy's Park sits this property which fronts three different streets with the lengthy frontage facing EAST on South Andrews Avenue,Broward General Hospital, Theater of the Performing Arts, Brightline Train Station and the Downtown Las Olas downtown Fort Lauderdale Area in the Business District.

The zoning on 9th street that separates it from Hardy's park is RAC CC (similar to Las Olas High-Rise zoning). Currently, the property is zoned RAC RPO. Our property is part of the new High-Riser area of Fort Lauderdale, it is the opening lot of the rest of South Andrews Avenue in an area that is destined for the next great development of the more prestigious side of Fort Lauderdale.

Investment highlights

The best use of the property is for an investor to acquire and hold until the development plan is ready to launch starting with rezoning to RAC CC and then to team up with the development team that has been accumulating and assembling the land around it and to the side with the potential to vacate 10th street and attach the rest of the parcels for development, building heights similar to the recent approvals on the 6th street corner, ie 47 floors.

DETAILS: Suitable for banking the land for a private investor or equity firm until the area is ready to be rezoned as a whole to RAC CC zoning, high density, in contrast to the areas across from it on the East side of S. Andrews Avenue which are restricted in height and density due to the location of the existing County Courthouse buildings, planned Federal Courthouse buildings and Broward General Medical Center from which the property is walking distance.

Although it is currently zoned RAC RPO for 150 feet building , the developer investor should be aware that attempts to build such a small project is not the highest and best use of the property.

901, 905 and 917 S Andrews Ave is a portfolio of 3 single-tenant retail buildings in one of the most desirable locations for professionals, attorneys, Doctors and Entrepreneurs in the Ft Lauderdale area as Lawyers park and walk to the County Courthouse from there. Each building features its own dedicated surface-level parking and multiple turn-in lanes from the surrounding streets. Zoning: RAC RPO with RAC CC on adjacent 9th Street. Walking distance to the Fort Lauderdale Courthouse, near the Brightline Station, Broward Center of the Performing Arts, Las Olas Blvd, across the street from the newly acquired Federal Courthouse property for the relocation from Broward Blvd to 10th and 3rd. Parcel is 0.88 Acre. and has 41 Parking spaces right next to Hardy's Park

The property is listed for Sale for all three buildings and the 10,000 sq Ft back outdoor garden.

The Existing buildings could be renovated and leased as a holding method for a number of years or with existing RAC RPO zoning.

Location is downtown Fort Lauderdale next to Hardy's Park, across from the newly purchased Federal Land 3.4 acres on the corner of 10th Street and 3rd Avenue dedicated to the new Federal Courthouse building, within walking distance from the Existing County Courthouse, Broward General Hospital, Theater of the Performing Arts, Brightline Train Station which runs currently from Miami to Palm Beach and all the way to Orlando (Future Buildout) and the Downtown Las Olas downtown Fort Lauderdale Area in the Business District.

For Finance companies, insurance Companies and Hedge Funds: Amazing investment as per future growth and downtown plans.

For Real Estate Agents: 3% commission is offered. I prefer an email as a method of communication but if I do not respond timely please text me at 954-610-4570. Inquiries without a proper introduction will not be answered, please introduce yourself properly and respectfully and I will respond in a similar way.

TOULA AMANNA

Listing Contacts

Regulus Alliance Corporation
Listed by Regulus Alliance Corporation

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