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511 SE 5th Ave # 2, Fort Lauderdale FL 33301

Commercial Recently Sold
$549,000

BTC: 8.57812500

ETH: 324.65996452

Sold on: 2022-03-18
70 days
Waterfront
0 room(s)

Overview

Amazing retail or office space at the Nu River Landing Building with almost 2,300 sqf. Entrance through the sophisticated lobby of the building (possibility to have a door to the outside as well), beautiful glass wall reception. Very nice open space, with some private offices/rooms, a kitchenette and a bathroom. The space is already finished with beautiful marble floors, drop ceiling and recessed lighting. Assigned parking space plus valet parking at a discounted price. Nu River is located just steps from all the action in Las Olas, Downtown and right next to many commercial buildings, such as Broward County Court House, and at the same time on a very tranquil and beautiful waterfront location. Tenant is currently on a month to month contract, but willing to sign a new contract.

Location

Details

Type:
Commercial Sale
Parking:
Assigned / Covered / Valet
Year Built:
2005
Lot:
2272.00 Acres
Heating:
Central Electric
Price/sqft:
No Data
Cooling:
Central Building A/C
HOA:
$1,206

Valuation

Our model vs. what's actually selling nearby.
Estimate
$920,000
$608K – $3.1M
Confidence Low
List vs. estimate
$352K below estimate
List $568,000 · -38.3%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,764
HOA
$1,206/mo
Waterfront
Canal Front, Navigable Water
All facts and features
  • Flooring

    • Marble/Slate Floors

    Heating

    • Central Electric

    Cooling

    • Central Building A/C

  • Parking

    • Assigned

    • Covered

    • Valet

    Lot

    • Lot: 2272.00 Acres

    Other Property Information

    • Parcel Number: 504210BF0050

    • Zoning: Res/Comm

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Mixed Use

  • Other financial information

    • HOA: $1,206

    • HOA Frequency: Monthly

    • Annual tax amount: $5,764

  • Source details

    • MLS ID: A11131592

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Lot Features: City Location / In Residential Area

    • Window Features: Clear Impact Glass

    • Waterfront: Yes

    • Water Source: Public

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Elite International Realty Inc