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Fully Leased Freestanding Retail Building

$1,450,000

1451 NW 31st Ave, Fort Lauderdale, FL 33311

Active
Last Updated: 11/03/2022

8,176 sqft

Building Size

1.5009 acres

Lot Area

Details:
Building Size:    8,176 sqft
Lot Area:    1.5009 acres
Units:    5
Year Built:    2007
Highlights:
  • Opportunity Zone
Description:

Free standing retail building on highly visible NW 31st Avenue just ½ mile north of the SWAP SHOP. This property has an enormous amount of parking 7/1000. Tenants on the endcaps are month to month. The property is in an Opportunity Zone.

Property located in an Opportunity Zone, on the west side of NW 31st ave, about 1/4 mile north of Sunrise blvd

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Documents:
Title
654590
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Today's Available Mortgage Rates

1451 NW 31st Ave, Fort Lauderdale, Florida 33311

Choose Your Priority
 
Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 06/13/2025
Bank*Lender #1049
5 Year Fixed
25 Year Amortization
Interest rate 5.96% 5 Year Fixed
Mo. Payment$4,747 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 51% LTV $0 Lender fees
Loan Amount $739,500 Loan Amount
Details
Bank*Lender #1049
7 Year Fixed
25 Year Amortization
Interest rate 6.09% 7 Year Fixed
Mo. Payment$4,805 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 51% LTV $0 Lender fees
Loan Amount $739,500 Loan Amount
Details
Bank*Lender #1049
10 Year Fixed
25 Year Amortization
Interest rate 6.19% 10 Year Fixed
Mo. Payment$4,756 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 50% LTV $0 Lender fees
Loan Amount $725,000 Loan Amount
Details
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CommLoan is providing quotes for information purposes only. For additional information on the largest commercial real estate lending marketplace, visit: www.commloan.com.

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