901, 905, and 917 S Andrews Avenue present the perfect portfolio opportunity for investors in Fort Lauderdale. The office/retail buildings are all vacant, on 0.88 acres of land on one parcel. The assets are in fair condition, needing only minor repairs. 901 is built-out as a restaurant and 490 square feet, 905 is also a restaurant, ringing in at 1,915 square feet, and 917 is freestanding retail, totaling 725 square feet. All properties are one-story and were built in 1958, making them staples of the community. Broad RAC-RPO zoning allows for many potential uses of this site. RAC-RPO zoning in Florida is a Regional Activity Center-Residential and Professional zoning district. It's a high-density, multi-use area that encourages a variety of activities, including living, working, shopping, education, and recreation. While the entitlement still needs approval, similar approvals have already been granted for nearby parcels, highlighting the area’s readiness for transformative projects. Buyers have a breadth of potential at this site.

The Downtown Fort Lauderdale retail submarket is an excellent place for owners/users and investors to enter. The Downtown Fort Lauderdale retail submarket has roughly 200,000 square feet of space listed as available for an availability rate of 3.7%. Rents have also increased by 1.9% over the past year. Office also performs well in this submarket. Developers have increased the area's apartment stock by 80% over the past decade and are on course to increase it by a further 10% over the next few years. Downtown Fort Lauderdale also received a significant facelift that has improved transportation and infrastructure and enhanced the locale's live/work/play experience, drawing many of Broward County's young professionals and high-earners to move to the area. Nova Southeastern University and Keiser University have a combined student population of close to 25,000 and are a short drive from Downtown Fort Lauderdale. The Brightline, a service that connects South Florida's three business districts via a fast-train service, has made Downtown Fort Lauderdale more accessible.

Directly across the street, a new courthouse spanning 255,000 square feet and valued at $245 million is currently under development, signaling robust investment and growth in the area. The area is well-connected within a quick drive to Route 1 and Interstate 95. There is a plethora of retail and conveniences surrounding the property.

This prime location offers an exceptional opportunity for a landmark development, leveraging the surrounding infrastructure and the significant public investment in the community.

Property tours are available by appointment only. Please contact the listing broker to schedule.