571-573 27Th Ave Fort Lauderdale, FL 33312
- Retail space
- 1,823 SF
- 0.10 lot acres
Current Use by Public Records
- Retail space
Property Details for 571-573 27Th Ave
- Year built
- 1962
- Construction
- CONCRETE
- Lot size
- 0.10 lot acres
- Property size
- 1,823 SF
- Zone code
- B-2
- Property type
- Retail space
- APN
- 50-42-08-01-0400
- APU
- 504208010400
Description
This exceptional 2,000 square foot retail storefront in Fort Lauderdale, Florida, presents a unique owner-user or investment opportunity. Located at 571-573 SW 27th Ave, this single-story, 1963-built building (renovated in 2015) sits on a 0.1-acre lot and is zoned B2. Currently operating as a 100% occupied pawn and gun shop with three separate units (each with its own water and electric meter), the property offers significant potential. The building comprises two storefronts and a one-bedroom suite, easily convertible back into three independent rental units. Its strategic location on a busy street in the Riverland area provides excellent visibility and accessibility, with proximity to I-95 and major highways. The area is experiencing substantial growth, fueled by multi-million dollar developments, including a new Walmart complex and numerous public and private investments in residential and retail projects, as well as infrastructure improvements within a one-mile radius. The nearest competing gun shop is approximately one mile away. Inventory, equipment, and licenses are available for separate negotiation. This property represents a compelling investment in a rapidly developing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.1782
- Latitude
- 26.1143
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA