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Property profile & analytics
FOR SALE
Commercial land

307 SW 5Th St Fort Lauderdale, FL 33315

1,750 SF 1 ac lot Built 1951
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US18-5335985
Property summary
AI-generated overview

This exceptional 1,650-square-foot restaurant space is situated within the vibrant RIVR Lofts, a 352-unit Class A multifamily development in Fort Lauderdale's TREDD District (Tarpon River Entertainment & Design District). This brand-new construction offers a first-generation space perfect for a variety of culinary concepts. The modern and sophisticated design creates a welcoming atmosphere, ideally positioned to attract residents of the building and the surrounding community. Located at 307 SW 5th St, Fort Lauderdale, FL 33315, in Broward County, this prime retail space is part of a larger 2,700-square-foot retail area within the complex. The space's ample size and contemporary design provide an excellent opportunity to establish a thriving business. The TREDD District's burgeoning growth ensures high visibility and foot traffic, making this a highly desirable location for a new restaurant or similar establishment. This is a unique chance to be part of a thriving, upscale community. The property is part of a larger multiple tenancy retail building.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1951
Construction CONCRETE
Total area 1,750 SF
Lot 1 ac (43,498 SF)
Zoning code RAC-SMU
APN 50-42-10-01-3630
UPID US18-5335985
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Rivr Lofts Apartments Apartment Building
  • NOVA STAR CRYPTO MINERS Tech Support Center IT Consulting Firm
  • MAT recovery residence of Fort Lauderdale Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.06M
CAP Approach CAP
by Request
Comparable Approach Comparable
$879k
Blend (final) Blend
$1.10M
Owner & transaction history
River Lofts Cl LLC · 4 yrs held
River Lofts Cl LLC
since 2022
Last sale
$1.1M
4 recorded transactions
2022
Price N/A
2020
Price N/A
2018
$1.1M
2005
Price N/A
Zoning & alternative use
RAC-SMU · Fort Lauderdale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

C - County R-2 - County R-4 - County RAC-AS - Arts and Sciences Districts RAC-CC - City Center District RAC-EMU - Regional Activity Center - East Mixed Use District RAC-RPO - Residential and Professional Office District RAC-SMU - Regional Activity Center - Southwest Mixed Use District RAC-UV - Urban Village Districts RAC-WMU - Regional Activity Center - West…

Zone name Regional Activity Center Southwest Mixed Use District
General category MIXED_USE
Zone area 44.37 ac
Top alternative use upside
Auto repair, garage $1.4M +56.5%
Neighborhood: shopping center $1.3M +45.3%
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