Current Capital is pleased to present the Shoppes & Offices at Coral Ridge, a prime investment opportunity located on Federal Highway/US1 in Fort Lauderdale, Florida. This 12-unit retail and office property, situated on a 15,000 SF land site, offers approximately 11,609 SF of rentable space and features 110 feet of high-visibility frontage on Federal Highway/US1.
Originally built in 1976 and extensively renovated in 2022, the property is centrally positioned within the Broward County market, just 6 miles north of downtown Fort Lauderdale and 1.4 miles from Lauderdale by the Sea beach. With excellent visibility to over 44,000 average daily cars, and easy access to major highways including I-95 and the Florida Turnpike, the Shoppes & Offices at Coral Ridge
Offered below replacement cost
5130 N Federal Hwy, Fort Lauderdale, FL, 33308
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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