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Asset Snapshot
Offering Summary
Investment Highlights
- Low Reserve - Very Motivated Seller
- Value-Add Opportunity Well Below Replacement Cost
- Building Size - ±53,144 SF
- Site Size - 3 Sites Totaling 1.4 Acres (Without Parking Structure
Offering Details
Fisher Auction Company and CBRE, Inc., are pleased to offer a rare “Value Add” opportunity via Online Auction, The Tower at Avery Place an 8-story tower that is prominently located along South Florida’s very busy Federal Highway (US-1) in the Fort Lauderdale MSA, city of Pompano Beach, Florida.
Located less than 1 mile from the Atlantic Ocean, the Building boasts unobstructed panoramic views of the Atlantic Ocean and surrounding areas. The ±53,144 SF Building was built in 1973, updated in 2001 and sits on ±1.4 acres, which includes a 4-story shared parking structure.
Due Diligence
Transaction Manager
Platform Fee
Buyer pays platform fee at closing.
8% or $25,000 minimum
How it Works
Learn about bidding, reserve prices, and closing.
Read the auction guideAuctioneer
Need Help?
Your transaction managers are your first point of contact for any auction or process questions. For additional support:
Investment Sales Brokers
Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
