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    Fort Lauderdale Commercial/Industrial Building Title is generated by Realmo AI

    1101 NE 8th Avenue, Fort Lauderdale, FL 33304

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    Pending
    $29 SF/Yr $11,097/Mo (calc)

    COMMERCIAL - Fort Lauderdale, FL

    Property size:
    4,592 SF
    Lot size:
    0.27 Acres
    Added:
    Nov 5, 2025
    Days on Market:
    212
    Last Refresh:
    Jun 5 at 1:06 am

    Property Features for 1101 NE 8th Avenue

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    B-3
    Standard status
    Pending
    APN
    494234041814
    Size
    4,592 SF
    Lot size
    0.27 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    PROGRESSO 2-18 D PT OF TRIANGULAR TRACT N OF BLK 179 & W OF BLK 149 DESC'D AS,BEG AT SE COR OF SAID TR, NLY 67.50,WLY 66.00,NLY 18.20, WLY 5

    Building Details

    Building materials
    Block
    Roof type
    Concrete

    We can help!

    Listing Contact
    Anthony Fasano
    Anthony Fasano

    Listing agent Anthony Fasano License #3428008

    Listing office Whitaker Realty, PA 632 SE 9th Avenue, Fort Lauderdale, FL

    Listing date Nov 5, 2025

    MLS# F10530725

    Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime Exposure: Frontage along the Brightline rail corridor offers rare branding and signage opportunities.
    • Ample Parking: 26 dedicated surface spaces.
    • Central Location: Minutes from I‑95, US‑1, Port Everglades, Fort Lauderdale International Airport, and Downtown.
    • Flexible Layout: High ceilings and open floor plan suit multiple business models.
    • Size and Adaptability: 4,592 SF building on an 11,893 SF parcel, adaptable for a wide range of users.
    • B‑3 Zoning: Offers broad commercial usage potential.

    Overview

    This 4,592 SF freestanding commercial/industrial building is positioned in the heart of Fort Lauderdale. Constructed with CBS block in 1970 and effectively updated in 1980, the property is situated on an 11,893 SF parcel. The B-3 zoning offers adaptability for a wide range of users. The property features frontage along the Brightline rail corridor, providing branding and signage opportunities. The layout includes high ceilings and an open floor plan suitable for multiple business models. There are 26 dedicated surface parking spaces. The central Fort Lauderdale location is minutes from I-95, US-1, Port Everglades, Fort Lauderdale International Airport, and Downtown. Select on-site equipment is available for purchase from the tenant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Frank Baez Auto Auto Repair Shop

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Daycare Center Building Supply Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • D-LAND Kitchen — fort lauderdale, fl 33304
    • Private Palm Beach Chef — 910 N Victoria Park Rd UNIT 202, Fort Lauderdale, FL 33304
    • Catering Los Angeles — 750 N Flagler Dr, Fort Lauderdale, FL 33304
    • Elegant Event's By Alyson — 737 NW 3rd Ave, Fort Lauderdale, FL 33311
    • Chef Mark Fiori — 1015 NE 9th Ave, Fort Lauderdale, FL 33304

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.135706
    Latitude
    26.139035

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    FAQs

    What type of property is this?
    Flex space - Freestanding 4,592 SF building in central Fort Lauderdale.
    Where is this flex space located?
    The property is located at 1101 NE 8th Avenue Fort Lauderdale, FL.
    What is the lease rate?
    The lease rate is $29 SF/Yr.
    What are key features of this property?
    This property features: Prime Exposure: Frontage along the Brightline rail corridor offers rare branding and signage opportunities.; Ample Parking: 26 dedicated surface spaces.; Central Location: Minutes from I‑95, US‑1, Port Everglades, Fort Lauderdale International Airport, and Downtown.
    (954) 815-3821
    We can help!
    Listing Contact
    Anthony Fasano
    Anthony Fasano
    Real Estate License ID: 3428008
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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