Two-Unit Retail
1744 E Commercial Blvd Fort Lauderdale, FL 33334
1744 E Commercial Blvd, Fort Lauderdale, FL, 33334
$1,100,000
For Sale
Under Contract
$1,100,000
SINGLE_FAMILY - Fort Lauderdale, FL
Property Size2,612 SF
Lot Size0.17 Acres
Price / SF$421.13
Days on Market16
Property Features for 1744 E Commercial Blvd
General Information
- Property type
- Residential
- Property subtype
- Retail
- Standard status
- Active Under Contract
- APN
- 494211072950
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Description
- CORAL RIDGE ISLES 45-47 B LOT 6 BLK 42
- Tax Annual Amount
- 17213
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1971
- Floors in Building
- 1
- Number of units
- 2
- Building materials
- Block
Listing agency
RE/MAX Advance Realty II
(305) 251-2127
Listed by
Dania Diaz · License #3140615
(786) 380-5180
Added: Jul 8 Checked: Jul 23 at 2:06AM
MLS# A11988688
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-unit retail storefront property includes Unit 1 and Unit 2, supported by ample parking in both the front and rear. Unit 1 is currently leased to Estrella Insurance, while Unit 2 is vacant and available for an owner-operator or a new tenant. The property sits on a 0.1722-acre lot and is set up for multiple retail use possibilities based on the existing two-unit configuration.
The site is positioned for easy access, located about 1 to 6 miles from I-95, the Turnpike, Federal Highway, and the Beaches. It is on a highly traveled Commercial Boulevard, just west of US-1 and approximately 2 miles to the beaches, supporting straightforward customer access and visibility from the main roadway.
For buyers and serious retail tenants, the layout provides flexibility: Unit 1 can remain leased, or it may be vacated depending on the buyer’s preference, while Unit 2 offers immediate space readiness for occupancy. The combination of a current tenant and available space can support a variety of retail strategies, including owner-occupancy for one unit with leasing potential for the other.
The site is positioned for easy access, located about 1 to 6 miles from I-95, the Turnpike, Federal Highway, and the Beaches. It is on a highly traveled Commercial Boulevard, just west of US-1 and approximately 2 miles to the beaches, supporting straightforward customer access and visibility from the main roadway.
For buyers and serious retail tenants, the layout provides flexibility: Unit 1 can remain leased, or it may be vacated depending on the buyer’s preference, while Unit 2 offers immediate space readiness for occupancy. The combination of a current tenant and available space can support a variety of retail strategies, including owner-occupancy for one unit with leasing potential for the other.
Key Highlights
- Block construction building built in 1971 with central heating and central A/C
- Two‑unit layout: Unit 1 is 1,020 SF and leased to Estrella Insurance; Unit 2 is 2,612 SF and currently vacant
- Located on highly traveled Commercial Boulevard west of US‑1, with access 1–6 miles to I‑95, Turnpike, Federal Highway, and the beaches
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.1k | $27.60 |
| − Vacancy | −$5.6k | −$2.15 |
| EGI | $66.5k | $25.45 |
| − OpEx | −$19.9k | −$7.63 |
| NOI | $46.5k | $17.81 |
2,612 SF · lease $27.60/SF/yr · vacancy 7.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$664.7K
$581.6K – $775.5K
NOI $46,528 @ 7.0% cap · market cap 4.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.76M
$1.54M – $2.05M
NOI $122,868 @ 7.0% cap · market cap 11.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Smart Start Ignition ...
Building Supply
Versa Kitchen & Floors ...
Construction Company
Estrella Insurance #336
Insurance Agency
Bitbox Bitcoin ATM
Atm
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FAQs
What type of property is this?
Storefront property - Two retail units with front and rear parking, offering leased and vacant space options near major south Florida corridors.
Where is this storefront property located?
The property is located at 1744 E Commercial Blvd Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Block construction building built in 1971 with central heating and central A/C; Two‑unit layout: Unit 1 is 1,020 SF and leased to Estrella Insurance; Unit 2 is 2,612 SF and currently vacant; Located on highly traveled Commercial Boulevard west of US‑1, with access 1–6 miles to I‑95, Turnpike, Federal Highway, and the beaches
