Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3007 W Commercial Boulevard Fort Lauderdale, FL 33309

    View on Map
    Claim this Listing
    For Sale
    $379,000

    SINGLE_FAMILY - Fort Lauderdale, FL

    Type:Retail
    Lot size:
    0.02 Acres
    Added:
    Dec 4, 2024
    Days on Market:
    500
    Last Refresh:
    Apr 18 at 9:06 pm

    Property Features for 3007 W Commercial Boulevard

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Zoning
    B-1
    Standard status
    Active
    APN
    494217BC0010
    Lot size
    0.02 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Description
    COMMERCIAL PLACE CONDO UNIT 101 PER CDO BK/PG: 44888/370
    Tax Annual Amount
    4040

    Building Details

    Year built
    2006

    We can help!

    Listing Contact
    J. Josep D Pelayo
    J. Josep D Pelayo

    Listing agent J. Josep D Pelayo License #3005451

    Listing office Total R E Consultants Inc 11760 W Sample Road #104, Coral Springs, FL

    Listing date Dec 4, 2024

    MLS# F10474451

    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.

    Overview

    Corner Storefront on Commercial Boulevard

    This first-floor corner storefront space is available for sale. The unit fronts Commercial Boulevard, which experiences an average daily traffic count of 55,000 vehicles annually. Zoned B-1, the unit is suitable for a variety of businesses, including retail storefronts. The building currently houses a law office and a beauty supply store, among others. The current layout is configured as a restaurant/cafe but can be reconfigured. Parking is available in the front and rear of the building. The property is located minutes from Fort Lauderdale Executive Airport and is closely located to I-95 and Florida's Turnpike, providing accessibility for customers and employees. The property is sold in as-is condition.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bassotech Inc. Computer & Electronic Repair Elan I. Baret ... Law Firm H&R Block Tax Preparation We can protect ... Building Supply AlarmOne Security Service

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.185659
    Latitude
    26.186857

    Nearby Similar for Sale

    • $400,000
      3,120 SF

      Fort Lauderdale Restaurant Opportunity

      Turnkey restaurant with liquor license near Fort Lauderdale Beach.
      1025 N Federal Highway, Fort Lauderdale, FL
      View Details
    • $697,000
      2,500 SF

      Established Italian Restaurant in Fort Lauderdale

      Successful restaurant with loyal clientele in Fort Lauderdale's historic district.
      1 Fort Lauderdale, Fort Lauderdale, FL 33308
      View Details
    • $3,600,000

      Sunrise Boulevard Commercial Investment Opportunity

      Commercial property with multiple income streams on Sunrise Boulevard.
      2990 W Sunrise Blvd, Fort Lauderdale, FL 33311
      View Details
    • $710,000

      Fort Lauderdale Retail/Office Building

      Freestanding retail/office building on Federal Hwy, Fort Lauderdale.
      1200 S Federal Hwy, Fort Lauderdale, FL 33316
      View Details
    • $1,900,000

      Fort Lauderdale Office/Warehouse Opportunity

      Freestanding office/warehouse with B-3 zoning in a desirable location.
      1143 NE 7th Ave, Fort Lauderdale, FL 33304
      View Details
    • $1,350,000

      Fort Lauderdale Mediterranean Restaurant Opportunity

      Turn-key Mediterranean restaurant with high ratings and growth potential.
      511 SE 5th Ave (Restaurant), Fort Lauderdale, FL 33301
      View Details
    • $98,000

      Boba Tea Shop Opportunity

      Turnkey boba tea shop for sale on North Federal Highway.
      Boba Tea Shop For Sale On Busy North Federal Hwy, Fort Lauderdale, FL 33304
      View Details
    • $330,000
      800 SF

      Furnished Condo with Resort Amenities

      Move-in ready condo with resort-style amenities and 24/7 security.
      3300 NE 36th Street, , FL 33308
      View Details
    • $1,300,000

      High Visibility Retail on Commercial

      Retail opportunity with high visibility and easy highway access.
      1744 E Commercial Blvd, Fort Lauderdale, FL 33334
      View Details
    • $424,999
      1,786 SF

      Lauderhill Duplex on Corner Lot

      Duplex in desirable Lauderhill neighborhood, close to amenities.
      4100 NW 39TH AVENUE, FORT LAUDERDALE, FL 33309
      View Details
    • $699,950

      Fort Lauderdale Office Space Available

      1858 Sq Ft office space with high-end finishes.
      2455 E Sunrise Boulevard, Fort Lauderdale, FL 33304
      View Details
    • $975,000

      Fort Lauderdale Retail Near Beach

      Retail space in east Fort Lauderdale, one block from beach.
      3313 NE 32nd St, Fort Lauderdale, FL 33308
      View Details

    FAQs

    What type of property is this?
    Storefront property - Corner storefront on Commercial Blvd, suitable for retail.
    Where is this storefront property located?
    The property is located at 3007 W Commercial Boulevard Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $379,000.
    What are key features of this property?
    This property features: High Traffic Location: Frontage on Commercial Blvd with 55,000 average daily traffic count.; Versatile B‑1 Zoning: Suitable for a variety of businesses, including retail.; Ample Parking: Plenty of parking available in both the front and rear of the building.
    (954) 551-9427
    We can help!
    Listing Contact
    J. Josep D Pelayo
    J. Josep D Pelayo
    Real Estate License ID: 3005451
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!