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    Salon Space in High Demand Area Title is generated by Realmo AI

    3324 NE 33rd Street, Fort Lauderdale, FL 33308

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    Claim this Listing
    For Lease
    $3,500 /Mo

    COMMERCIAL - Fort Lauderdale, FL

    Lot size:
    0.06 Acres
    Added:
    Feb 20, 2026
    Days on Market:
    102
    Last Refresh:
    Jun 2 at 2:06 am

    Property Features for 3324 NE 33rd Street

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    CB
    Standard status
    Active
    APN
    494319010640
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    GALT OCEAN MILE 34-16 B LOT 22 BLK 4
    Tax Annual Amount
    11231

    We can help!

    Listing Contact
    Lucila Sheehan

    Listing agent Lucila Sheehan License #3183936

    Listing office L & J's South-Florida Realty 16 Largo Way, Boynton Beach, FL

    Listing date Feb 20, 2026

    MLS# F10554209

    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

    • High‑demand location with excellent visibility and accessibility.
    • Existing plumbing and infrastructure for salon operations including hair washing stations.
    • Versatile space suitable for various business types like salon, coffee shop, or retail.
    • Includes reception/waiting area, manicure/pedicure area, styling stations, and multiple rooms.
    • Opportunity to redesign and modernize the space.
    • Public parking available.

    Overview

    This commercial space in Fort Lauderdale, Florida, offers excellent visibility and accessibility in a high-demand area. The existing layout is equipped with plumbing and infrastructure suitable for salon operations, including hair washing stations. The layout features a reception and waiting area, manicure and pedicure area, styling stations work area, hair washing stations, two rooms, a service storage room, a laundry room, a bathroom, and a back door. The property is zoned CB. There is an opportunity to redesign and modernize the space. Public parking is available through the City of Fort Lauderdale. The location is suitable for a coffee shop, ice cream shop, retail, parfums, or gift shop.
    Property Profile Location Intelligence

    Current Use by Public Records

    DermaGlo Spa Alternative Medicine Practice Lena's Nail Studio Nail Salon A & E Paramedical Skin ... Medical Clinic

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.101528
    Latitude
    26.168913

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    FAQs

    What type of property is this?
    Retail space - Well-located salon space with excellent visibility and accessibility.
    Where is this retail space located?
    The property is located at 3324 NE 33rd Street Fort Lauderdale, FL.
    What is the lease rate?
    The lease rate is $3,500 /Mo.
    What are key features of this property?
    This property features: High‑demand location with excellent visibility and accessibility.; Existing plumbing and infrastructure for salon operations including hair washing stations.; Versatile space suitable for various business types like salon, coffee shop, or retail.
    (954) 881-3989
    We can help!
    Listing Contact
    Lucila Sheehan
    Real Estate License ID: 3183936
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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.

    More about this property
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