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    701 N Andrews Ave Fort Lauderdale, FL 33316

    For Sale
    $3,385,000

    Fully leased commercial building in Downtown Fort Lauderdale's Flagler Village.

    Property size:
    5,168 SF
    Lot size:
    0.25 Acres

    Property Features for 701 N Andrews Ave

    General Information

    Size
    5,168 SF
    Lot size
    0.25 Acres

    Source: Marcus & Millichap | Fort Lauderdale Agent Aaron O'Connor

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Fort Lauderdale Commercial Asset

    The property at 701 N Andrews Avenue offers an opportunity to acquire a fully leased, freestanding commercial asset. Located in Downtown Fort Lauderdale’s Flagler Village and Progresso Village neighborhoods, this ±5,168-square-foot concrete block building is situated on a 0.25-acre parcel. The property features frontage along N Andrews Avenue, a main north-south corridor experiencing residential, commercial, and mixed-use development.
    Insight Report Location Intelligence

    Current Use by Public Records

    CPR Certification Fort ... Emergency Training Vermillion Sky Software Company Code Explorers at City ... After School Program Gelber Law Group, ... Attorney Warrior Temple Island ... Martial Arts School

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Law Firm Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1435948
    Latitude
    26.1121083

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    FAQs

    What type of property is this?
    Office building - Fully leased commercial building in Downtown Fort Lauderdale's Flagler Village.
    Where is this office building located?
    The property is located at 701 N Andrews Ave Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $3,385,000.
    What are key features of this property?
    This property features: - Fully leased commercial asset providing immediate income.; - Prime location in Downtown Fort Lauderdale's Flagler Village/Progresso Village.; - Freestanding ±5,168-square-foot concrete block building.
    (954) 245-3495
    Request Owner's contact information
    701 N Andrews Ave Fort Lauderdale, FL 33316
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    Realmo Value Estimation

    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.

    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.

    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
    701 N Andrews Ave Fort Lauderdale, FL 33316
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