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    Fort Lauderdale Storefront For Sale Title is generated by Realmo AI

    1408 NE 4th Ave, Fort Lauderdale, FL

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    Prime Fort Lauderdale storefront with versatile layout and ample parking.

    Type:RETAIL
    Property size:
    5,330 SF
    Lot size:
    0.44 Acres
    Price / SF:
    $328/SF
    Added:
    Mar 7, 2023
    Days on Market:
    1199
    Last Refresh:
    May 20 at 9:46 pm

    Property Features for 1408 NE 4th Ave

    General Information

    Standard status
    Active
    Size
    5,330 SF
    Lot size
    0.44 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Steve Davis
    Steve Davis

    Listing agent Jordan Beck

    Listing office SVN - Commercial Realty | Fort Lauderdale

    Listing date Mar 7, 2023

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of SVN - Commercial Realty | Fort Lauderdale

    HighLights

    • Prime location in Fort Lauderdale, FL
    • Highly visible storefront with great signage opportunity
    • Ample parking for customers and employees
    • Close proximity to major highways and public transportation
    • Versatile layout for various business needs
    • Surrounded by established businesses and residential neighborhoods

    Overview

    This property is a storefront located in Fort Lauderdale, Florida. It features a versatile layout suitable for various business needs. The location offers high visibility and signage opportunities. Ample parking is available for both customers and employees. The property is situated in close proximity to major highways and public transportation. It is surrounded by established businesses and residential neighborhoods. The property size is 5330 square feet.

    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 $147.1k $27.60
    − Vacancy −$11.5k −$2.15
    EGI $135.6k $25.45
    − OpEx −$40.7k −$7.63
    NOI $94.9k $17.81
    5,330 SF · lease $27.60/SF/yr · vacancy 7.80% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.36M
    $1.19M – $1.58M (±1% cap)
    NOI $94,944 @ 7.0% cap · market cap 5.43%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $3.58M
    $3.13M – $4.18M (±1% cap)
    NOI $250,723 @ 7.0% cap · market cap 14.33%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

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

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

    Similar Places Nearby

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    • Nomi Creations

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1402
    Latitude
    26.1444

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    FAQs

    What type of property is this?
    Storefront property - Prime Fort Lauderdale storefront with versatile layout and ample parking.
    Where is this storefront property located?
    The property is located at 1408 NE 4th Ave Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: Prime location in Fort Lauderdale, FL; Highly visible storefront with great signage opportunity; Ample parking for customers and employees
    (954) 771-1212 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Steve Davis
    Steve Davis
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