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    18 NW 1St Ave Fort Lauderdale, FL 33311

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    For Sale
    $2,900,000

    Multi-tenant retail building in downtown Fort Lauderdale with high foot traffic.

    Property size:
    6,380 SF
    Lot size:
    0.17 Acres

    Property Features for 18 NW 1St Ave

    General Information

    Size
    6,380 SF
    Lot size
    0.17 Acres

    Source: Berger Commercial Realty Corp - Fort Lauderdale Agent Lawrence Oxenberg

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

    Overview

    Downtown Fort Lauderdale Retail Building

    Located in downtown Fort Lauderdale, this multi-tenant retail building is near major business hubs, entertainment districts, and transportation arteries. The property benefits from high foot traffic, providing exposure for tenant businesses. Situated in the heart of Fort Lauderdale's urban expansion and renovation, this property offers an opportunity to capitalize on the city's growth. The property is poised to experience appreciation, potentially suitable for short term occupancy, long-term investment, or redevelopment. This property presents an excellent owner/user investment opportunity, allowing one to capitalize on vacancies to underwrite property purchase and operating costs. There is also a unique possibility to become part of the area redevelopment plans. The property size is 6,380 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    One Stop Food ... Convenience Store Hanoun Inc Grocery Store 24 Hr Auto Wrecker

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1443143
    Latitude
    26.1230405

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    FAQs

    What type of property is this?
    Retail space - Multi-tenant retail building in downtown Fort Lauderdale with high foot traffic.
    Where is this retail space located?
    The property is located at 18 NW 1St Ave Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: - Prime downtown Fort Lauderdale location with high foot traffic.; - Excellent owner/user investment opportunity.; - Positioned to capitalize on Fort Lauderdale's urban expansion and renovation.
    (954) 358-0900
    Request Owner's contact information
    18 NW 1St Ave Fort Lauderdale, FL 33311
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    Fort Lauderdale, FL 33311
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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
    18 NW 1St Ave Fort Lauderdale, FL 33311
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