Federal Hwy Retail/Office
For Sale
$710,000
1200 S Federal Hwy, Fort Lauderdale, FL 33316
Freestanding retail/office building on Federal Hwy in Fort Lauderdale.
Property Size1,108 SF
Lot Size0.04 Acres
Price / SF$640.79
Days on Market171
Property Features for 1200 S Federal Hwy
General Information
Standard status
Active
Size
1,108 SF
Lot size
0.04 Acres
Building Details
Year Built
1964
Listing Agency:
Luxe Properties
(786) 670-2289
Listed By:
Paula Barbaran Zapata · License #3506383
Source:
Mymiahomes
Added: Mar 10
Changed: Aug 23
Last Checked: Aug 26 at 10:40AM
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 Luxe Properties
Investment Insights
Based on property information with market context.
This commercial property is a freestanding retail/office building with approximately 1,108 square feet of space, situated on a 1,833 square foot lot. The interior has been updated with fresh paint and new flooring. The layout is divided into three functional spaces, each with a private entrance. Mini-split A/C units are installed. The property includes one bathroom. On-site parking is available for 3-4 cars in front of the building. Located on Federal Hwy in Fort Lauderdale, the property benefits from a high-visibility corner location with heavy traffic. The B-1 zoning allows for a variety of business uses, making it suitable for retail, office, or professional services. This property is being sold AS-lS and presents an opportunity for investors or owner-users.
Key Highlights
- Prime location on busy Federal Hwy with high visibility and heavy traffic.
- Freestanding retail/office building with B‑1 zoning allowing a variety of business uses.
- Divided into 3 functional spaces, each with private entrance.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$31,831
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.48%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$636,620
$636.6K
Cap Rate 7%
$454,729
$454.7K
Cap Rate 9%
$353,678
$353.7K
Market Conditions
NOI Build-Up for 1,108 SF
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.
Gross rent
$50.5K $45.60/SF
− Vacancy
−$8.1K −$7.30/SF
EGI
$42.4K $38.30/SF
− OpEx
−$10.6K −$9.58/SF
NOI
$31.8K $28.73/SF
Area
Fort Lauderdale, FL
Vacancy
16.00%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$636,620
Cap Rate 7%
$454,729
Cap Rate 9%
$353,678
Alternative Uses
Best Use
Office B
$454.7K
$397.9K – $530.5K
NOI $31,831 @ 7.0% cap · market cap 4.48%
Second Best
Retail
$282.0K
$246.7K – $329.0K
NOI $19,737 @ 7.0% cap · market cap 2.78%
Theoretical Best
Office A
$744.6K
$651.5K – $868.7K
NOI $52,120 @ 7.0% cap · market cap 7.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,850
Businesses Nearby
Explore this area
Business Placement
Demographics for 33316, FL
12,669
Population
8,946
Households
1.4
Avg Household Size
50
Median Age
54%
College-Educated
95%
High-School Grad
4.1 sq mi
ZIP Area
3,090
Density / Sq Mi
$89,200
Median Household Income
$52,992
Median Earnings
$2,047
Median Rent
$793,500
Median Home Value
Market
Vacancy Rate% for Office in Fort Lauderdale, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Freestanding retail/office building on Federal Hwy in Fort Lauderdale.
Where is this retail space located?
The property is located at 1200 S Federal Hwy Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $710,000.
What are key features of this property?
This property features: Prime location on busy Federal Hwy with high visibility and heavy traffic.; Freestanding retail/office building with B‑1 zoning allowing a variety of business uses.; Divided into 3 functional spaces, each with private entrance.
