Freestanding Storefront
For Sale
$710,000
1200 S Federal Hwy, Fort Lauderdale, FL 33316
Commercial Sale, Fort Lauderdale, FL
Property Size1,108 SF
Lot Size0.04 Acres
Price / SF$640.79
Days on Market109
Property Features for 1200 S Federal Hwy
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
B-1
Parking features
On Street
Subdivision
3480
Standard status
Active
APN
504214030370
Lot size
0.04 Acres
Taxes and HOA fees
Tax Description
EVERGLADE LAND SALES CO FIRST ADD TO LAUDERDALE CORR PL 2-15 D LOT 1 LESS W 25 FOR ST RD BLK 2
Tax Annual Amount
9229
Legal Description
EVERGLADE LAND SALES CO FIRST ADD TO LAUDERDALE CORR PL 2-15 D LOT 1 LESS W 25 FOR ST RD BLK 2
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Amenities
fresh paint
new flooring
divided into 3 functional spaces
each with its own private entrance
mini-split A/C units
includes one bathroom
Building Details
Year built
1964
Floors in Building
1
Flooring type
Vinyl
Building materials
Block
Architectural style
Other
Listing Agency:
Luxe Properties
(305) 809-7650
Listed By:
Paula Barbaran Zapata · License #3506383
(786) 670-2289
Added: Jun 15
Changed: Sep 2
Last Checked: Oct 1 at 2:06PM
MLS# A11865042
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This freestanding storefront building contains approximately 1,108 square feet on a 1,833-square-foot lot. The interior is arranged into three functional areas, each with a private entrance, along with one bathroom. Recent interior work includes fresh paint and new vinyl flooring. Block construction dates to 1964, with public water and public sewer service.
The property occupies a corner position on S Federal Hwy in Fort Lauderdale. B-1 zoning allows a variety of business uses, while parking is available at the front of the property for approximately three to four cars. The sale is offered in its current AS-IS condition.
The property occupies a corner position on S Federal Hwy in Fort Lauderdale. B-1 zoning allows a variety of business uses, while parking is available at the front of the property for approximately three to four cars. The sale is offered in its current AS-IS condition.
Key Highlights
- Approximately 1,108 SF freestanding building on a 1,833 SF lot
- Three functional interior areas, each with a private entrance
- B‑1 zoning allows a variety of business uses
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
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4,850
Businesses Nearby
Balanced
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Fort Lauderdale, FL
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Frequently Asked Questions
What type of property is this?
Storefront property - B-1 zoning and multiple private entrances support flexible retail, office, and professional-service layouts.
Where is this storefront property 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: Approximately 1,108 SF freestanding building on a 1,833 SF lot; Three functional interior areas, each with a private entrance; B‑1 zoning allows a variety of business uses
