First-Floor Renovated Office
3015 N Ocean Blvd Unit C116 Fort Lauderdale, FL 33308
For Sale
$380,000
First-floor office suite with four renovated offices, hurricane impact windows/doors, and covered parking.
Property Size1,000 SF
Price / SF$380
Days on Market468
Property Features for 3015 N Ocean Blvd Unit C116
General Information
- Standard status
- Active
- Size
- 1,000 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1974
Listing Agency:
Bradley & Associates Realty, I
(754) 264-2436
Listed By:
Curtis Bradley · License #654514
(754) 264-2436
Source:
Xome
Added: Apr 14, 2025
Changed: Jul 23
Last Checked: Jul 25 at 3:12AM
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 Bradley & Associates Realty, I
Investment Insights
Based on property information with market context.
This first-floor office suite is located within a mixed-use commercial and residential building and features four completely renovated offices. The space is equipped with hurricane impact doors and windows, and cable and internet are included in the HOA. Two covered parking spaces are available for the suite, along with abundant guest parking.
The building is an 18-story, 199-unit property, positioned along a beachside boulevard and steps away from the Atlantic Ocean, offering a convenient setting for day-to-day business use.
The building is an 18-story, 199-unit property, positioned along a beachside boulevard and steps away from the Atlantic Ocean, offering a convenient setting for day-to-day business use.
Key Highlights
- 1,000 sq ft first‑floor office suite in a mixed‑use commercial and residential building
- Office includes four completely renovated offices
- Hurricane impact doors and windows throughout the office suite
Financial Insights For Office B
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 | $45.6k | $45.60 |
| − Vacancy | −$7.3k | −$7.30 |
| EGI | $38.3k | $38.30 |
| − OpEx | −$9.6k | −$9.58 |
| NOI | $28.7k | $28.73 |
1,000 SF · lease $45.60/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$410.4K
$359.1K – $478.8K
NOI $28,728 @ 7.0% cap · market cap 7.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$672.0K
$588.0K – $784.0K
NOI $47,040 @ 7.0% cap · market cap 12.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
William J Mcpharlin ...
Law Firm
Larry Ebbs Photography ...
Photography Service
Resort Associates-Palm Beach
Hotel & Motel
You Salon and Wellness ...
Hair Salon
Berkley South
Corporate Office
FAQs
What type of property is this?
Office units - First-floor office suite with four renovated offices, hurricane impact windows/doors, and covered parking.
Where is this office units located?
The property is located at 3015 N Ocean Blvd Unit C116 Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: 1,000 sq ft first‑floor office suite in a mixed‑use commercial and residential building; Office includes four completely renovated offices; Hurricane impact doors and windows throughout the office suite
