Two Flex Buildings with
For Sale
Contact for pricing
810 NE 4th Ave, Fort Lauderdale, FL 33304
Two separate flex buildings feature exposed wood beam ceilings, indoor space, and large outdoor patio areas with rear parking or storage.
Property Size5,147 SF
Price / SF$952.01
Days on Market1179
Property Features for 810 NE 4th Ave
General Information
Standard status
Active
Size
5,147 SF
Property subtype
INDUSTRIAL
Zoning
RAC-UV
Amenities
exposed wood beam ceilings
outdoor patio
backyard
covered patio
Listing Agency:
Native Realty
(954) 595-2999
Listed By:
Jaime Sturgis · License #3246270
Source:
Moodyscre
Added: May 12, 2023
Changed: Jul 27
Last Checked: Jul 27 at 9:44PM
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 Native Realty
Investment Insights
Based on property information with market context.
This offering includes two separate flex buildings: 804 NE 4th Avenue and 805 NE 5th Avenue. The spaces include indoor areas with exposed wood beam ceilings, along with large outdoor patio space and a sizable backyard with covered patio. Rear-of-property surface parking and storage add convenience for day-to-day operations.
The properties are described as being in the heart of the M.A.S.S. District, within walking distance to Flagler Creative, a mixed-use building with 316 apartments. The remarks also note the Searstown redevelopment nearby, described as 5.2 acres including nearly 1,500 apartments, a hotel, and approximately 10,000 sf of retail, office, and restaurants.
Per the property remarks, the area is supported by liberal RAC-UV zoning, which is stated to allow for numerous uses, including food and beverage sales and service, outdoor dining and sidewalk café, multifamily, retail, hotel, office, and more. The adjacent property at 810 NE 5th Avenue is also available for purchase, with the option to buy both together.
The properties are described as being in the heart of the M.A.S.S. District, within walking distance to Flagler Creative, a mixed-use building with 316 apartments. The remarks also note the Searstown redevelopment nearby, described as 5.2 acres including nearly 1,500 apartments, a hotel, and approximately 10,000 sf of retail, office, and restaurants.
Per the property remarks, the area is supported by liberal RAC-UV zoning, which is stated to allow for numerous uses, including food and beverage sales and service, outdoor dining and sidewalk café, multifamily, retail, hotel, office, and more. The adjacent property at 810 NE 5th Avenue is also available for purchase, with the option to buy both together.
Key Highlights
- Two separate flex buildings at 804 NE 4th Avenue and 805 NE 5th Avenue
- Indoor space features exposed wood beam ceilings, plus large outdoor patio space
- Liberal RAC‑UV zoning allows many uses including food and beverage sales/service, outdoor dining and sidewalk cafe, multifamily, retail, hotel, and office
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 | $234.7k | $45.60 |
| − Vacancy | −$37.6k | −$7.30 |
| EGI | $197.2k | $38.30 |
| − OpEx | −$49.3k | −$9.58 |
| NOI | $147.9k | $28.73 |
5,147 SF · lease $45.60/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.11M
$1.85M – $2.46M
NOI $147,863 @ 7.0% cap · market cap 3.02%
Second Best
Flex RnD
$1.13M
$992.7K – $1.32M
NOI $79,418 @ 7.0% cap · market cap 1.62%
Theoretical Best
Office A
$3.46M
$3.03M – $4.04M
NOI $242,115 @ 7.0% cap · market cap 4.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5,287
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33304, FL
19,978
Population
12,367
Households
1.6
Avg Household Size
46
Median Age
51%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
6,445
Density / Sq Mi
$84,951
Median Household Income
$55,527
Median Earnings
$1,727
Median Rent
$556,400
Median Home Value
Market
Properties on Market for Flex space in Broward County
Vacancy Rate% for Office in Fort Lauderdale, FL
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Frequently Asked Questions
What type of property is this?
Flex space - Two separate flex buildings feature exposed wood beam ceilings, indoor space, and large outdoor patio areas with rear parking or storage.
Where is this flex space located?
The property is located at 810 NE 4th Ave Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: Two separate flex buildings at 804 NE 4th Avenue and 805 NE 5th Avenue; Indoor space features exposed wood beam ceilings, plus large outdoor patio space; Liberal RAC‑UV zoning allows many uses including food and beverage sales/service, outdoor dining and sidewalk cafe, multifamily, retail, hotel, and office
