Renovated Freestanding Office
For Sale
Contact for pricing
1318 SE 2nd Avenue, Fort Lauderdale, FL 33316
Private offices, conference space, a full kitchen, and an outdoor deck support a polished professional setting.
Property Size2,200 SF
Price / SF$3.02
Days on Market87
Property Features for 1318 SE 2nd Avenue
General Information
Standard status
Active
Size
2,200 SF
Total Parking Spaces
10
Property subtype
Office
Site & Location
Neighborhood
Ppca
Public Transit
Yes
Amenities
private offices
conference room
reception area
full kitchen
outdoor deck
Building Details
Year Built
1966
Buildings
1
Building Size
2,200 SF
Construction
Mediterranean
Listing Agency:
Elite International Realty Inc
(305) 940-6611
Listed By:
Fernando Muharram · License #3239182
(305) 904-0919
Source:
Lehmannflorida
Added: Aug 7
Changed: Oct 31
Last Checked: Oct 30 at 4:29PM
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 Elite International Realty Inc
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Investment Insights
Based on property information with market context.
This freestanding office property offers approximately 2,200 square feet within a renovated building that combines Mediterranean architectural elements with contemporary functionality. The interior includes wood flooring, plentiful natural light, private offices, a conference room, reception area, and full kitchen. An outdoor deck adds another usable amenity, while 10 on-site parking spaces serve the property.
The building is located at 1318 SE 2nd Ave in Fort Lauderdale’s Croissant Park neighborhood. Downtown Fort Lauderdale, Las Olas, Broward Health, the Courthouse, and Fort Lauderdale-Hollywood International Airport are each described as minutes away. Walk Score is 58, Bike Score is 67, and Transit Score is 47.
The building is located at 1318 SE 2nd Ave in Fort Lauderdale’s Croissant Park neighborhood. Downtown Fort Lauderdale, Las Olas, Broward Health, the Courthouse, and Fort Lauderdale-Hollywood International Airport are each described as minutes away. Walk Score is 58, Bike Score is 67, and Transit Score is 47.
Key Highlights
- Approximately 2,200 square feet in a renovated freestanding office building
- Mediterranean architectural character paired with updated functionality
- Private offices, conference room, reception area, and full kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,771
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,255,420
$1.3M
Cap Rate 7%
$896,729
$896.7K
Cap Rate 9%
$697,456
$697.5K
Market Conditions
NOI Build-Up for 2,185 SF
Gross rent
$99.6K $45.60/SF
− Vacancy
−$15.9K −$7.30/SF
EGI
$83.7K $38.30/SF
− OpEx
−$20.9K −$9.58/SF
NOI
$62.8K $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 Rate 5%
$1,255,420
Cap Rate 7%
$896,729
Cap Rate 9%
$697,456
Alternative Uses
Best Use
Office B
$896.7K
$784.6K – $1.05M
NOI $62,771 @ 7.0% cap · market cap 951.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.47M
$1.28M – $1.71M
NOI $102,782 @ 7.0% cap · market cap 1,557.30%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
3,949
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in Fort Lauderdale, FL
Frequently Asked Questions
What type of property is this?
Office building - Private offices, conference space, a full kitchen, and an outdoor deck support a polished professional setting.
Where is this office building located?
The property is located at 1318 SE 2nd Avenue Fort Lauderdale, FL.
What are key features of this property?
This property features: Approximately 2,200 square feet in a renovated freestanding office building; Mediterranean architectural character paired with updated functionality; Private offices, conference room, reception area, and full kitchen
