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Two-Story Office Building
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1322 SE 3rd Avenue, Fort Lauderdale, FL 33316

Built-out workspace offers private offices, conference facilities, a kitchen, baths, and immediate availability.

Property Size3,120 SF
Lot Size0.32 Acres
Price / SF$496.79
Days on Market62

Property Features for 1322 SE 3rd Avenue

General Information

Standard status Active
Size 3,120 SF
Total Parking Spaces 14
Lot size 0.32 Acres
Property subtype Office

Additional Details

Road Access Yes

Amenities

conference room
full kitchen
mature landscaping

Building Details

Buildings 1
Stories 2
Building Size 3,120 SF
Listing Agency: Compass Commercial
Listed By: Richard DeGirolamo · License #FL
Source: Crexi
Added: Aug 12 Changed: Oct 5 Last Checked: Oct 11 at 5:05AM

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 Compass Commercial

Investment Insights

Based on property information with market context.

This two-story office building contains approximately 3,120 SF on an approximately 14,000 SF corner parcel. The interior includes nine private offices, a conference room, reception area, full kitchen, and two baths. The building is built out, in move-in condition, and available immediately.

The property fronts SE 3rd Avenue in Fort Lauderdale’s 33316, just south of the New River. Fourteen dedicated parking spaces extend along two sides of the lot. Exterior features include a barrel-tile roof and mature landscaping, adding established character to the office setting.

Key Highlights

  • ±3,120 SF two‑story office building
  • ±14,000 SF corner parcel
  • Nine private offices, conference room, reception, full kitchen, and two baths

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$89,631
Cap Rate
5.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,792,620 $1.8M
Cap Rate 7%
$1,280,443 $1.3M
Cap Rate 9%
$995,900 $995.9K
Market Conditions
NOI Build-Up for 3,120 SF
Gross rent
$142.3K $45.60/SF
− Vacancy
−$22.8K −$7.30/SF
EGI
$119.5K $38.30/SF
− OpEx
−$29.9K −$9.58/SF
NOI
$89.6K $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%
$1,792,620
Cap Rate 7%
$1,280,443
Cap Rate 9%
$995,900

Alternative Uses

Best Use
Office B
$1.28M
$1.12M – $1.49M (±1% cap)
NOI $89,631 @ 7.0% cap · market cap 5.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.10M
$1.83M – $2.45M (±1% cap)
NOI $146,765 @ 7.0% cap · market cap 9.47%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Resort Accounting Accounting Firm

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store Mobile Phone Store Buffet Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

4,346
Businesses Nearby

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

11.8% 2019
14.7% 2020
17% 2021
17.5% 2022
17.6% 2023
15.2% 2024
15.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Built-out workspace offers private offices, conference facilities, a kitchen, baths, and immediate availability.
Where is this office building located?
The property is located at 1322 SE 3rd Avenue Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: ±3,120 SF two‑story office building; ±14,000 SF corner parcel; Nine private offices, conference room, reception, full kitchen, and two baths
More about this property
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