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Reconfigurable Mixed-Use Property
For Sale
$1,040,000

3015 North Ocean Boulevard Unit C1C8, Fort Lauderdale, FL 33308

Approved subdivision supports flexible unit configurations for mixed-use occupancy and warehouse operations.

Property Size5,200 SF
Price / SF$200
Days on Market506

Property Features for 3015 North Ocean Boulevard Unit C1C8

General Information

Standard status Active
Size 5,200 SF
Property subtype Commercial Sale / Mixed Use

Amenities

8
12
Mixed Use, Warehouse
No
Security Guard

Building Details

Year Built 1974
Listing Agency: American Dream Realty Service
Listed By: Jonathan B Geftman · License #3625835
Source: Compass
Added: May 19, 2025 Changed: Oct 6 Last Checked: Oct 5 at 8:26PM

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 American Dream Realty Service

Investment Insights

Based on property information with market context.

This 5,200-square-foot mixed-use property offers a flexible configuration for future subdivision. The approved plan allows the space to be delivered as a single unit, divided into two units, or legally separated into eight units, with the seller retaining the right to reconfigure the layout.

Built in 1974, the property includes mixed-use and warehouse characteristics. Security guard service is also identified among the property features. The range of supported configurations allows the physical layout to be matched to the final ownership or occupancy structure.

Key Highlights

  • 5,200 square feet of mixed‑use property
  • Subdivision approval supports multiple configurations
  • Can be delivered as one, two, or eight units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$79,794
Cap Rate
7.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,595,880 $1.6M
Cap Rate 7%
$1,139,914 $1.1M
Cap Rate 9%
$886,600 $886.6K
Market Conditions
NOI Build-Up for 5,200 SF
Gross rent
$137.3K $26.40/SF
− Vacancy
−$9.6K −$1.85/SF
EGI
$127.7K $24.55/SF
− OpEx
−$47.9K −$9.21/SF
NOI
$79.8K $15.34/SF
Area
Fort Lauderdale, FL
Vacancy
7.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,595,880
Cap Rate 7%
$1,139,914
Cap Rate 9%
$886,600

Alternative Uses

Best Use
Mixed Use
$1.14M
$997.4K – $1.33M (±1% cap)
NOI $79,794 @ 7.0% cap · market cap 7.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.49M
$3.06M – $4.08M (±1% cap)
NOI $244,608 @ 7.0% cap · market cap 23.52%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

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

Suggested Use

Top Pick Daycare Center Food Market Bakery Electrical Service Auto Parts Store Locksmith

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

Location Intelligence

Trade Area within ½ mile

2,381
Businesses Nearby

Demographics for 33308, FL

29,519
Population
23,230
Households
1.3
Avg Household Size
57
Median Age
56%
College-Educated
96%
High-School Grad
4.6 sq mi
ZIP Area
6,417
Density / Sq Mi
$83,413
Median Household Income
$58,600
Median Earnings
$1,850
Median Rent
$536,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Approved subdivision supports flexible unit configurations for mixed-use occupancy and warehouse operations.
Where is this mixed-use property located?
The property is located at 3015 North Ocean Boulevard Unit C1C8 Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,040,000.
What are key features of this property?
This property features: 5,200 square feet of mixed‑use property; Subdivision approval supports multiple configurations; Can be delivered as one, two, or eight units
More about this property
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