Flex Space with Adjoining Vacant
New
For Sale
$1,599,000
1404 NE 4th Ave, Fort Lauderdale, FL 33304
Concrete construction, rear rolling doors, and rooftop signage support a range of commercial configurations.
Property Size5,330 SF
Lot Size0.29 Acres
Price / SF$300
Days on Market3
Property Features for 1404 NE 4th Ave
General Information
Standard status
Active
Size
5,330 SF
Lot size
0.29 Acres
Property subtype
Commercial
Property Condition
Severity
Repairs Needed
Evidence
needs TLC
Site & Location
Neighborhood
Cpca
Road Frontage
100 ft
Road Access
Yes
Additional Details
Asking Price
$1,599,000
Drive-In Doors
2
Land Use
retail, showroom, warehouse
Property Use
Commercial
Taxes and HOA fees
Annual Taxes
$29,131
Building Details
Buildings
1
Building Size
5,330 SF
Construction
concrete
Listing Agency:
Premier Investments Realty
Listed By:
Ran Amiel · License #3662994
(646) 245-2325
Source:
Relinkre
Added: Nov 3
Changed: Nov 4
Last Checked: Nov 4 at 1:12PM
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 Premier Investments Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The offering combines a vacant lot with an adjoining commercial building in Fort Lauderdale. The building measures approximately 5,330 square feet and has concrete construction, a concrete roof, two large rolling doors at the rear, and rooftop signage. It needs renovation, while the adjacent land provides additional site area for future planning, subject to applicable approvals.
The combined site covers approximately 12,500 square feet, with about 100 feet of frontage along NE 4th Avenue. The vacant parcel measures 50 by 125 feet, or approximately 6,250 square feet. The property is located at 1404 NE 4th Ave. Walk Score is 92, Bike Score is 61, and Transit Score is 59.
The combined site covers approximately 12,500 square feet, with about 100 feet of frontage along NE 4th Avenue. The vacant parcel measures 50 by 125 feet, or approximately 6,250 square feet. The property is located at 1404 NE 4th Ave. Walk Score is 92, Bike Score is 61, and Transit Score is 59.
Key Highlights
- Approximately 5,330‑square‑foot commercial building with concrete construction and roof
- Two large rolling doors at the rear of the building
- Rooftop signage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$82,242
Cap Rate
5.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,644,840
$1.6M
Cap Rate 7%
$1,174,886
$1.2M
Cap Rate 9%
$913,800
$913.8K
Market Conditions
NOI Build-Up for 5,330 SF
Gross rent
$134.3K $25.20/SF
− Vacancy
−$7.8K −$1.46/SF
EGI
$126.5K $23.74/SF
− OpEx
−$44.3K −$8.31/SF
NOI
$82.2K $15.43/SF
Area
Fort Lauderdale, FL
Vacancy
5.80%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,644,840
Cap Rate 7%
$1,174,886
Cap Rate 9%
$913,800
Alternative Uses
Best Use
Flex RnD
$1.17M
$1.03M – $1.37M
NOI $82,242 @ 7.0% cap · market cap 5.14%
Second Best
Industrial
$1.10M
$962.0K – $1.28M
NOI $76,963 @ 7.0% cap · market cap 4.81%
Theoretical Best
Office A
$3.58M
$3.13M – $4.18M
NOI $250,723 @ 7.0% cap · market cap 15.68%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
2
Drive-in doors
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,584
Businesses Nearby
Under-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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
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- Broward Filipino Street Food — 1415 SE 4th Ave, Fort Lauderdale, FL 33316
- Hibachi Miami — 111 Davie Blvd, Fort Lauderdale, FL 33315
- Air Gourmet — 700 S Andrews Ave, Fort Lauderdale, FL 33316
Frequently Asked Questions
What type of property is this?
Flex space - Concrete construction, rear rolling doors, and rooftop signage support a range of commercial configurations.
Where is this flex space located?
The property is located at 1404 NE 4th Ave Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Approximately 5,330‑square‑foot commercial building with concrete construction and roof; Two large rolling doors at the rear of the building; Rooftop signage
