Retail Building with Side
1408 NE 4th Ave, Fort Lauderdale, FL 33304
For Sale
$1,599,000
Commercial Sale, Fort Lauderdale, FL
Property Size5,330 SF
Lot Size0.29 Acres
Price / SF$300
Days on Market8
Property Features for 1408 NE 4th Ave
General Information
Property type
Property subtype
Zoning description
Lot features
Subdivision
Standard status
APN
Lot size
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Building Details
Year built
Architectural style
Buildings
Listing Agency:
Premier Investments Realty
(305) 999-1109
Listed By:
Ran Amiel · License FL #3662994
(646) 245-2325
Added: Nov 3
Changed: Nov 4
Last Checked: Nov 10 at 12:06AM
MLS# A12117280
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 5,330-square-foot retail building sits on a 12,500-square-foot lot and has concrete construction with a concrete roof. Two large rolling doors are positioned at the rear. The building needs renovation, offering room to update the existing space. CB commercial zoning is associated with potential retail, showroom, warehouse, and storage uses, subject to permitted-use requirements and verification.
The property has approximately 100 feet of frontage on NE 4th Avenue in Fort Lauderdale. A side yard measuring approximately 50 by 125 feet adjoins the building; potential uses for that area, including parking, require zoning and other applicable approvals. The property was built in 1961.
The property has approximately 100 feet of frontage on NE 4th Avenue in Fort Lauderdale. A side yard measuring approximately 50 by 125 feet adjoins the building; potential uses for that area, including parking, require zoning and other applicable approvals. The property was built in 1961.
Key Highlights
- 5,330‑square‑foot retail building on a 12,500‑square‑foot lot
- Approximately 100 feet of frontage on NE 4th Avenue
- Concrete construction and concrete roof; building needs renovation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$94,944
Cap Rate
5.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,898,880
$1.9M
Cap Rate 7%
$1,356,343
$1.4M
Cap Rate 9%
$1,054,933
$1.1M
Market Conditions
NOI Build-Up for 5,330 SF
Gross rent
$147.1K $27.60/SF
− Vacancy
−$11.5K −$2.15/SF
EGI
$135.6K $25.45/SF
− OpEx
−$40.7K −$7.63/SF
NOI
$94.9K $17.81/SF
Area
Fort Lauderdale, FL
Vacancy
7.80%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,898,880
Cap Rate 7%
$1,356,343
Cap Rate 9%
$1,054,933
Alternative Uses
Best Use
Retail
$1.36M
$1.19M – $1.58M
NOI $94,944 @ 7.0% cap · market cap 5.94%
Second Best
—
—
no second resolved use
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
Location Intelligence
Trade Area within ½ mile
1,920
Businesses Nearby
118k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 51%
Shops & Services 42%
Dining 7%
The Home Depot
Home Improvements & Furnishings
57,435 visits/mo
0.4 miles
Cumberland Farms
Shops & Services
16,794 visits/mo
0.5 miles
7-Eleven
Shops & Services
12,635 visits/mo
0.3 miles
Checkers
Dining
7,752 visits/mo
0.5 miles
Sunoco
Shops & Services
7,658 visits/mo
0.2 miles
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
$556,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Retail space in Fort Lauderdale, FL
Properties on Market for Retail space in Fort Lauderdale
Vacancy Rate% for Retail in Fort Lauderdale, FL
Frequently Asked Questions
What type of property is this?
Retail space - Two rear rolling doors and a side yard provide practical flexibility, with any use subject to applicable approvals.
Where is this retail space located?
The property is located at 1408 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: 5,330‑square‑foot retail building on a 12,500‑square‑foot lot; Approximately 100 feet of frontage on NE 4th Avenue; Concrete construction and concrete roof; building needs renovation
