Freestanding Retail-Office
For Sale
Contact for pricing
1416 NE 4th Avenue, Fort Lauderdale, FL 33304
Freestanding retail and office setup with a private outdoor area and on-site parking for customer and employee convenience.
Property Size1,387 SF
Price / SF$0.03
Days on Market135
Property Features for 1416 NE 4th Avenue
General Information
Standard status
Active
Size
1,387 SF
Property subtype
Retail
Site & Location
Neighborhood
Smlr
Building Details
Year Built
1952
Listing Agency:
Native Realty Co.
Listed By:
Jaime Sturgis · License #3246270
(954) 595-2999
Source:
Lehmannflorida
Added: Jun 16
Changed: Oct 27
Last Checked: Oct 28 at 8:29AM
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 Native Realty Co.
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Investment Insights
Based on property information with market context.
This freestanding retail/office property is designed to support both storefront and business operations. The building includes a private outdoor area that can be used for customer engagement, events, or other flexible business needs. On-site parking is provided for customers and employees, helping streamline day-to-day access.
The property is located on N.E. 4th Avenue in Fort Lauderdale’s Studio City neighborhood, positioned between Flagler Village and Wilton Manors. Its placement along a busy commercial corridor supports strong visibility and signage opportunities, and it benefits from consistent traffic exposure.
For tenants, owners, or buyers looking for a single-site footprint that can accommodate retail-facing use and office operations, this asset offers a practical combination of indoor space and an outdoor area, along with on-site parking. The location also places the property among a mix of retailers, restaurants, and lifestyle businesses within an actively redeveloping commercial environment.
The property is located on N.E. 4th Avenue in Fort Lauderdale’s Studio City neighborhood, positioned between Flagler Village and Wilton Manors. Its placement along a busy commercial corridor supports strong visibility and signage opportunities, and it benefits from consistent traffic exposure.
For tenants, owners, or buyers looking for a single-site footprint that can accommodate retail-facing use and office operations, this asset offers a practical combination of indoor space and an outdoor area, along with on-site parking. The location also places the property among a mix of retailers, restaurants, and lifestyle businesses within an actively redeveloping commercial environment.
Key Highlights
- Freestanding retail/office property built in 1952 in Fort Lauderdale’s Studio City neighborhood
- Located on N.E. 4th Avenue between Flagler Village and Wilton Manors
- Private outdoor area for customer engagement, events, or flexible business use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,707
Suggested Prices Based on Cap Rates
Cap Rate 5%
$494,140
$494.1K
Cap Rate 7%
$352,957
$353.0K
Cap Rate 9%
$274,522
$274.5K
Market Conditions
NOI Build-Up for 1,387 SF
Gross rent
$38.3K $27.60/SF
− Vacancy
−$3.0K −$2.15/SF
EGI
$35.3K $25.45/SF
− OpEx
−$10.6K −$7.63/SF
NOI
$24.7K $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%
$494,140
Cap Rate 7%
$352,957
Cap Rate 9%
$274,522
Alternative Uses
Best Use
Office B
$569.2K
$498.1K – $664.1K
NOI $39,846 @ 7.0% cap · market cap 99,615.00%
Second Best
Retail
$353.0K
$308.8K – $411.8K
NOI $24,707 @ 7.0% cap · market cap 61,767.50%
Theoretical Best
Office A
$932.1K
$815.6K – $1.09M
NOI $65,244 @ 7.0% cap · market cap 163,110.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,784
Businesses Nearby
Under-served
Demand for This Use
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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
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Market
Vacancy Rate% for Office in Fort Lauderdale, FL
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Frequently Asked Questions
What type of property is this?
Storefront property - Freestanding retail and office setup with a private outdoor area and on-site parking for customer and employee convenience.
Where is this storefront property located?
The property is located at 1416 NE 4th Avenue Fort Lauderdale, FL.
What are key features of this property?
This property features: Freestanding retail/office property built in 1952 in Fort Lauderdale’s Studio City neighborhood; Located on N.E. 4th Avenue between Flagler Village and Wilton Manors; Private outdoor area for customer engagement, events, or flexible business use
