Boutique Office Building Prime
For Sale
Contact for pricing
Pending
150 SE 12th St 101-1, Fort Lauderdale, FL 33316
Centrally located office space near Downtown Fort Lauderdale.
Property Size10,373 SF
Lot Size0.31 Acres
Days on Market223
Property Features for 150 SE 12th St 101-1
General Information
Standard status
Pending
Size
10,373 SF
Lot size
0.31 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$37,052
Building Details
Building Size
10,373 SF
Year Built
1975
Listing Agency:
The Real Estate Lab
Listed By:
Shlomo Poston · License #3401366
(786) 786-7684
Source:
Elliman
Added: Mar 11
Changed: Aug 8
Last Checked: Aug 8 at 6:22AM
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 The Real Estate Lab
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Investment Insights
Based on property information with market context.
This centrally located office space is situated near Downtown Fort Lauderdale, Port Everglades, Fort Lauderdale Hollywood International Airport, the Convention Center, beaches, City Hall, and the Clerk of Courts. The property is ideal for professionals. It features a private office with floor-to-ceiling windows. Common areas include a conference room, waiting lobby, bathrooms, and hallways. The office space encompasses 299 square feet.
Key Highlights
- Prime Location: Centrally located near Downtown Fort Lauderdale, Port Everglades, and Fort Lauderdale Hollywood International Airport.
- Ideal for Professionals: Boutique office building suited for professional use.
- Includes a private office space with floor‑to‑ceiling windows.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,590
Suggested Prices Based on Cap Rates
Cap Rate 5%
$171,800
$171.8K
Cap Rate 7%
$122,714
$122.7K
Cap Rate 9%
$95,444
$95.4K
Market Conditions
NOI Build-Up for 299 SF
Gross rent
$13.6K $45.60/SF
− Vacancy
−$2.2K −$7.30/SF
EGI
$11.5K $38.30/SF
− OpEx
−$2.9K −$9.58/SF
NOI
$8.6K $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%
$171,800
Cap Rate 7%
$122,714
Cap Rate 9%
$95,444
Alternative Uses
Best Use
Office B
$122.7K
$107.4K – $143.2K
NOI $8,590 @ 7.0% cap · market cap 1,153.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$200.9K
$175.8K – $234.4K
NOI $14,065 @ 7.0% cap · market cap 1,887.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,362
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in Fort Lauderdale, FL
Frequently Asked Questions
What type of property is this?
Office unit - Centrally located office space near Downtown Fort Lauderdale.
Where is this office unit located?
The property is located at 150 SE 12th St 101-1 Fort Lauderdale, FL.
What are key features of this property?
This property features: Prime Location: Centrally located near Downtown Fort Lauderdale, Port Everglades, and Fort Lauderdale Hollywood International Airport.; Ideal for Professionals: Boutique office building suited for professional use.; Includes a private office space with **floor‑to‑ceiling windows**.
