Professional Office Space For
For Sale
Contact for pricing
Pending
150 SE 12th St 201-3, Fort Lauderdale, FL 33316
Office space in central Fort Lauderdale, ideal for small businesses.
Property Size10,373 SF
Lot Size0.31 Acres
Days on Market224
Property Features for 150 SE 12th St 201-3
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 10
Changed: Aug 8
Last Checked: Aug 8 at 4:49AM
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.
Professional office space is available at 150 Davie Blvd #201/3, Fort Lauderdale, FL 33316. This space is ideally suited for small businesses or startups seeking a central Fort Lauderdale location. The property benefits from convenient access to major highways, downtown, and public transportation. The layout is functional and suitable for various office needs, with ample natural light.
Key Highlights
- Central Fort Lauderdale location
- Convenient access to major highways, downtown, and public transportation
- Functional layout suitable for various office needs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$297,996
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,959,920
$6.0M
Cap Rate 7%
$4,257,086
$4.3M
Cap Rate 9%
$3,311,067
$3.3M
Market Conditions
NOI Build-Up for 10,373 SF
Gross rent
$473.0K $45.60/SF
− Vacancy
−$75.7K −$7.30/SF
EGI
$397.3K $38.30/SF
− OpEx
−$99.3K −$9.58/SF
NOI
$298.0K $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%
$5,959,920
Cap Rate 7%
$4,257,086
Cap Rate 9%
$3,311,067
Alternative Uses
Best Use
Office B
$4.26M
$3.72M – $4.97M
NOI $297,996 @ 7.0% cap · market cap 40,269.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.97M
$6.10M – $8.13M
NOI $487,946 @ 7.0% cap · market cap 65,938.65%
Zoning and permitted uses should be independently verified with authorities.
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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 - Office space in central Fort Lauderdale, ideal for small businesses.
Where is this office unit located?
The property is located at 150 SE 12th St 201-3 Fort Lauderdale, FL.
What are key features of this property?
This property features: Central Fort Lauderdale location; Convenient access to major highways, downtown, and public transportation; Functional layout suitable for various office needs
