Corner Office Building with
1500 E Broward Blvd Fort Lauderdale, FL 33301
For Sale
Contact for pricing
Corner office building with prominent street frontage and high-visibility signage, fully leased to four tenants.
Property Size4,842 SF
Price / SF$764.15
Days on Market331
Property Features for 1500 E Broward Blvd
General Information
Standard status
Active
Size
4,842 SF
Property subtype
OFFICE
Listing Agency:
Berger Commercial Realty Corp - Fort Lauderdale
(954) 494-3091
Listed By:
Steve Hyatt · License ##BK411032
(954) 494-3091
Source:
Moodyscre
Added: Sep 3, 2025
Changed: Jul 28
Last Checked: Jul 29 at 3:16PM
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 Berger Commercial Realty Corp - Fort Lauderdale
Investment Insights
Based on property information with market context.
This corner office building at 1500 E Broward Blvd presents prominent street frontage and high-visibility signage at a major intersection. The property is fully leased to four tenants, providing current income while still offering flexibility for a future change in use.
Positioned as a gateway to Las Olas Boulevard, the site benefits from its location and street presence along East Broward Boulevard. The configuration supports continued office use and also offers the opportunity to redevelop as residential or offices, depending on the buyer’s long-term plans.
With frontage, corner exposure, and multiple tenant occupancy already in place, the building can appeal to an owner-user seeking both operating cash flow and the option to pursue a redevelopment strategy down the road.
Positioned as a gateway to Las Olas Boulevard, the site benefits from its location and street presence along East Broward Boulevard. The configuration supports continued office use and also offers the opportunity to redevelop as residential or offices, depending on the buyer’s long-term plans.
With frontage, corner exposure, and multiple tenant occupancy already in place, the building can appeal to an owner-user seeking both operating cash flow and the option to pursue a redevelopment strategy down the road.
Key Highlights
- Corner office building with prominent street frontage on East Broward Boulevard
- Fully leased to 4 tenants
- High‑visibility signage at a major intersection
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $220.8k | $45.60 |
| − Vacancy | −$35.3k | −$7.30 |
| EGI | $185.5k | $38.30 |
| − OpEx | −$46.4k | −$9.58 |
| NOI | $139.1k | $28.73 |
4,842 SF · lease $45.60/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.99M
$1.74M – $2.32M
NOI $139,101 @ 7.0% cap · market cap 3.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.25M
$2.85M – $3.80M
NOI $227,768 @ 7.0% cap · market cap 6.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Corner office building with prominent street frontage and high-visibility signage, fully leased to four tenants.
Where is this office building located?
The property is located at 1500 E Broward Blvd Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: Corner office building with prominent street frontage on East Broward Boulevard; Fully leased to 4 tenants; High‑visibility signage at a major intersection
