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Freestanding Storefront with Patio
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For Sale
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1512 NE 4th Avenue, Fort Lauderdale, FL 33304

A separate commercial building offers glass entry doors, outdoor patio space, and dedicated on-site parking.

Property Size2,256 SF
Price / SF$0.01
Days on Market4

Property Features for 1512 NE 4th Avenue

General Information

Standard status Active
Size 2,256 SF
Total Parking Spaces 10
Property subtype Mixed Use

Site & Location

Neighborhood Smlr

Building Details

Year Built 1981
Buildings 1
Listing Agency: Home Wiz USA
Listed By: Victor M Alvarez · License #3131153
Source: Lehmannflorida
Added: Nov 2 Changed: Nov 4 Last Checked: Nov 4 at 3:04PM

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 Home Wiz USA

Rey
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Investment Insights

Based on property information with market context.

This freestanding storefront in Fort Lauderdale was built in 1981 and contains 2,256 square feet under air. The front entrance has double glass doors, and the property includes a 700-square-foot patio and 10 private parking spaces.

Located on NE 4th Avenue in East Fort Lauderdale, the building sits a few blocks from Wilton Manors, next to a bar and among a mix of businesses. Availability is scheduled for November 4, 2026.

Key Highlights

  • Freestanding 2,256‑square‑foot storefront
  • 700‑square‑foot patio
  • 10 private parking spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$40,186
Suggested Prices Based on Cap Rates
Cap Rate 5%
$803,720 $803.7K
Cap Rate 7%
$574,086 $574.1K
Cap Rate 9%
$446,511 $446.5K
Market Conditions
NOI Build-Up for 2,256 SF
Gross rent
$62.3K $27.60/SF
− Vacancy
−$4.9K −$2.15/SF
EGI
$57.4K $25.45/SF
− OpEx
−$17.2K −$7.63/SF
NOI
$40.2K $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%
$803,720
Cap Rate 7%
$574,086
Cap Rate 9%
$446,511

Alternative Uses

Best Use
Retail
$574.1K
$502.3K – $669.8K (±1% cap)
NOI $40,186 @ 7.0% cap · market cap 160,744.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.52M
$1.33M – $1.77M (±1% cap)
NOI $106,122 @ 7.0% cap · market cap 424,488.00%
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

Minimal Leather Auto Repair Shop Lola´s Venezuelan Fast ... Restaurant

Suggested Use

Top Pick Dental Office Butcher Tanning Salon Florist (Bike/Boat/Book/etc) Store Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,534
Businesses Nearby
30k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 82% Dining 18%
7-Eleven Shops & Services
12,635 visits/mo 0.1 miles
Sunoco Shops & Services
7,658 visits/mo 0.2 miles
Dairy Queen Dining
5,611 visits/mo 0.5 miles
Exxon Shops & Services
4,540 visits/mo 0.3 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

Vacancy Rate% for Retail in Fort Lauderdale, FL

5.1% 2019
6.8% 2020
5.3% 2021
3.9% 2022
3.8% 2023
4.9% 2024
4.8% 2025

Similar Off Market Nearby

  • Delicas Floral — Fort Lauderdale, FL 33304
  • Nomi Creations

Frequently Asked Questions

What type of property is this?
Storefront property - A separate commercial building offers glass entry doors, outdoor patio space, and dedicated on-site parking.
Where is this storefront property located?
The property is located at 1512 NE 4th Avenue Fort Lauderdale, FL.
What are key features of this property?
This property features: Freestanding 2,256‑square‑foot storefront; 700‑square‑foot patio; 10 private parking spaces
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Includes: Price & PSF · Cap rate · Location · Zoning

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