Office Building Near Convention
For Sale
Contact for pricing
1799 SE 17th St, Fort Lauderdale, FL 33316
B-2-zoned commercial property on SE 17th Street with potential for office, retail, and restaurant-oriented uses.
Property Size76,146 SF
Price / SF$380.85
Days on Market221
Property Features for 1799 SE 17th St
General Information
Standard status
Active
Size
76,146 SF
Property subtype
Office
Zoning
B-2, Fort Lauderdale
Additional Details
Road Access
Yes
Building Details
Year Built
1968
Year Renovated
2022
Buildings
2
Stories
3
Listing Agency:
Florida Equities
Listed By:
Brian Smith
(216) 525-1476
Source:
Crexi
Added: Mar 12
Changed: Oct 10
Last Checked: Oct 16 at 7:34AM
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 Florida Equities
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Investment Insights
Based on property information with market context.
This 76,146-square-foot office property at 1799 SE 17th St in Fort Lauderdale was built in 1968 and carries B-2 zoning. The property is positioned for office, retail, and restaurant-oriented commercial use, offering a substantial footprint within an established business and hospitality corridor.
The site is directly across from the Omni Fort Lauderdale Hotel and minutes from the Broward County Convention Center. It also provides access to Port Everglades, Fort Lauderdale-Hollywood International Airport, Fort Lauderdale Beach, and Downtown Fort Lauderdale. SE 17th Street connects these destinations and is surrounded by hotels, marinas, restaurants, residential development, and professional offices.
The location places the property within Fort Lauderdale’s tourism, convention, cruise, and business activity areas, with nearby demand drivers including the convention center and hospitality developments.
The site is directly across from the Omni Fort Lauderdale Hotel and minutes from the Broward County Convention Center. It also provides access to Port Everglades, Fort Lauderdale-Hollywood International Airport, Fort Lauderdale Beach, and Downtown Fort Lauderdale. SE 17th Street connects these destinations and is surrounded by hotels, marinas, restaurants, residential development, and professional offices.
The location places the property within Fort Lauderdale’s tourism, convention, cruise, and business activity areas, with nearby demand drivers including the convention center and hospitality developments.
Key Highlights
- 76,146‑square‑foot office property
- B‑2 zoning in Fort Lauderdale
- Built in 1968
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,187,522
Cap Rate
7.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$43,750,440
$43.8M
Cap Rate 7%
$31,250,314
$31.3M
Cap Rate 9%
$24,305,800
$24.3M
Market Conditions
NOI Build-Up for 76,146 SF
Gross rent
$3.47M $45.60/SF
− Vacancy
−$555.6K −$7.30/SF
EGI
$2.92M $38.30/SF
− OpEx
−$729.2K −$9.58/SF
NOI
$2.19M $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%
$43,750,440
Cap Rate 7%
$31,250,314
Cap Rate 9%
$24,305,800
Alternative Uses
Best Use
Office B
$31.25M
$27.34M – $36.46M
NOI $2,187,522 @ 7.0% cap · market cap 7.54%
Second Best
Retail
$19.38M
$16.95M – $22.61M
NOI $1,356,392 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$51.17M
$44.77M – $59.70M
NOI $3,581,908 @ 7.0% cap · market cap 12.35%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,663
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 building - B-2-zoned commercial property on SE 17th Street with potential for office, retail, and restaurant-oriented uses.
Where is this office building located?
The property is located at 1799 SE 17th St Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $29,000,000.
What are key features of this property?
This property features: 76,146‑square‑foot office property; B‑2 zoning in Fort Lauderdale; Built in 1968
