Class A Office
200 S Andrews Avenue Unit 602 Fort Lauderdale, FL 33301
For Sale
$1,150,000
6th-floor Suite 602 in the Museum Plaza building offers private offices within a 3,300 SF Class A suite.
Property Size3,300 SF
Price / SF$348.48
Days on Market157
Property Features for 200 S Andrews Avenue Unit 602
General Information
- Standard status
- Active
- Size
- 3,300 SF
- Property subtype
- Office
Building Details
- Year Built
- 1986
Listing Agency:
The MVMNT Group LLC
(786) 340-0582
Listed By:
Perla Valenzuela
(786) 340-0582
Source:
Xome
Added: Feb 17
Changed: Jul 23
Last Checked: Jul 23 at 2:55PM
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 MVMNT Group LLC
Investment Insights
Based on property information with market context.
Suite 602 is a 3,300 SF Class “A” office suite located on the 6th floor of the Museum Plaza building. The space is currently configured with seven individual private office suites, giving immediate functionality while allowing for redesign based on the buyer’s needs. Conceptual images included with the listing are AI-generated to illustrate potential build-out possibilities, and the seller is open to providing a renovation credit to support customization.
The suite is positioned in the downtown Las Olas business district, surrounded by a professional tenant base. The building provides walkable access to Las Olas restaurants and nearby institutions including NSU Art Museum, FAU, and Broward College, as well as downtown Fort Lauderdale’s business corridor.
This listing presents a turn-key private office setup with the flexibility to reconfigure into additional offices, conference space, or other workspace arrangements within the suite.
The suite is positioned in the downtown Las Olas business district, surrounded by a professional tenant base. The building provides walkable access to Las Olas restaurants and nearby institutions including NSU Art Museum, FAU, and Broward College, as well as downtown Fort Lauderdale’s business corridor.
This listing presents a turn-key private office setup with the flexibility to reconfigure into additional offices, conference space, or other workspace arrangements within the suite.
Key Highlights
- 6th‑floor Suite 602 in the Museum Plaza building with a 3,300 SF Class A office suite
- Currently configured with 7 individual private office suites
- Zoned RAC‑CC
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 | $150.5k | $45.60 |
| − Vacancy | −$24.1k | −$7.30 |
| EGI | $126.4k | $38.30 |
| − OpEx | −$31.6k | −$9.58 |
| NOI | $94.8k | $28.73 |
3,300 SF · lease $45.60/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.35M
$1.19M – $1.58M
NOI $94,802 @ 7.0% cap · market cap 8.24%
Second Best
Healthcare Medical
$634.7K
$555.4K – $740.5K
NOI $44,431 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$2.22M
$1.94M – $2.59M
NOI $155,232 @ 7.0% cap · market cap 13.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Nason Yeager Gerson ...
Law Firm
Neimark Cort A
Law Firm
Gallon Exports, Inc
Big Box & Wholesale Store
Amuco, Inc
Corporate Office
Boasting Biz
Advertising Agency
FAQs
What type of property is this?
Office units - 6th-floor Suite 602 in the Museum Plaza building offers private offices within a 3,300 SF Class A suite.
Where is this office units located?
The property is located at 200 S Andrews Avenue Unit 602 Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 6th‑floor Suite 602 in the Museum Plaza building with a 3,300 SF Class A office suite; Currently configured with 7 individual private office suites; Zoned RAC‑CC
