Downtown Fort Lauderdale Office
For Sale
$2,495,000
212 SE 8th St, Fort Lauderdale, FL 33316
3,480 sq ft office building in downtown Fort Lauderdale.
Property Size3,480 SF
Lot Size0.32 Acres
Price / SF$716.95
Days on Market223
Property Features for 212 SE 8th St
General Information
Standard status
Active
Size
3,480 SF
Lot size
0.32 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$35,830
Building Details
Building Size
3,480 SF
Year Built
1986
Listing Agency:
Douglas Elliman
Listed By:
Lindsey Way · License #3296776
(954) 804-2864
Source:
Elliman
Added: Mar 10
Changed: Aug 31
Last Checked: Oct 16 at 10:55AM
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 Douglas Elliman
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Investment Insights
Based on property information with market context.
This free-standing, 3,480 sq. ft. office building is located in the heart of downtown Fort Lauderdale. The property is zoned RAC-CC, one of the city’s highest density "City Center" designations. The location is walkable to the courthouse, Las Olas Boulevard, and top dining, and it is just minutes from major highways, offering exceptional visibility and accessibility. The building is divided into two separate wings. The East Wing features 5 private offices, a kitchen/common area, a waiting room, and 2 restrooms (one full bath). The West Wing includes 4 private offices, a reception area, a waiting room, a conference room, a kitchen, a copy supply room, and a restroom. The property includes front and rear access with 15 on-site parking spaces, all on a 14,000 sq. ft. lot. This property is ideal for a high-profile downtown presence.
Key Highlights
- Prime Downtown Fort Lauderdale Location: Enjoy exceptional visibility and a high‑profile downtown presence.
- High‑Density Zoning (RAC‑CC): Offers various development possibilities with one of the city's highest density "City Center" designations.
- Two Separate Wings: Provides flexible layout options with multiple private offices, reception areas, kitchens, and restrooms.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$99,973
Cap Rate
4.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,999,460
$2.0M
Cap Rate 7%
$1,428,186
$1.4M
Cap Rate 9%
$1,110,811
$1.1M
Market Conditions
NOI Build-Up for 3,480 SF
Gross rent
$158.7K $45.60/SF
− Vacancy
−$25.4K −$7.30/SF
EGI
$133.3K $38.30/SF
− OpEx
−$33.3K −$9.58/SF
NOI
$100.0K $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%
$1,999,460
Cap Rate 7%
$1,428,186
Cap Rate 9%
$1,110,811
Alternative Uses
Best Use
Office B
$1.43M
$1.25M – $1.67M
NOI $99,973 @ 7.0% cap · market cap 4.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.34M
$2.05M – $2.73M
NOI $163,699 @ 7.0% cap · market cap 6.56%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
6,741
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
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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 - 3,480 sq ft office building in downtown Fort Lauderdale.
Where is this office building located?
The property is located at 212 SE 8th St Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Prime Downtown Fort Lauderdale Location: Enjoy exceptional visibility and a high‑profile downtown presence.; High‑Density Zoning (RAC‑CC): Offers various development possibilities with one of the city's highest density "City Center" designations.; Two Separate Wings: Provides flexible layout options with multiple private offices, reception areas, kitchens, and restrooms.
