Free-Standing Downtown Office
For Sale
$2,295,000
212 SE 8th Street, Fort Lauderdale, FL 33316
Two-wing office layout offers 9 private offices, reception/waiting areas, conference space, and 15 on-site parking spaces.
Property Size3,480 SF
Days on Market509
Property Features for 212 SE 8th Street
General Information
Standard status
Active
Size
3,480 SF
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 E Way · License #3296776
(954) 874-0740
Source:
Relinkre
Added: May 29, 2025
Changed: Oct 14
Last Checked: Oct 16 at 6:22PM
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 office building totals 3,480 square feet and is configured with two separate wings. The East Wing includes five private offices, a kitchen/common area, a waiting room, and two restrooms, including one full bath. The West Wing features four private offices, a reception area, waiting room, conference room, kitchen, copy/supply room, and a restroom. Front and rear access are available, and the property includes 15 on-site parking spaces.
The building is located in downtown Fort Lauderdale and is zoned RAC-CC, described as one of the city’s highest density “City Center” designations. The property is noted as walkable to the courthouse and Las Olas Boulevard, with access to major highways described as only minutes away.
On a 14,000 square foot lot, the building’s split-wing configuration supports separate office groupings within a single address, complemented by on-site parking for visitors and staff.
The building is located in downtown Fort Lauderdale and is zoned RAC-CC, described as one of the city’s highest density “City Center” designations. The property is noted as walkable to the courthouse and Las Olas Boulevard, with access to major highways described as only minutes away.
On a 14,000 square foot lot, the building’s split-wing configuration supports separate office groupings within a single address, complemented by on-site parking for visitors and staff.
Key Highlights
- 3,480 sq. ft. free‑standing office building in downtown Fort Lauderdale, zoned RAC‑CC (City Center high‑density designation).
- Two separate wings with a total of 9 private offices, reception/waiting areas, and conference room space.
- East wing features 5 private offices plus kitchen/common area, waiting room, and 2 restrooms (including one full bath).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$99,973
Cap Rate
4.36%
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 4.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.34M
$2.05M – $2.73M
NOI $163,699 @ 7.0% cap · market cap 7.13%
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 - Two-wing office layout offers 9 private offices, reception/waiting areas, conference space, and 15 on-site parking spaces.
Where is this office building located?
The property is located at 212 SE 8th Street Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $2,295,000.
What are key features of this property?
This property features: 3,480 sq. ft. free‑standing office building in downtown Fort Lauderdale, zoned RAC‑CC (City Center high‑density designation).; Two separate wings with a total of 9 private offices, reception/waiting areas, and conference room space.; East wing features 5 private offices plus kitchen/common area, waiting room, and 2 restrooms (including one full bath).
