2120 S Federal Hwy Fort Lauderdale, FL 33316
Freestanding 3,300 SF building on a 0.28-acre corner lot.
Property Features for 2120 S Federal Hwy
General Information
- Standard status
- Active
- Size
- 3,333 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2011
Listing office Berger Commercial Realty Corp - Fort Lauderdale (305) 333-3544
Listing date Nov 25, 2025
Source Corfac
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All listing content including descriptions, pricing, images are the copyrighted material of Berger Commercial Realty Corp - Fort Lauderdale
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location on heavily traveled U.S. 1 with high traffic volume (56,775 vehicles per day) and excellent visibility.
- Modern construction (2011) with reinforced concrete, 14‑foot ceilings, and modern finishes.
- Flexible layout adaptable for medical, legal, office, or retail uses.
Local 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 | $152.0k | $45.60 |
| − Vacancy | −$24.3k | −$7.30 |
| EGI | $127.7k | $38.30 |
| − OpEx | −$31.9k | −$9.58 |
| NOI | $95.8k | $28.73 |