Office/Warehouse Flex
2801 SW 3rd Ave Fort Lauderdale, FL 33315
For Sale
$1,180,000
Well-maintained flex unit with office buildout and an open warehouse with a 20-foot ceiling and roll-up door.
Property Size2,700 SF
Price / SF$437.04
Days on Market853
Property Features for 2801 SW 3rd Ave
General Information
- Standard status
- Active
- Size
- 2,700 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 2002
Listing Agency:
Better Homes & Gdns RE Fla 1st
(305) 439-9024
Listed By:
Ruth Buttendorf · License #0661434
(305) 439-9024
Source:
Xome
Added: Mar 24, 2024
Changed: Jul 23
Last Checked: Jul 23 at 6:19AM
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 Better Homes & Gdns RE Fla 1st
Investment Insights
Based on property information with market context.
This well-maintained office/warehouse flex unit features a total of 2,700 square feet, including an additional 500 square feet mezzanine office loft. The first floor includes a built-out office area of 1,000 square feet alongside an open warehouse space of 1,200 square feet. Warehouse improvements include a 20-foot high ceiling and a 12 x 14-foot roll-up door, supporting practical loading and storage needs. The entry includes a glass front door and sidelite, and the unit is described as turnkey ready to move in.
The property is conveniently located minutes from Fort Lauderdale International Airport, Port Everglades, and Marina Mile Road, with access to major roadways.
Overall, the layout combines dedicated office space on the ground level with an additional mezzanine office loft above the warehouse area, while maintaining a clear open warehouse footprint below.
The property is conveniently located minutes from Fort Lauderdale International Airport, Port Everglades, and Marina Mile Road, with access to major roadways.
Overall, the layout combines dedicated office space on the ground level with an additional mezzanine office loft above the warehouse area, while maintaining a clear open warehouse footprint below.
Key Highlights
- Well‑maintained office/warehouse flex unit built in 2002 with a total of 2,700 SF (2,200 SF plus 500 SF mezzanine office loft).
- First floor includes 1,000 SF office buildout and 1,200 SF open warehouse.
- Warehouse has a 20‑ft high ceiling and a 12 x 14 ft roll‑up door.
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 | $123.1k | $45.60 |
| − Vacancy | −$19.7k | −$7.30 |
| EGI | $103.4k | $38.30 |
| − OpEx | −$25.9k | −$9.58 |
| NOI | $77.6k | $28.73 |
2,700 SF · lease $45.60/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.11M
$969.6K – $1.29M
NOI $77,566 @ 7.0% cap · market cap 6.57%
Second Best
Warehouse
$640.7K
$560.7K – $747.5K
NOI $44,852 @ 7.0% cap · market cap 3.80%
Theoretical Best
Office A
$1.81M
$1.59M – $2.12M
NOI $127,008 @ 7.0% cap · market cap 10.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Blackfin
Shopping Center & Mall
Boat Watch
(Bike/Boat/Book/etc) Store
House of Caviar and Fine ...
Specialty Food Shop
Cheap Textbook Deals
(Bike/Boat/Book/etc) Store
Lloyd's Visual Arts
Marketing & Advertising
Similar Off Market Nearby
- Table Manors Supper Club — Wilton Dr, Wilton Manors, FL 33311
- 808 Luau Catering — 127 NW 25th St, Wilton Manors, FL 33311
- mundolatinocuisine — n federal hwy, fort lauderdale, fl 33305
- Funky Farm Bros — 2406 Dixie Hwy, Wilton Manors, FL 33305
- Creative Elegance Catering LLC. — ne 4th avenue and, ne 16th st, fort lauderdale, fl 33334
FAQs
What type of property is this?
Flex space - Well-maintained flex unit with office buildout and an open warehouse with a 20-foot ceiling and roll-up door.
Where is this flex space located?
The property is located at 2801 SW 3rd Ave Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,180,000.
What are key features of this property?
This property features: Well‑maintained office/warehouse flex unit built in 2002 with a total of 2,700 SF (2,200 SF plus 500 SF mezzanine office loft).; First floor includes 1,000 SF office buildout and 1,200 SF open warehouse.; Warehouse has a 20‑ft high ceiling and a 12 x 14 ft roll‑up door.
