Multi-Bay Auto
New
For Sale
Contact for pricing
2900 SE 6th Ave, Fort Lauderdale, FL 33316
Two contiguous parcels combine automotive improvements, fenced yard space, and B-3 zoning.
Property Size12,613 SF
Lot Size0.81 Acres
Price / SF$554.98
Days on Market2
Property Features for 2900 SE 6th Ave
General Information
Standard status
Active
Size
12,613 SF
Lot size
0.81 Acres
Property subtype
INDUSTRIAL
Zoning
B-3
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Building Details
Buildings
2
Listing Agency:
Lee & Associates | Broward/Palm Beach
(954) 399-6299
Listed By:
Greg Milopoulos · License ##BK3121415
(954) 558-1220
Source:
Moodyscre
Added: Oct 15
Changed: Oct 16
Last Checked: Oct 16 at 2:30PM
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 Lee & Associates | Broward/Palm Beach
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The automotive property comprises two contiguous parcels totaling approximately 12,613 SF on 0.81 AC. At 2916 SE 6th Ave, the 11,412 SF building has multiple bays, a fenced yard, and approximately 30 parking spaces. The 1,201 SF building at 2900 SE 6th Ave is identified as a former rental building and has approximately 55 surface parking spaces. The site has automotive infrastructure and B-3 zoning.
The property offers access to I-595, Port Everglades, FLL Airport, and US-1.
The property offers access to I-595, Port Everglades, FLL Airport, and US-1.
Key Highlights
- Two contiguous parcels totaling ±12,613 SF on 0.81 AC
- B‑3 zoning and automotive infrastructure in place
- 2916 SE 6th Ave: ±11,412 SF, multiple bays, fenced yard, and ±30 parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$224,676
Cap Rate
3.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,493,520
$4.5M
Cap Rate 7%
$3,209,657
$3.2M
Cap Rate 9%
$2,496,400
$2.5M
Market Conditions
NOI Build-Up for 12,613 SF
Gross rent
$348.1K $27.60/SF
− Vacancy
−$27.2K −$2.15/SF
EGI
$321.0K $25.45/SF
− OpEx
−$96.3K −$7.63/SF
NOI
$224.7K $17.81/SF
Area
Fort Lauderdale, FL
Vacancy
7.80%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,493,520
Cap Rate 7%
$3,209,657
Cap Rate 9%
$2,496,400
Alternative Uses
Best Use
Retail
$3.21M
$2.81M – $3.74M
NOI $224,676 @ 7.0% cap · market cap 3.21%
Second Best
Industrial
$2.60M
$2.28M – $3.04M
NOI $182,127 @ 7.0% cap · market cap 2.60%
Theoretical Best
Office A
$8.48M
$7.42M – $9.89M
NOI $593,316 @ 7.0% cap · market cap 8.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,389
Businesses Nearby
85k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 69%
Hotels & Casinos 19%
Dining 8%
Electronics 2%
Chevron
Shops & Services
20,681 visits/mo
0.3 miles
Crowne Plaza Ft. Lauderdale Airport/Cruise
Hotels & Casinos
16,210 visits/mo
0.4 miles
Mobil
Shops & Services
12,147 visits/mo
0.5 miles
Public Storage
Shops & Services
9,752 visits/mo
0.3 miles
Citgo
Shops & Services
8,943 visits/mo
0.5 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Fort Lauderdale, FL
Similar Off Market Nearby
- Ft Lauderdale Mobile Truck Repair — 296 SW 33rd Ct, Fort Lauderdale, FL 33315
- City Lube — 940 Eller Dr Bay 1, Fort Lauderdale, FL 33316
- Tim Stanford Foreign Cars — 287 SW 33rd St, Fort Lauderdale, FL 33315
- I FIX EXOTICS — 3333 SW 2nd Ave, Fort Lauderdale, FL 33315
- Platinum Collision Inc — 220 SW 33rd St, Fort Lauderdale, FL 33315
Frequently Asked Questions
What type of property is this?
Auto shop - Two contiguous parcels combine automotive improvements, fenced yard space, and B-3 zoning.
Where is this auto shop located?
The property is located at 2900 SE 6th Ave Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: Two contiguous parcels totaling ±12,613 SF on 0.81 AC; B‑3 zoning and automotive infrastructure in place; 2916 SE 6th Ave: ±11,412 SF, multiple bays, fenced yard, and ±30 parking spaces
