Professional Office
For Sale
Contact for pricing
2950 NW 62nd St Unit 301J, Fort Lauderdale, FL 33309
Office space in Cypress Creek Business District with electricity and WIFI included.
Property Size484 SF
Price / SF$2.42
Days on Market51
Property Features for 2950 NW 62nd St Unit 301J
General Information
Standard status
Active
Size
484 SF
Property subtype
Office
Additional Details
Highway Access
Yes
Amenities
Electricity and WIFI included
Square Feet: 82735
Sewer: Public Sanitation
Parcel Number: 494208090022, Tax Annual Amount: $146,979, Tax Legal Description: VANTAGE INDUSTRIAL PARK SECTION 2 100-21 B PARCEL C,W 208 OF E 457.51 (MEAS ALG S/L) OF PARCEL C
Cooling: Central Building A/C
Heating: Central Building A/C
Business Type: Office Space, Lease Considered, Lease Term: 1 To 3 Year Lease, Special Listing Conditions: Lease, Standard Status: Active
Parking Total: 148, Features: Additional Spaces Available
Stories: 3, Year Built: 1986, Building Area Total: 39704, Structure Type: Free Standing
County Or Parish: Broward County, Unit Number: 301J
Current Use: Commercial Office, Leasable Area Units: Square Feet, Leasable Area: 484
Water Source: Public
Building Details
Year Built
1986
Listing Agency:
MovinMIA, LLC
Listed By:
Cristina Santana · License #A12084769
(786) 797-7703
Source:
Riserealty
Added: Sep 8
Changed: Oct 27
Last Checked: Oct 28 at 8:34AM
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 MovinMIA, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Suite 301J is a 484 SF professional office unit within the Cypress Creek Business District. Built in 1986, the space is suited to office-based operations and is available for immediate occupancy. Electricity and WIFI are included, with ample parking provided for employees and clients.
The property offers access near I-95, Florida's Turnpike, and Fort Lauderdale Executive Airport. Its location supports convenient employee and client travel, while the suite configuration provides a compact setting for a small professional office user.
The property offers access near I-95, Florida's Turnpike, and Fort Lauderdale Executive Airport. Its location supports convenient employee and client travel, while the suite configuration provides a compact setting for a small professional office user.
Key Highlights
- 484 SF Suite 301J office unit
- Electricity and WIFI included
- Ample parking for employees and clients
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,904
Suggested Prices Based on Cap Rates
Cap Rate 5%
$278,080
$278.1K
Cap Rate 7%
$198,629
$198.6K
Cap Rate 9%
$154,489
$154.5K
Market Conditions
NOI Build-Up for 484 SF
Gross rent
$22.1K $45.60/SF
− Vacancy
−$3.5K −$7.30/SF
EGI
$18.5K $38.30/SF
− OpEx
−$4.6K −$9.58/SF
NOI
$13.9K $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%
$278,080
Cap Rate 7%
$198,629
Cap Rate 9%
$154,489
Alternative Uses
Best Use
Office B
$198.6K
$173.8K – $231.7K
NOI $13,904 @ 7.0% cap · market cap 1,188.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$325.2K
$284.6K – $379.5K
NOI $22,767 @ 7.0% cap · market cap 1,945.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,240
Businesses Nearby
Explore this area
Business Placement
Demographics for 33309, FL
37,642
Population
14,783
Households
2.5
Avg Household Size
39
Median Age
23%
College-Educated
85%
High-School Grad
9.7 sq mi
ZIP Area
3,881
Density / Sq Mi
$73,496
Median Household Income
$35,850
Median Earnings
$1,829
Median Rent
$309,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Fort Lauderdale, FL
Frequently Asked Questions
What type of property is this?
Office unit - Office space in Cypress Creek Business District with electricity and WIFI included.
Where is this office unit located?
The property is located at 2950 NW 62nd St Unit 301J Fort Lauderdale, FL.
What are key features of this property?
This property features: 484 SF Suite 301J office unit; Electricity and WIFI included; Ample parking for employees and clients
