Retail Space with Private
New
For Sale
Contact for pricing
2999 W Commercial Blvd Unit 2999, Fort Lauderdale, FL 33309
An individual electric meter and water service are included with the space.
Property Size860 SF
Price / SF$0.03
Days on Market5
Property Features for 2999 W Commercial Blvd Unit 2999
General Information
Standard status
Active
Size
860 SF
Property subtype
Retail
Amenities
Square Feet: 92252
Parcel Number: 494217130010, Tax Legal Description: BAYBERRY LAKES 121-20 B PARCEL A & B
Business Type: Commercial/Residential Income, Lease Considered, Lease Term: 1 To 3 Year Lease,4 To 6 Year Lease, Special Listing Conditions: Lease, Standard Status: Active
Features: Common
Stories: 1, Year Built: 1986, Building Area Total: 21332, Structure Type: Commercial
County Or Parish: Broward County, Unit Number: 2999
Current Use: Retail, Leasable Area Units: Square Feet, Leasable Area: 860
Units In Community: 2
Tenant Pays: Common Area Maintenance, Electricity
Water Source: Public
Building Details
Year Built
1986
Listing Agency:
Synergy Realty Advisors
(305) 297-3557
Listed By:
Rosaura Sandoval Guevara · License #A12084380
(786) 302-5726
Source:
Riserealty
Added: Oct 14
Changed: Oct 16
Last Checked: Oct 16 at 1:55PM
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 Synergy Realty Advisors
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.
This 860-square-foot retail space includes a private bathroom and a separate electric meter. Water service is included, providing a defined utility arrangement for the premises.
The property is at 2999 W Commercial Blvd in Fort Lauderdale, Florida. The building was constructed in 1986.
The property is at 2999 W Commercial Blvd in Fort Lauderdale, Florida. The building was constructed in 1986.
Key Highlights
- 860 SF of retail space
- Private bathroom
- Separate electric meter
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,319
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,380
$306.4K
Cap Rate 7%
$218,843
$218.8K
Cap Rate 9%
$170,211
$170.2K
Market Conditions
NOI Build-Up for 860 SF
Gross rent
$23.7K $27.60/SF
− Vacancy
−$1.9K −$2.15/SF
EGI
$21.9K $25.45/SF
− OpEx
−$6.6K −$7.63/SF
NOI
$15.3K $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%
$306,380
Cap Rate 7%
$218,843
Cap Rate 9%
$170,211
Alternative Uses
Best Use
Retail
$218.8K
$191.5K – $255.3K
NOI $15,319 @ 7.0% cap · market cap 58,919.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$577.9K
$505.7K – $674.2K
NOI $40,454 @ 7.0% cap · market cap 155,592.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,649
Businesses Nearby
83k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 40%
Dining 37%
Groceries 21%
Hotels & Casinos 2%
Winn-Dixie
Groceries
17,448 visits/mo
0.3 miles
Wendy's
Dining
14,912 visits/mo
0.5 miles
Pollo Tropical
Dining
13,113 visits/mo
0.2 miles
Mobil
Shops & Services
8,740 visits/mo
0.2 miles
Chevron
Shops & Services
8,018 visits/mo
0.2 miles
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
Market
Vacancy Rate% for Retail in Fort Lauderdale, FL
Frequently Asked Questions
What type of property is this?
Retail space - An individual electric meter and water service are included with the space.
Where is this retail space located?
The property is located at 2999 W Commercial Blvd Unit 2999 Fort Lauderdale, FL.
What are key features of this property?
This property features: 860 SF of retail space; Private bathroom; Separate electric meter
