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Gut-Renovated Office Building
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301 Se 20th St, Fort Lauderdale, FL 33316

Gut-renovated office building with hurricane glass windows, HVAC, and a new roof, ready for immediate occupancy.

Property Size1,400 SF
Price / SF$678.57
Days on Market335

Property Features for 301 Se 20th St

General Information

Standard status Active
Size 1,400 SF
Property subtype OFFICE

Additional Details

Highway Access Yes

Amenities

hurricane glass windows

Building Details

Year Renovated 2022
Buildings 1
Building Size 1,420 SF
Listing Agency: Berger Commercial Realty Corp - Fort Lauderdale
Listed By: Steve Hyatt · License ##BK411032
Source: Moodyscre
Added: Sep 3, 2025 Changed: Jul 30 Last Checked: Aug 2 at 11:51AM

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 Berger Commercial Realty Corp - Fort Lauderdale

Investment Insights

Based on property information with market context.

This 1,420 SF office building is ready for immediate occupancy. The property was completely gut renovated in 2022, with a new roof, new HVAC, and upgraded interiors throughout.

The building features hurricane glass windows. It also offers easy access to US 1, I-95, and I-595, supporting convenient daily commutes and client access.

With its updated building systems and move-in readiness, the space is positioned for tenants seeking an office setup that is already renovated and operational.

Key Highlights

  • 1,420 SF office building ready for immediate occupancy
  • Completely gut renovated in 2022
  • New roof and new HVAC

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 $63.8k $45.60
− Vacancy −$10.2k −$7.30
EGI $53.6k $38.30
− OpEx −$13.4k −$9.58
NOI $40.2k $28.73
1,400 SF · lease $45.60/SF/yr · vacancy 16.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$574.6K
$502.7K – $670.3K (±1% cap)
NOI $40,219 @ 7.0% cap · market cap 4.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$940.8K
$823.2K – $1.10M (±1% cap)
NOI $65,856 @ 7.0% cap · market cap 6.93%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Maritime Finance Financial Advisor Simbi® (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Daycare Center Acupuncture Florist Veterinary Clinic Butcher Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

246
Businesses Nearby

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

Market

Vacancy Rate% for Office in Fort Lauderdale, FL

11.8% 2019
14.7% 2020
17% 2021
17.5% 2022
17.6% 2023
15.2% 2024
15.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Gut-renovated office building with hurricane glass windows, HVAC, and a new roof, ready for immediate occupancy.
Where is this office building located?
The property is located at 301 Se 20th St Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 1,420 SF office building ready for immediate occupancy; Completely gut renovated in 2022; New roof and new HVAC
(954) 494-3091 Call to check price and availability
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