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Renovated First-Floor Office Unit
For Sale
$180,000

3015 N Ocean Boulevard #C106, Fort Lauderdale, FL 33308

Professional workspace in a mixed-use building with impact-rated openings, included internet, and covered parking.

Property Size952 SF
Price / SF$189.08
Days on Market89

Property Features for 3015 N Ocean Boulevard #C106

General Information

Standard status Active
Size 952 SF
Total Parking Spaces 1
Property subtype Mixed Use

Site & Location

Neighborhood Cbha
Road Access Yes

Additional Details

Floor 1

Amenities

cable
internet included in HOA

Building Details

Year Built 1974
Listing Agency: Century 21 Luxe Homes
Listed By: Stela Leite · License #3326639
Source: Lehmannflorida
Added: Aug 1 Changed: Oct 27 Last Checked: Oct 26 at 2:57PM

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 Century 21 Luxe Homes

Rey
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Investment Insights

Based on property information with market context.

This first-floor office unit occupies part of a mixed-use commercial and residential building at 3015 N Ocean Boulevard in Fort Lauderdale. The layout includes four renovated offices, providing a defined professional setting within the building. Impact doors and windows, cable, and internet through the HOA are among the existing features. The property was built in 1974 and includes one covered parking space. Positioned along N Ocean Boulevard, the office has a beachside setting with convenient access to the surrounding boulevard environment. A button desk is also included with the space.

Key Highlights

  • Four renovated offices on the first floor
  • Impact doors and windows
  • Cable and internet included through the HOA

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,608
Cap Rate
8.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$292,160 $292.2K
Cap Rate 7%
$208,686 $208.7K
Cap Rate 9%
$162,311 $162.3K
Market Conditions
NOI Build-Up for 952 SF
Gross rent
$25.1K $26.40/SF
− Vacancy
−$1.8K −$1.85/SF
EGI
$23.4K $24.55/SF
− OpEx
−$8.8K −$9.21/SF
NOI
$14.6K $15.34/SF
Area
Fort Lauderdale, FL
Vacancy
7.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$292,160
Cap Rate 7%
$208,686
Cap Rate 9%
$162,311

Alternative Uses

Best Use
Office B
$390.7K
$341.9K – $455.8K (±1% cap)
NOI $27,349 @ 7.0% cap · market cap 15.19%
Second Best
Mixed Use
$208.7K
$182.6K – $243.5K (±1% cap)
NOI $14,608 @ 7.0% cap · market cap 8.12%
Theoretical Best
Office A
$639.7K
$559.8K – $746.4K (±1% cap)
NOI $44,782 @ 7.0% cap · market cap 24.88%
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

William J Mcpharlin ... Law Firm Larry Ebbs Photography ... Photography Service Resort Associates-Palm Beach Hotel & Motel You Salon and Wellness ... Hair Salon Berkley South Corporate Office

Suggested Use

Top Pick Daycare Center Food Market Bakery Electrical Service Auto Parts Store Locksmith

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
Paved road access

Location Intelligence

Trade Area within ½ mile

2,381
Businesses Nearby

Demographics for 33308, FL

29,519
Population
23,230
Households
1.3
Avg Household Size
57
Median Age
56%
College-Educated
96%
High-School Grad
4.6 sq mi
ZIP Area
6,417
Density / Sq Mi
$83,413
Median Household Income
$58,600
Median Earnings
$1,850
Median Rent
$536,900
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

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

Frequently Asked Questions

What type of property is this?
Office unit - Professional workspace in a mixed-use building with impact-rated openings, included internet, and covered parking.
Where is this office unit located?
The property is located at 3015 N Ocean Boulevard #C106 Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Four renovated offices on the first floor; Impact doors and windows; Cable and internet included through the HOA
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