Two-Story Retail Office
3045 N Federal Highway 50 Fort Lauderdale, FL 33306
New
3045 N Federal Highway 50, Fort Lauderdale, FL, 33306
$975,000
For Sale
$975,000
Two-story retail/commercial building with a floor-to-ceiling glass facade, first-floor open layout, and enclosed second-floor offices.
Property Size1,777 SF
Price / SF$548.68
Days on Market3
Property Features for 3045 N Federal Highway 50
General Information
- Standard status
- Active
- Size
- 1,777 SF
Building Details
- Year Built
- 1985
Listing agency
American Marketing & Mgmnt.
(954) 525-2200
Listed by
Patrick E McTigue · License #3077092
Source
Mymiahomes
Added: Jul 21 Updated: Jul 22 at 3:45PM Checked: Jul 22 at 3:45PM
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 American Marketing & Mgmnt.
Investment Insights
Based on property information with market context.
This two-story retail/commercial building features a floor-to-ceiling glass facade designed to bring in natural light and visibility. The first floor includes high ceilings and an open floor plan, with a storage/kitchen area toward the back. A private, gated, and covered outdoor area is also available on the first level.
The second floor is configured with three offices/flex rooms, along with a bathroom, shower, and a small sauna. The property also offers ample on-site parking for both customers and staff.
Located just off Oakland Park Blvd and N. Federal Hwy, the building provides convenient access to major highways and public transportation. It is described as being in close proximity to national retailers, restaurants, and residential communities.
The second floor is configured with three offices/flex rooms, along with a bathroom, shower, and a small sauna. The property also offers ample on-site parking for both customers and staff.
Located just off Oakland Park Blvd and N. Federal Hwy, the building provides convenient access to major highways and public transportation. It is described as being in close proximity to national retailers, restaurants, and residential communities.
Key Highlights
- Two‑story retail/commercial building built in 1985
- Floor‑to‑ceiling glass facade designed for natural light and visibility
- First floor features a high ceiling and open layout with a storage/kitchen area off the back
Local 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 | $81.0k | $45.60 |
| − Vacancy | −$13.0k | −$7.30 |
| EGI | $68.1k | $38.30 |
| − OpEx | −$17.0k | −$9.58 |
| NOI | $51.0k | $28.73 |
1,777 SF · lease $45.60/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$729.3K
$638.1K – $850.8K
NOI $51,050 @ 7.0% cap · market cap 5.24%
Second Best
Retail
$452.2K
$395.7K – $527.6K
NOI $31,654 @ 7.0% cap · market cap 3.25%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,590 @ 7.0% cap · market cap 8.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Moya Moya Sea ...
Hair Salon
Dr. Tara Zuckerman ...
Physician
Dr. Marla Reis, ...
Physician
Yward Sailor Pub
Bar & Pub
Pure Water Service ...
Home Appliance Store
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FAQs
What type of property is this?
Retail space - Two-story retail/commercial building with a floor-to-ceiling glass facade, first-floor open layout, and enclosed second-floor offices.
Where is this retail space located?
The property is located at 3045 N Federal Highway 50 Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Two‑story retail/commercial building built in 1985; Floor‑to‑ceiling glass facade designed for natural light and visibility; First floor features a high ceiling and open layout with a storage/kitchen area off the back
