Creative Space with
For Sale
$2,650,000
3045 N Federal Hwy Unit 80, Fort Lauderdale, FL 33306
Flexible commercial interiors combine open work areas, executive space, and a prominent Fort Lauderdale corridor location.
Property Size4,557 SF
Price / SF$581.52
Days on Market92
Property Features for 3045 N Federal Hwy Unit 80
General Information
Standard status
Active
Size
4,557 SF
Site & Location
Corner Location
Yes
Traffic Count
80,000 vehicles/day
Amenities
Impact double entry doors
vaulted skylit ceilings
exposed beams
flexible workspace
reception
meeting atrium
loft meeting area
private executive office
Building Details
Year Built
1979
Stories
2
Listing Agency:
Coldwell Banker Realty
Listed By:
Danielle M Bastarache · License #F10499403
(954) 562-7198
Source:
Chenoregroup
Added: Jul 20
Changed: Oct 1
Last Checked: Oct 7 at 1:50PM
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 Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
This 4,557 SF creative workspace was built in 1979 and designed by architect Dan Duckham. The interior includes impact double-entry doors, vaulted skylit ceilings, exposed beams, and a flexible arrangement suited to professional or customer-facing operations. The first floor contains reception, 10 workstations, and a meeting atrium, while the upper level adds 7 workstations, a loft meeting area, and a private executive office.
The property is located at the intersection of East Oakland Park Blvd and N Federal Hwy in Fort Lauderdale. The corridor records over 80,000 vehicles daily, and the address is minutes from Downtown, I-95, beaches, and walkable waterfront neighborhoods.
The property is located at the intersection of East Oakland Park Blvd and N Federal Hwy in Fort Lauderdale. The corridor records over 80,000 vehicles daily, and the address is minutes from Downtown, I-95, beaches, and walkable waterfront neighborhoods.
Key Highlights
- 4,557 SF creative workspace with flexible interior configuration
- First floor includes reception, 10 workstations, and a meeting atrium
- Upper level offers 7 workstations, loft meeting area, and private executive office
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$130,913
Cap Rate
4.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,618,260
$2.6M
Cap Rate 7%
$1,870,186
$1.9M
Cap Rate 9%
$1,454,589
$1.5M
Market Conditions
NOI Build-Up for 4,557 SF
Gross rent
$207.8K $45.60/SF
− Vacancy
−$33.2K −$7.30/SF
EGI
$174.6K $38.30/SF
− OpEx
−$43.6K −$9.58/SF
NOI
$130.9K $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%
$2,618,260
Cap Rate 7%
$1,870,186
Cap Rate 9%
$1,454,589
Alternative Uses
Best Use
Office B
$1.87M
$1.64M – $2.18M
NOI $130,913 @ 7.0% cap · market cap 4.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.06M
$2.68M – $3.57M
NOI $214,361 @ 7.0% cap · market cap 8.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
80,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
3,153
Businesses Nearby
Explore this area
Business Placement
Demographics for 33306, FL
3,526
Population
2,109
Households
1.7
Avg Household Size
53
Median Age
44%
College-Educated
96%
High-School Grad
0.9 sq mi
ZIP Area
3,918
Density / Sq Mi
$82,375
Median Household Income
$77,118
Median Earnings
$1,369
Median Rent
$469,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Fort Lauderdale, FL
Frequently Asked Questions
What type of property is this?
Creative space - Flexible commercial interiors combine open work areas, executive space, and a prominent Fort Lauderdale corridor location.
Where is this creative space located?
The property is located at 3045 N Federal Hwy Unit 80 Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: 4,557 SF creative workspace with flexible interior configuration; First floor includes reception, 10 workstations, and a meeting atrium; Upper level offers 7 workstations, loft meeting area, and private executive office
