Freestanding Office Building For
3050 E Commercial Blvd Fort Lauderdale, FL 33308
For Sale
$1,295,000
Pending
Freestanding single-story office building in desirable commercial corridor.
Property Size2,500 SF
Days on Market97
Property Features for 3050 E Commercial Blvd
General Information
Standard status
Pending
Size
2,500 SF
Property subtype
Commercial
Building Details
Year Built
1976
Listing Agency:
American Realty & Invst Corp
(954) 224-9702
Listed By:
Richard W Waters Jr · License #3223213
(954) 224-9702
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 28 at 2:30PM
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 Realty & Invst Corp
Investment Insights
Based on property information with market context.
This freestanding, single-story office building, approximately 2,500 square feet, is located in a desirable commercial corridor of Fort Lauderdale. The property offers visibility and accessibility, making it suitable for professional offices, medical practices, legal firms, financial services, retail, or executive offices. The building features 10 ft ceilings throughout most of the space. Upgrades include a new roof planned for March 2025, accordion hurricane shutters, 400 AMP electrical service, and LED lighting. Additional features include two restrooms, a kitchen, an IT closet, and two HVAC systems, one 4-ton and one 5-ton. The current owner/tenant has occupied the space for almost 30 years. The location has a bike score of 49, indicating it is somewhat bikeable, a walk score of 43, indicating car-dependent, and a transit score of 33, indicating some transit options are available.
Key Highlights
- Prime investment or owner‑user opportunity in a desirable Fort Lauderdale commercial corridor.
- Freestanding, single‑story office building (approximately 2,500 sq ft) suitable for various professional uses.
- New roof installed in March 2025.
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 | $114.0k | $45.60 |
| − Vacancy | −$18.2k | −$7.30 |
| EGI | $95.8k | $38.30 |
| − OpEx | −$23.9k | −$9.58 |
| NOI | $71.8k | $28.73 |
2,500 SF · lease $45.60/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.03M
$897.8K – $1.20M
NOI $71,820 @ 7.0% cap · market cap 5.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M
NOI $117,600 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Freestanding single-story office building in desirable commercial corridor.
Where is this office building located?
The property is located at 3050 E Commercial Blvd Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Prime investment or owner‑user opportunity in a desirable Fort Lauderdale commercial corridor.; Freestanding, single‑story office building (approximately 2,500 sq ft) suitable for various professional uses.; New roof installed in March 2025.
