NNN
For Sale
Contact for pricing
3213 N Ocean Blvd 3, Fort Lauderdale, FL 33308
Property is offered with a triple-net lease structure.
Property Size7,426 SF
Days on Market177
Property Features for 3213 N Ocean Blvd 3
General Information
Standard status
Active
Size
7,426 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$11,429
Building Details
Building Size
7,426 SF
Year Built
1961
Stories
2
Listing Agency:
Castillo & Associates Real Estate, Inc
Listed By:
Maydelin Castillo Florez · License #3251567
(305) 778-5383
Source:
Elliman
Added: Apr 24
Changed: Oct 10
Last Checked: Oct 16 at 11:07AM
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 Castillo & Associates Real Estate, Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial property was built in 1961 and is offered under a triple-net lease structure.
The property is located at 3213 N Ocean Blvd 1, Fort Lauderdale, FL 33308. Walk Score is 44, Bike Score is 42, and Transit Score is 29.
The property is located at 3213 N Ocean Blvd 1, Fort Lauderdale, FL 33308. Walk Score is 44, Bike Score is 42, and Transit Score is 29.
Key Highlights
- Triple‑net lease structure
- Constructed in 1961
- 3213 N Ocean Blvd 1, Fort Lauderdale, FL 33308
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$132,280
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,645,600
$2.6M
Cap Rate 7%
$1,889,714
$1.9M
Cap Rate 9%
$1,469,778
$1.5M
Market Conditions
NOI Build-Up for 7,426 SF
Gross rent
$205.0K $27.60/SF
− Vacancy
−$16.0K −$2.15/SF
EGI
$189.0K $25.45/SF
− OpEx
−$56.7K −$7.63/SF
NOI
$132.3K $17.81/SF
Area
Fort Lauderdale, FL
Vacancy
7.80%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,645,600
Cap Rate 7%
$1,889,714
Cap Rate 9%
$1,469,778
Alternative Uses
Best Use
Retail
$1.89M
$1.65M – $2.20M
NOI $132,280 @ 7.0% cap · market cap 8,848.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.99M
$4.37M – $5.82M
NOI $349,319 @ 7.0% cap · market cap 23,365.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,971
Businesses Nearby
53k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Groceries 32%
Hotels & Casinos 6%
Home Improvements & Furnishings 2%
Speedway
Shops & Services
25,545 visits/mo
0.1 miles
Winn-Dixie
Groceries
16,874 visits/mo
0.5 miles
Residence Inn by Marriott
Hotels & Casinos
3,375 visits/mo
0.3 miles
Wells Fargo
Shops & Services
2,866 visits/mo
0.4 miles
Sherwin-Williams Paint Store
Home Improvements & Furnishings
1,264 visits/mo
0.4 miles
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
Market
Vacancy Rate% for Retail in Fort Lauderdale, FL
Frequently Asked Questions
What type of property is this?
NNN property - Property is offered with a triple-net lease structure.
Where is this nnn property located?
The property is located at 3213 N Ocean Blvd 3 Fort Lauderdale, FL.
What are key features of this property?
This property features: Triple‑net lease structure; Constructed in 1961; 3213 N Ocean Blvd 1, Fort Lauderdale, FL 33308
