Ground-Floor Retail
For Sale
Contact for pricing
3309 NE 33rd Street, Fort Lauderdale, FL 33308
Current office configuration and vanilla-shell delivery support a customized retail build-out.
Property Size2,606 SF
Price / SF$0.01
Days on Market97
Property Features for 3309 NE 33rd Street
General Information
Standard status
Active
Size
2,606 SF
Property subtype
Retail
Site & Location
Neighborhood
Gmca
Building Details
Year Built
1974
Listing Agency:
Native Realty Co.
Listed By:
Kaley M Miller · License #3222373
(954) 595-2999
Source:
Lehmannflorida
Added: Jul 31
Changed: Nov 3
Last Checked: Nov 3 at 7:37AM
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 Native Realty Co.
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Investment Insights
Based on property information with market context.
This ground-floor retail space is currently configured as office space and is offered in vanilla-shell condition. The layout can be converted for retail use, giving an occupant the ability to plan the interior around its operating requirements. The building dates to 1974.
The property is located at 3309 NE 33rd Street in Fort Lauderdale, directly off A1A within the Galt Mile Shopping District. The surrounding commercial mix includes restaurants, wine bars, boutique retailers, fitness studios, and hospitality businesses. Beach access, Lauderdale-by-the-Sea, and Downtown Fort Lauderdale are described as minutes away.
The property is located at 3309 NE 33rd Street in Fort Lauderdale, directly off A1A within the Galt Mile Shopping District. The surrounding commercial mix includes restaurants, wine bars, boutique retailers, fitness studios, and hospitality businesses. Beach access, Lauderdale-by-the-Sea, and Downtown Fort Lauderdale are described as minutes away.
Key Highlights
- Ground‑floor space directly off A1A
- Currently configured as office space with retail conversion potential
- Vanilla‑shell delivery supports customized interior build‑out
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,421
Suggested Prices Based on Cap Rates
Cap Rate 5%
$928,420
$928.4K
Cap Rate 7%
$663,157
$663.2K
Cap Rate 9%
$515,789
$515.8K
Market Conditions
NOI Build-Up for 2,606 SF
Gross rent
$71.9K $27.60/SF
− Vacancy
−$5.6K −$2.15/SF
EGI
$66.3K $25.45/SF
− OpEx
−$19.9K −$7.63/SF
NOI
$46.4K $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%
$928,420
Cap Rate 7%
$663,157
Cap Rate 9%
$515,789
Alternative Uses
Best Use
Office B
$1.07M
$935.8K – $1.25M
NOI $74,865 @ 7.0% cap · market cap 213,900.00%
Second Best
Retail
$663.2K
$580.3K – $773.7K
NOI $46,421 @ 7.0% cap · market cap 132,631.43%
Theoretical Best
Office A
$1.75M
$1.53M – $2.04M
NOI $122,586 @ 7.0% cap · market cap 350,245.71%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,515
Businesses Nearby
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Business Placement
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
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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?
Retail space - Current office configuration and vanilla-shell delivery support a customized retail build-out.
Where is this retail space located?
The property is located at 3309 NE 33rd Street Fort Lauderdale, FL.
What are key features of this property?
This property features: Ground‑floor space directly off A1A; Currently configured as office space with retail conversion potential; Vanilla‑shell delivery supports customized interior build‑out
