Mixed-Use Property with Retail &
3321 NE 33rd Street Fort Lauderdale, FL 33308
3321 NE 33rd Street, Fort Lauderdale, FL, 33308
$1,700,000
For Sale
$1,700,000
Two ground-floor commercial spaces pair with upper-level residential apartments, plus assigned parking for tenants and customers.
Property Size7,087 SF
Price / SF$239.88
Days on Market171
Property Features for 3321 NE 33rd Street
General Information
- Standard status
- Active
- Size
- 7,087 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1974
Listing agency
The Cove Guspav Realty
(954) 275-0298
Listed by
Gustavo Pavone · License #3459460
(954) 275-0298
Source
Xome
Added: Feb 1 Updated: Jul 22 at 12:53AM Checked: Jul 22 at 3:44AM
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 The Cove Guspav Realty
Investment Insights
Based on property information with market context.
This mixed-use property combines two ground-floor commercial spaces with residential apartments on the upper level. The configuration supports a live-and-work layout for an owner-occupant or a diversified income approach for an investor, with each floor functioning as distinct rental space.
The property is located in Fort Lauderdale, described as minutes from the beach and major roadways, with nearby dining and shopping.
The offering includes assigned parking, providing dedicated convenience for both residents and commercial tenants.
The property is located in Fort Lauderdale, described as minutes from the beach and major roadways, with nearby dining and shopping.
The offering includes assigned parking, providing dedicated convenience for both residents and commercial tenants.
Key Highlights
- Two ground‑floor commercial spaces with upper‑level residential apartments in a mixed‑use setup
- Zoned CB
- Central air cooling
Local Financial Insights For Retail
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 | $195.6k | $27.60 |
| − Vacancy | −$15.3k | −$2.15 |
| EGI | $180.3k | $25.45 |
| − OpEx | −$54.1k | −$7.63 |
| NOI | $126.2k | $17.81 |
7,087 SF · lease $27.60/SF/yr · vacancy 7.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.80M
$1.58M – $2.10M
NOI $126,241 @ 7.0% cap · market cap 7.43%
Second Best
Mixed Use
$1.55M
$1.36M – $1.81M
NOI $108,750 @ 7.0% cap · market cap 6.40%
Theoretical Best
Office A
$4.76M
$4.17M – $5.56M
NOI $333,372 @ 7.0% cap · market cap 19.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Kitchen & Bathroom Remodeling ...
Hardware & Home Improvement
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Two ground-floor commercial spaces pair with upper-level residential apartments, plus assigned parking for tenants and customers.
Where is this mixed-use property located?
The property is located at 3321 NE 33rd Street Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Two ground‑floor commercial spaces with upper‑level residential apartments in a mixed‑use setup; Zoned CB; Central air cooling
