Mixed-Use Property with Office
3400 N Federal Highway, Lighthouse Point, FL 33064
For Sale
Contact for pricing
The office layout includes a reception and waiting area, private offices, and a dedicated staff room.
Property Size1,551 SF
Price / SF$6.45
Days on Market26
Property Features for 3400 N Federal Highway
General Information
Standard status
Size
Property subtype
Site & Location
Frontage
Highway Access
Road Access
Additional Details
Asking Price
Building Details
Year Built
Buildings
Listing Agency:
Coldwell Banker/BR
(561) 395-2233
Listed By:
Jonathan G Postma · License #3199367
(561) 843-7828
Source:
Stoicestates
Added: Oct 15
Changed: Nov 9
Last Checked: Nov 8 at 5:36PM
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/BR
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Investment Insights
Based on property information with market context.
This 1,551-square-foot freestanding commercial building, constructed in 1963, includes a reception and waiting area, private offices, and a staff room. The property is described as suitable for mixed-use occupancy, with retail, showroom, office, and service uses identified in the listing.
The property fronts Federal Highway in Lighthouse Point, with 140 feet of frontage and on-site parking. Its location along a commercial corridor provides direct access from the highway.
The property fronts Federal Highway in Lighthouse Point, with 140 feet of frontage and on-site parking. Its location along a commercial corridor provides direct access from the highway.
Key Highlights
- 140 feet of frontage along Federal Highway
- 1,551 square feet of office space
- Office layout includes reception and waiting area, private offices, and a dedicated staff room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,869
Suggested Prices Based on Cap Rates
Cap Rate 5%
$437,380
$437.4K
Cap Rate 7%
$312,414
$312.4K
Cap Rate 9%
$242,989
$243.0K
Market Conditions
NOI Build-Up for 1,551 SF
Gross rent
$37.2K $24.00/SF
− Vacancy
−$2.2K −$1.44/SF
EGI
$35.0K $22.56/SF
− OpEx
−$13.1K −$8.46/SF
NOI
$21.9K $14.10/SF
Area
Broward County, FL
Vacancy
6.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$437,380
Cap Rate 7%
$312,414
Cap Rate 9%
$242,989
Alternative Uses
Best Use
Office B
$706.8K
$618.5K – $824.6K
NOI $49,478 @ 7.0% cap · market cap 494.78%
Second Best
Mixed Use
$312.4K
$273.4K – $364.5K
NOI $21,869 @ 7.0% cap · market cap 218.69%
Theoretical Best
Office A
$786.9K
$688.5K – $918.0K
NOI $55,082 @ 7.0% cap · market cap 550.82%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,715
Businesses Nearby
Explore this area
Business Placement
Demographics for 33064, FL
62,429
Population
26,641
Households
2.3
Avg Household Size
39
Median Age
29%
College-Educated
82%
High-School Grad
10.2 sq mi
ZIP Area
6,120
Density / Sq Mi
$66,269
Median Household Income
$35,090
Median Earnings
$1,689
Median Rent
$293,100
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Broward County, FL
Properties on Market for Mixed-use properties in Broward County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The office layout includes a reception and waiting area, private offices, and a dedicated staff room.
Where is this mixed-use property located?
The property is located at 3400 N Federal Highway Lighthouse Point, FL.
What are key features of this property?
This property features: 140 feet of frontage along Federal Highway; 1,551 square feet of office space; Office layout includes reception and waiting area, private offices, and a dedicated staff room
