Flex Building with Fenced
For Sale
Contact for pricing
4343 N Andrews Ave, Fort Lauderdale, FL 33309
B-1-zoned commercial property with a flexible layout, updated roofing, and four newer air conditioning units.
Property Size9,100 SF
Lot Size0.36 Acres
Price / SF$236.26
Days on Market157
Property Features for 4343 N Andrews Ave
General Information
Standard status
Active
Size
9,100 SF
Lot size
0.36 Acres
Property subtype
Retail
Zoning
B-1
Investment Type
Owner/User
Additional Details
Fenced Yard
Yes
Amenities
two fenced-in lots
new roof
four new air conditioning units
Building Details
Buildings
1
Building Size
9,100 SF
Listing Agency:
RE/MAX 5 Star Realty
Listed By:
John DeMarco · License #BK3134747
(954) 453-1000
Source:
Crexi
Added: May 14
Changed: Oct 5
Last Checked: Oct 16 at 9:22AM
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 RE/MAX 5 Star Realty
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Investment Insights
Based on property information with market context.
This 9,100 SF flex building occupies a 15,600 SF lot and offers a layout suited to retail, industrial, and office functions. The property includes two fenced-in lots, a new roof, and four new air conditioning units, providing a combination of enclosed space and secured outdoor areas.
Located at 4343 N Andrews Ave in Fort Lauderdale, the property carries B-1 zoning. The zoning supports most retail and commercial uses, including automotive services and restaurants. The property is also within the Oakland Park CRA, where grants of up to $35,000 are available.
Located at 4343 N Andrews Ave in Fort Lauderdale, the property carries B-1 zoning. The zoning supports most retail and commercial uses, including automotive services and restaurants. The property is also within the Oakland Park CRA, where grants of up to $35,000 are available.
Key Highlights
- 9,100 SF building on a 15,600 SF lot
- Two fenced‑in lots provide secured outdoor areas
- New roof and four new air conditioning units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$162,099
Cap Rate
7.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,241,980
$3.2M
Cap Rate 7%
$2,315,700
$2.3M
Cap Rate 9%
$1,801,100
$1.8M
Market Conditions
NOI Build-Up for 9,100 SF
Gross rent
$251.2K $27.60/SF
− Vacancy
−$19.6K −$2.15/SF
EGI
$231.6K $25.45/SF
− OpEx
−$69.5K −$7.63/SF
NOI
$162.1K $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%
$3,241,980
Cap Rate 7%
$2,315,700
Cap Rate 9%
$1,801,100
Alternative Uses
Best Use
Retail
$2.32M
$2.03M – $2.70M
NOI $162,099 @ 7.0% cap · market cap 7.54%
Second Best
Flex RnD
$2.01M
$1.76M – $2.34M
NOI $140,413 @ 7.0% cap · market cap 6.53%
Theoretical Best
Office A
$6.12M
$5.35M – $7.13M
NOI $428,064 @ 7.0% cap · market cap 19.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,942
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33309, FL
37,642
Population
14,783
Households
2.5
Avg Household Size
39
Median Age
23%
College-Educated
85%
High-School Grad
9.7 sq mi
ZIP Area
3,881
Density / Sq Mi
$73,496
Median Household Income
$35,850
Median Earnings
$1,829
Median Rent
$309,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Dang Good Food — 200 NW 34th St, Oakland Park, FL 33309
- JUAN AND ONLY CATERING SERVICES LLC — 4072 NE 5th Terrace, Oakland Park, FL 33334
- Jolani’s Gourmet — 4072 NE 5th Terrace, Oakland Park, FL 33334
- Chef2You — 4072 NE 5th Terrace, Oakland Park, FL 33334
- Island Palate 2GO — 4072 NE 5th Terrace, Oakland Park, FL 33334
Frequently Asked Questions
What type of property is this?
Flex space - B-1-zoned commercial property with a flexible layout, updated roofing, and four newer air conditioning units.
Where is this flex space located?
The property is located at 4343 N Andrews Ave Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: 9,100 SF building on a 15,600 SF lot; Two fenced‑in lots provide secured outdoor areas; New roof and four new air conditioning units
