Retail/Office Storefront
For Sale
Contact for pricing
441 NE 5th Avenue Unit 5, Fort Lauderdale, FL 33301
Highly visible storefront suite offering both retail and office use in Fort Lauderdale’s Flagler Village area.
Property Size1,200 SF
Price / SF$2.50
Days on Market118
Property Features for 441 NE 5th Avenue Unit 5
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Retail
Building Details
Year Built
2007
Listing Agency:
Native Realty Co.
(954) 595-2999
Listed By:
Adam S Docktor · License #3261593
(954) 610-0440
Source:
Lehmannflorida
Added: Jun 23
Changed: Oct 16
Last Checked: Oct 16 at 8:08AM
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 retail/office storefront suite is located at the base of Aviah Flagler Village and is presented as a highly visible unit with street-facing presence. The space is described as approximately 1,200 square feet and operates as a combined retail/office opportunity under a long-term lease structure referenced in the remarks.
The property is positioned in Fort Lauderdale’s Flagler Village district, with leasing remarks citing consistent activity from the surrounding mix of residential, office, dining, fitness, and creative businesses.
The suite is identified as Unit 5 at 441 NE 5th Avenue, Fort Lauderdale, FL 33301. The public remarks also indicate a minimum 6-year lease term and rent of $3,000 per month, plus utilities.
The property is positioned in Fort Lauderdale’s Flagler Village district, with leasing remarks citing consistent activity from the surrounding mix of residential, office, dining, fitness, and creative businesses.
The suite is identified as Unit 5 at 441 NE 5th Avenue, Fort Lauderdale, FL 33301. The public remarks also indicate a minimum 6-year lease term and rent of $3,000 per month, plus utilities.
Key Highlights
- ±1,200 SF retail/office storefront suite in Fort Lauderdale’s Flagler Village area
- Highly visible location at the base of Aviah Flagler Village
- Rent is $3,000/month plus utilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,376
Suggested Prices Based on Cap Rates
Cap Rate 5%
$427,520
$427.5K
Cap Rate 7%
$305,371
$305.4K
Cap Rate 9%
$237,511
$237.5K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$33.1K $27.60/SF
− Vacancy
−$2.6K −$2.15/SF
EGI
$30.5K $25.45/SF
− OpEx
−$9.2K −$7.63/SF
NOI
$21.4K $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%
$427,520
Cap Rate 7%
$305,371
Cap Rate 9%
$237,511
Alternative Uses
Best Use
Retail
$305.4K
$267.2K – $356.3K
NOI $21,376 @ 7.0% cap · market cap 712.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$806.4K
$705.6K – $940.8K
NOI $56,448 @ 7.0% cap · market cap 1,881.60%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
7,714
Businesses Nearby
144k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Groceries 30%
Shops & Services 29%
Publix
Groceries
43,214 visits/mo
0.4 miles
McDonald's
Dining
28,940 visits/mo
0.5 miles
7-Eleven
Shops & Services
16,577 visits/mo
0.3 miles
Burger King
Dining
16,099 visits/mo
0.3 miles
Exxon
Shops & Services
12,854 visits/mo
0.4 miles
Demographics for 33301, FL
19,109
Population
13,955
Households
1.4
Avg Household Size
42
Median Age
62%
College-Educated
96%
High-School Grad
2.5 sq mi
ZIP Area
7,644
Density / Sq Mi
$115,421
Median Household Income
$76,365
Median Earnings
$2,341
Median Rent
$751,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Fort Lauderdale, FL
Frequently Asked Questions
What type of property is this?
Retail space - Highly visible storefront suite offering both retail and office use in Fort Lauderdale’s Flagler Village area.
Where is this retail space located?
The property is located at 441 NE 5th Avenue Unit 5 Fort Lauderdale, FL.
What are key features of this property?
This property features: ±1,200 SF retail/office storefront suite in Fort Lauderdale’s Flagler Village area; Highly visible location at the base of Aviah Flagler Village; Rent is $3,000/month plus utilities
