Office/Warehouse Flex
4600 NE 11th Avenue #4712, Oakland Park, FL 33301
For Sale
Contact for pricing
Two-level configuration includes private offices, a restroom, storage, and flexible workspace.
Property Size25,969 SF
Price / SF$0.13
Days on Market111
Property Features for 4600 NE 11th Avenue #4712
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Building Details
Stories
Listing Agency:
ESA Realty Inc
(786) 450-7571
Listed By:
Andrea Alvarado · License FL #3517320
(786) 450-7565
Source:
Lehmannflorida
Added: Jul 25
Changed: Nov 10
Last Checked: Nov 12 at 7:21AM
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 ESA Realty Inc
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Investment Insights
Based on property information with market context.
This 25,969-square-foot flex space offers a functional office/warehouse configuration with a reception and lobby area, two private offices, one restroom, and a storage room on the first floor. The second floor includes a spacious mezzanine with a large private office or conference room and additional flexible workspace. The warehouse is equipped with an overhead door.
Located in Oakland Park at 4600 NE 11th 4712 Unit 4712, the property provides access to I-95, Commercial Blvd., and Fort Lauderdale Executive Airport. The layout combines finished office areas with warehouse functionality for a range of commercial operations.
Located in Oakland Park at 4600 NE 11th 4712 Unit 4712, the property provides access to I-95, Commercial Blvd., and Fort Lauderdale Executive Airport. The layout combines finished office areas with warehouse functionality for a range of commercial operations.
Key Highlights
- 25,969‑square‑foot office/warehouse flex space
- Reception/lobby area, two private offices, one restroom, and storage room on the first floor
- Second‑floor mezzanine with large private office or conference room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$273,727
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,474,540
$5.5M
Cap Rate 7%
$3,910,386
$3.9M
Cap Rate 9%
$3,041,411
$3.0M
Market Conditions
NOI Build-Up for 25,969 SF
Gross rent
$445.6K $17.16/SF
− Vacancy
−$24.5K −$0.94/SF
EGI
$421.1K $16.22/SF
− OpEx
−$147.4K −$5.68/SF
NOI
$273.7K $10.54/SF
Area
Broward County, FL
Vacancy
5.50%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,474,540
Cap Rate 7%
$3,910,386
Cap Rate 9%
$3,041,411
Alternative Uses
Best Use
Office B
$11.83M
$10.36M – $13.81M
NOI $828,424 @ 7.0% cap
Second Best
Warehouse
$6.05M
$5.30M – $7.06M
NOI $423,645 @ 7.0% cap
Theoretical Best
Office A
$13.18M
$11.53M – $15.37M
NOI $922,262 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,795
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Flex space in Oakland Park
Vacancy Rate% for Office in South region
Similar Off Market Nearby
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- Chef2You — 4072 NE 5th Terrace, Oakland Park, FL 33334
- Island Palate 2GO — 4072 NE 5th Terrace, Oakland Park, FL 33334
- Fly Guys Catering — 4072 NE 5th Terrace, Oakland Park, FL 33334
Frequently Asked Questions
What type of property is this?
Flex space - Two-level configuration includes private offices, a restroom, storage, and flexible workspace.
Where is this flex space located?
The property is located at 4600 NE 11th Avenue #4712 Oakland Park, FL.
What are key features of this property?
This property features: 25,969‑square‑foot office/warehouse flex space; Reception/lobby area, two private offices, one restroom, and storage room on the first floor; Second‑floor mezzanine with large private office or conference room
