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Ground-Floor Office Condominium
For Sale
$499,000
Pending

4800 N State Rd 7, Lauderdale Lakes, FL

SINGLE_FAMILY - Lauderdale Lakes, FL

Property Size1,300 SF
Days on Market50

Property Features for 4800 N State Rd 7

General Information

Property type Residential
Property subtype Office
Zoning OP
Parking 84
Security features Security Lighting
Directions From I-95, take Commercial Blvd (Exit 33) and head west approximately 3 miles to State Road 7 (US-441). Turn north on SR-7; property is just ahead on the 4800 block.
Subdivision 3550
Standard status Pending
APN 494218ac0066
Size 1,300 SF

Taxes and HOA fees

Tax Year 2025
Tax Description HEADWAY CONDO UNIT F-107 PER AMCDO CIN #105836082
Tax Annual Amount 5617
Legal Description HEADWAY CONDO UNIT F-107 PER AMCDO CIN #105836082

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1984
Floors in Building 1
Number of units 1
Flooring type Tile, Carpet
Building materials Block, CBS
Roof type Composition
Listing Agency: Compass Florida LLC
Listed By: Brad Kuskin · License #3333122
Added: Jun 16 Changed: Jul 30 Last Checked: Aug 4 at 11:06PM
MLS# B26041898

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Ground-floor office condominium offering 1,300 SF of ground-level workspace. The interior layout includes multiple private offices, an open work area, reception space, and a private restroom. The unit is delivered vacant, with direct exterior entry for convenient access. The building is single-story and professionally maintained, constructed with block/CBS. Finishes include tile and carpet flooring, with central heating and central air. Public water and public sewer services are provided, and the roof is composition.

The property is located on the State Road 7 corridor at 4800 N State Rd 7 in Lauderdale Lakes, FL. Prominent corridor frontage supports visibility, and the site offers ample parking of over four spaces per 1,000 SF.

Built in 1984, this is a small, owner-occupant friendly office condominium format suited to medical, wellness, or professional uses where a ground-level, adaptable office layout is beneficial.

Key Highlights

  • 1,300 SF ground‑floor office condominium with multiple private offices
  • Direct exterior entry for convenient access
  • Reception, open work area, and private restroom within the unit

Financial Insights For Office B

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 $59.3k $45.60
− Vacancy −$13.3k −$10.26
EGI $45.9k $35.34
− OpEx −$11.5k −$8.84
NOI $34.5k $26.51
1,300 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$492.2K
$430.7K – $574.3K (±1% cap)
NOI $34,457 @ 7.0% cap · market cap 6.91%
Second Best
Healthcare Medical
$244.7K
$214.1K – $285.5K (±1% cap)
NOI $17,129 @ 7.0% cap · market cap 3.43%
Theoretical Best
Office A
$659.5K
$577.1K – $769.5K (±1% cap)
NOI $46,168 @ 7.0% cap · market cap 9.25%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Building Supply Dental Office Real Estate Agency Garden Center Parking Lot & Garage Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,853
Businesses Nearby

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Ground-floor office condominium in zoning OP with direct exterior entry, central HVAC, and public water and sewer.
Where is this office units located?
The property is located at 4800 N State Rd 7 Lauderdale Lakes, FL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 1,300 SF ground‑floor office condominium with multiple private offices; Direct exterior entry for convenient access; Reception, open work area, and private restroom within the unit
More about this property
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