Class B+ Multi-Story Office
4901 NW 17th Way, Fort Lauderdale, FL 33309
For Sale
Contact for pricing
Six-story office building with 24-hour electronic access, updated common areas, and separately metered electric for each suite.
Property Size80,000 SF
Price / SF$0.00
Days on Market139
Property Features for 4901 NW 17th Way
General Information
Standard status
Size
Class
Total Parking Spaces
Property subtype
Lease Term
Additional Details
Highway Access
Building Details
Building Size
Year Built
Stories
Properties For Sale
at 4901 NW 17th Way Contact us4901 NW 17th Way Suite 306
Size
1,268 SF
Type
Office Building
Term
Negotiable
4901 NW 17th Way Suite 402
Size
1,615 SF
Type
Office Building
Term
Negotiable
Listing Agency:
Levy Realty Advisors LLC
Listed By:
Josh Levy · License FL SL3368111
(954) 491-5505
Source:
Levyrealtyadvisors
Added: Jun 25
Changed: Nov 6
Last Checked: Nov 10 at 7:49AM
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 Levy Realty Advisors LLC
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Investment Insights
Based on property information with market context.
The Spectrum Building is a six-story, mid-rise office property totaling 80,000 square feet. The lobby features a skylight atrium, and the building includes updated common areas and restrooms, along with individual suites. Tenants benefit from 24-hour access supported by electronic security systems tailored to each tenant. Suites are delivered with individually controlled air conditioning and the building is wired with fiber optic through FPL Fiber Net.
The property is located about 1 mile west of I-95 off Commercial Boulevard and roughly 3 miles east of the Turnpike. The building sits across the street from the Fort Lauderdale Executive Airport and an international soccer stadium, with nearby amenities and restaurants supporting a corporate atmosphere.
This building is well suited for office users that need secure, around-the-clock access and suite-level climate control. Support services are in place through day and night janitorial and landlord-provided HVAC maintenance, and electric service is separately metered by space. Parking is plentiful with a ratio of 4 spaces per 1,000 square feet, and the on-site management office on the first floor is positioned to handle day-to-day property needs.
The property is located about 1 mile west of I-95 off Commercial Boulevard and roughly 3 miles east of the Turnpike. The building sits across the street from the Fort Lauderdale Executive Airport and an international soccer stadium, with nearby amenities and restaurants supporting a corporate atmosphere.
This building is well suited for office users that need secure, around-the-clock access and suite-level climate control. Support services are in place through day and night janitorial and landlord-provided HVAC maintenance, and electric service is separately metered by space. Parking is plentiful with a ratio of 4 spaces per 1,000 square feet, and the on-site management office on the first floor is positioned to handle day-to-day property needs.
Key Highlights
- Six‑story office building totaling 80,000 SF, built in 1981
- Located 1 mile west of I‑95 off Commercial Boulevard and 3 miles east of the Turnpike
- Across from Fort Lauderdale Executive Airport and an international soccer stadium
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,298,240
Suggested Prices Based on Cap Rates
Cap Rate 5%
$45,964,800
$46.0M
Cap Rate 7%
$32,832,000
$32.8M
Cap Rate 9%
$25,536,000
$25.5M
Market Conditions
NOI Build-Up for 80,000 SF
Gross rent
$3.65M $45.60/SF
− Vacancy
−$583.7K −$7.30/SF
EGI
$3.06M $38.30/SF
− OpEx
−$766.1K −$9.58/SF
NOI
$2.30M $28.73/SF
Area
Fort Lauderdale, FL
Vacancy
16.00%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$45,964,800
Cap Rate 7%
$32,832,000
Cap Rate 9%
$25,536,000
Alternative Uses
Best Use
Office B
$32.83M
$28.73M – $38.30M
NOI $2,298,240 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$53.76M
$47.04M – $62.72M
NOI $3,763,200 @ 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
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,714
Businesses Nearby
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
$309,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Fort Lauderdale, FL
Properties on Market for Office buildings in Fort Lauderdale
Vacancy Rate% for Office in Fort Lauderdale, FL
Frequently Asked Questions
What type of property is this?
Office building - Six-story office building with 24-hour electronic access, updated common areas, and separately metered electric for each suite.
Where is this office building located?
The property is located at 4901 NW 17th Way Fort Lauderdale, FL.
What are key features of this property?
This property features: Six‑story office building totaling 80,000 SF, built in 1981; Located 1 mile west of I‑95 off Commercial Boulevard and 3 miles east of the Turnpike; Across from Fort Lauderdale Executive Airport and an international soccer stadium
