Office Building for
For Sale
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520 NE 13TH Street, Fort Lauderdale, FL 33304
Commercial office building for sale at 520 NE 13th Street in Fort Lauderdale.
Property Size7,677 SF
Price / SF$0.01
Days on Market96
Property Features for 520 NE 13TH Street
General Information
Standard status
Active
Size
7,677 SF
Property subtype
Office
Site & Location
Neighborhood
Cpca
Building Details
Year Built
1956
Listing Agency:
Native Realty Co.
Listed By:
Jaime Sturgis · License #3246270
(954) 595-2999
Source:
Lehmannflorida
Added: Jul 22
Changed: Oct 25
Last Checked: Oct 24 at 5:27PM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office building at 520 NE 13th Street in Fort Lauderdale, Florida is being offered for sale. The property totals 7,677 square feet, providing a dedicated commercial footprint suitable for a range of office uses.
The building’s address places it in Fort Lauderdale, offering straightforward access for tenants and visitors within the city. Additional building details such as layout, condition, and current occupancy are not provided in the available information, so interested parties should confirm specifics during due diligence.
For prospective buyers, the primary takeaway is the building’s defined size and standalone commercial offering as an office asset in Fort Lauderdale.
The building’s address places it in Fort Lauderdale, offering straightforward access for tenants and visitors within the city. Additional building details such as layout, condition, and current occupancy are not provided in the available information, so interested parties should confirm specifics during due diligence.
For prospective buyers, the primary takeaway is the building’s defined size and standalone commercial offering as an office asset in Fort Lauderdale.
Key Highlights
- Commercial office building for sale at 520 NE 13th Street, Fort Lauderdale
- Built in 1956
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$220,545
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,410,900
$4.4M
Cap Rate 7%
$3,150,643
$3.2M
Cap Rate 9%
$2,450,500
$2.5M
Market Conditions
NOI Build-Up for 7,677 SF
Gross rent
$350.1K $45.60/SF
− Vacancy
−$56.0K −$7.30/SF
EGI
$294.1K $38.30/SF
− OpEx
−$73.5K −$9.58/SF
NOI
$220.5K $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%
$4,410,900
Cap Rate 7%
$3,150,643
Cap Rate 9%
$2,450,500
Alternative Uses
Best Use
Office B
$3.15M
$2.76M – $3.68M
NOI $220,545 @ 7.0% cap · market cap 490,100.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.16M
$4.51M – $6.02M
NOI $361,126 @ 7.0% cap · market cap 802,502.22%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,167
Businesses Nearby
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Business Placement
Demographics for 33304, FL
19,978
Population
12,367
Households
1.6
Avg Household Size
46
Median Age
51%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
6,445
Density / Sq Mi
$84,951
Median Household Income
$55,527
Median Earnings
$1,727
Median Rent
$556,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Fort Lauderdale, FL
Frequently Asked Questions
What type of property is this?
Office building - Commercial office building for sale at 520 NE 13th Street in Fort Lauderdale.
Where is this office building located?
The property is located at 520 NE 13TH Street Fort Lauderdale, FL.
What are key features of this property?
This property features: Commercial office building for sale at 520 NE 13th Street, Fort Lauderdale; Built in 1956
