Freestanding Showroom Retail
New
For Sale
$1,999,000
700 NE 13th St, Fort Lauderdale, FL 33304
Corner property with expansive windows, private offices, storage, and kitchen-equipped break area.
Property Size6,076 SF
Price / SF$328
Days on Market3
Property Features for 700 NE 13th St
General Information
Standard status
Active
Size
6,076 SF
Site & Location
Corner Location
Yes
Road Access
Yes
Building Details
Year Built
1954
Buildings
1
Building Size
5,405 SF
Listing Agency:
Native Realty Co.
(954) 595-2999
Listed By:
Jaime Sturgis · License #3246270
Source:
Mymiahomes
Added: Jul 30
Changed: Jul 31
Last Checked: Jul 31 at 7:50PM
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.
Investment Insights
Based on property information with market context.
Freestanding showroom and retail building positioned at 700 NE 13th Street in Fort Lauderdale, at the corner of NE 13th Street and Dixie Highway. The property was built in 1954 and features expansive windows, contemporary finishes, numerous private offices and rooms, storage areas, and a break area with kitchen facilities.
The corner location provides exposure to vehicular and pedestrian traffic along the 13th Street corridor and includes signage opportunities. The flexible interior configuration supports showroom, retail, and office functions within a single commercial building.
The corner location provides exposure to vehicular and pedestrian traffic along the 13th Street corridor and includes signage opportunities. The flexible interior configuration supports showroom, retail, and office functions within a single commercial building.
Key Highlights
- Freestanding showroom and retail building at 700 NE 13th Street
- Corner location at NE 13th Street and Dixie Highway
- Expansive windows provide natural light
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 | $277.1k | $45.60 |
| − Vacancy | −$44.3k | −$7.30 |
| EGI | $232.7k | $38.30 |
| − OpEx | −$58.2k | −$9.58 |
| NOI | $174.6k | $28.73 |
6,076 SF · lease $45.60/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.49M
$2.18M – $2.91M
NOI $174,551 @ 7.0% cap · market cap 8.73%
Second Best
Retail
$1.55M
$1.35M – $1.80M
NOI $108,232 @ 7.0% cap · market cap 5.41%
Theoretical Best
Office A
$4.08M
$3.57M – $4.76M
NOI $285,815 @ 7.0% cap · market cap 14.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,497
Businesses Nearby
Under-served
Demand for This Use
Explore this area
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
Market
Vacancy Rate% for Office in Fort Lauderdale, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Corner property with expansive windows, private offices, storage, and kitchen-equipped break area.
Where is this storefront property located?
The property is located at 700 NE 13th St Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: Freestanding showroom and retail building at 700 NE 13th Street; Corner location at NE 13th Street and Dixie Highway; Expansive windows provide natural light