Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    701 Federal Hwy Fort Lauderdale, FL 33304

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Apartment building with retail parking and immediate delivery.

    Type:Retail
    Property size:
    2,743 SF
    Added:
    Nov 22, 2025
    Days on Market:
    135
    Last Refresh:
    Apr 5 at 9:03 pm

    Property Features for 701 Federal Hwy

    General Information

    Standard status
    Active
    Size
    2,743 SF
    Property subtype
    Retail

    Spaces For Lease

    at 701 Federal Hwy Contact us

    We can help!

    Listing Contact
    Patxi Diaz

    Listing agent Patxi Diaz

    Listing office

    Listing date Nov 22, 2025

    Source Cbre

    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 Patxi Diaz

    Overview

    Apartment Building with Parking Garage

    This property features 331 rental apartments and a 5-level parking garage. It includes 84 exclusive retail parking spaces. The property offers immediate delivery and has a size of 2743 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sparks HVAC HVAC Service Grain and Berry - Fort ... Specialty Food Shop ATM Atm Phat Boy Sushi, ... Restaurant

    Suggested Use

    Restaurant Spa & Massage Center Dental Office Real Estate Agency Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center Law Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Cabot East Broward Lease Co — 110 E Broward Blvd, Fort Lauderdale, FL 33301
    • Drive 2 Earn — 800 E Broward Blvd #701, Fort Lauderdale, FL 33301, United States
    • Rent a Car Fort Lauderdale | ClavisCar — 500 E Broward Blvd Suite 127, Fort Lauderdale, FL 33394, United States
    • ASA Boat Trailer Rental — 100 SE 3rd Ave Suite 1000, Fort Lauderdale, FL 33394
    • Kyte | Rental Cars Delivered to You — 200 E Broward Blvd, Fort Lauderdale, FL 33301

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1375
    Latitude
    26.1129

    Nearby Similar for Lease

    • Contact for pricing

      Downtown Fort Lauderdale Office Space

      Full-service office space near courthouse in downtown Fort Lauderdale.
      800 SE 3rd Ave, Fort Lauderdale, FL 33316
      View Details
    • Contact for pricing

      Downtown Fort Lauderdale Office Space

      Full-service office space near courthouse in downtown Fort Lauderdale.
      800 SE 3rd Ave, Fort Lauderdale, FL 33316
      View Details
    • Contact for pricing

      Downtown Fort Lauderdale Office Space

      Full-service office near courthouse, ideal for legal or professional services.
      800 SE 3rd Ave, Fort Lauderdale, FL 33316
      View Details
    • Contact for pricing

      High Visibility Retail Space Available

      Retail space with high visibility and easy highway access.
      1744 E Commercial Blvd, Fort Lauderdale, FL 33334
      View Details
    • Contact for pricing

      Downtown Fort Lauderdale Office Space

      Full-service office space near courthouse in downtown Fort Lauderdale.
      800 SE 3rd Ave, Fort Lauderdale, FL 33316
      View Details
    • Contact for pricing

      Renovated Commercial Unit in Hollywood

      Turnkey space ideal for various professional uses in Hollywood.
      5980 SW 40th Ave, Fort Lauderdale, FL 33312
      View Details
    • $18/mo

      Move-in Ready Fort Lauderdale Office

      Centrally located, furnished office space with flexible lease terms.
      1845 Cordova Rd, Fort Lauderdale, FL 33316
      View Details
    • $2,200,000/mo

      Renovated Mixed-Use Waterfront Property

      Turn-key mixed-use property with waterfront views and private dock.
      2200 NE 26th Street, Wilton Manors, FL 33305
      View Details
    • $25/mo

      Fort Lauderdale Medical/Office Space

      Adaptable, high-visibility space in central Fort Lauderdale location.
      2466 E Commercial Boulevard 102-103, Fort Lauderdale, FL 33308
      View Details
    • $15/mo

      Spacious Corner Office in Fort Lauderdale

      Renovated office space with private entrance and ample parking.
      5420 NW 33rd Ave, Fort Lauderdale, FL 33309
      View Details
    • $15/mo

      Fort Lauderdale Flex Space Available

      Spacious flex space with office and warehouse components for lease.
      5420 NW 33rd Ave, Fort Lauderdale, FL 33309
      View Details
    • Contact for pricing

      Fort Lauderdale Assisted Living Facility

      2,892 SF facility ideal for assisted living.
      2953 NW 10th Ct, Fort Lauderdale, FL 33311
      View Details

    FAQs

    What type of property is this?
    Parking lot & garage - Apartment building with retail parking and immediate delivery.
    Where is this parking lot & garage located?
    The property is located at 701 Federal Hwy Fort Lauderdale, FL.
    What are key features of this property?
    This property features: 331 rental apartments; 5‑level parking garage; Immediate delivery
    We can help!
    Listing Contact
    Patxi Diaz
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!