Brick Mixed-Use
For Sale
$2,350,000
8 SE 8th St, Fort Lauderdale, FL 33316
Mixed-use zoning supports office operations with an upstairs configuration that can accommodate live-work use.
Property Size2,494 SF
Price / SF$942.26
Days on Market48
Property Features for 8 SE 8th St
General Information
Standard status
Active
Size
2,494 SF
Site & Location
Neighborhood
Dfca
Building Details
Year Built
1963
Listing Agency:
RE/MAX Consultants Realty 1
Listed By:
Howard Goldberg PA · License #3264502
(954) 937-1790
Source:
Thepennteam
Added: Sep 11
Changed: Oct 26
Last Checked: Oct 7 at 4:09PM
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 RE/MAX Consultants Realty 1
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Investment Insights
Based on property information with market context.
Located at 8 SE 8th St in Fort Lauderdale, this 2,494-square-foot brick mixed-use property was built in 1963 and features a 2016 roof. The lower level is arranged for office use with a reception area, three offices, three bathrooms, and a kitchen. The upper floor is currently configured as office space and was originally used as a home, creating flexibility for a live-work arrangement. Existing washer, dryer, and stove connections remain upstairs.
The property includes a remote security gate serving the rear parking area, an alarm system, and solar cell lighting. It is positioned in the downtown Fort Lauderdale business district near beaches, FLL Airport, local parks, Publix, and dining along Las Olas Boulevard.
The property includes a remote security gate serving the rear parking area, an alarm system, and solar cell lighting. It is positioned in the downtown Fort Lauderdale business district near beaches, FLL Airport, local parks, Publix, and dining along Las Olas Boulevard.
Key Highlights
- 2,494 SF brick mixed‑use building at 8 SE 8th St
- Built in 1963 with a 2016 roof
- Mixed‑use zoning with office configuration on both levels
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,648
Cap Rate
3.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,432,960
$1.4M
Cap Rate 7%
$1,023,543
$1.0M
Cap Rate 9%
$796,089
$796.1K
Market Conditions
NOI Build-Up for 2,494 SF
Gross rent
$113.7K $45.60/SF
− Vacancy
−$18.2K −$7.30/SF
EGI
$95.5K $38.30/SF
− OpEx
−$23.9K −$9.58/SF
NOI
$71.6K $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%
$1,432,960
Cap Rate 7%
$1,023,543
Cap Rate 9%
$796,089
Alternative Uses
Best Use
Office B
$1.02M
$895.6K – $1.19M
NOI $71,648 @ 7.0% cap · market cap 3.05%
Second Best
Mixed Use
$546.7K
$478.4K – $637.8K
NOI $38,270 @ 7.0% cap · market cap 1.63%
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M
NOI $117,318 @ 7.0% cap · market cap 4.99%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
6,741
Businesses Nearby
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Business Placement
Demographics for 33316, FL
12,669
Population
8,946
Households
1.4
Avg Household Size
50
Median Age
54%
College-Educated
95%
High-School Grad
4.1 sq mi
ZIP Area
3,090
Density / Sq Mi
$89,200
Median Household Income
$52,992
Median Earnings
$2,047
Median Rent
$793,500
Median Home Value
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Market
Vacancy Rate% for Office in Fort Lauderdale, FL
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use zoning supports office operations with an upstairs configuration that can accommodate live-work use.
Where is this mixed-use property located?
The property is located at 8 SE 8th St Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: 2,494 SF brick mixed‑use building at 8 SE 8th St; Built in 1963 with a 2016 roof; Mixed‑use zoning with office configuration on both levels
