Corner Retail
For Sale
$430,000
8717-8723 NW 50, Lauderhill, FL 33351
Commercial Sale, Lauderhill, FL
Property Size1,445 SF
Price / SF$297.58
Days on Market92
Property Features for 8717-8723 NW 50
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
COMMERCIAL
Security features
Security, Security Lighting
Exterior features
Storm/Security Shutters
Subdivision
3840
Standard status
Active
APN
049411AE0010
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Corner Location
Yes
Taxes and HOA fees
Tax Description
B-PLAZA CONDOMINIUM UNIT 1-2 PER CDO BK/PG 34684/978
HOA Fee
$1,400 Quarterly
Legal Description
B-PLAZA CONDOMINIUM UNIT 1-2 PER CDO BK/PG 34684/978
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
loading area
Building Details
Year built
2003
Floors in Building
1
Flooring type
Tile - Ceramic
Building materials
Block
Roof type
Concrete
Listing Agency:
United Realty Group Inc
(954) 450-2000
Listed By:
Alexis Poveda · License #3038679
(305) 409-2309
Added: Jul 30
Changed: Oct 26
Last Checked: Oct 29 at 3:06AM
MLS# A11904528
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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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 offering includes two corner retail units totaling 1,445 SF within a shopping center. The sale covers the real estate only; the existing convenience-store business is excluded. The space features ceramic tile flooring, block construction, central air conditioning, electric heat, concrete roofing, and storm/security shutters.
The property includes 3 assigned parking spaces and a loading area serving the unit. Public water and public sewer are in place, providing established utility service for the commercial space.
The property includes 3 assigned parking spaces and a loading area serving the unit. Public water and public sewer are in place, providing established utility service for the commercial space.
Key Highlights
- Two corner retail units totaling 1,445 SF
- Real estate sale excludes the existing convenience‑store business
- 3 assigned parking spaces plus a loading area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,434
Cap Rate
5.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$488,680
$488.7K
Cap Rate 7%
$349,057
$349.1K
Cap Rate 9%
$271,489
$271.5K
Market Conditions
NOI Build-Up for 1,445 SF
Gross rent
$38.1K $26.40/SF
− Vacancy
−$3.2K −$2.24/SF
EGI
$34.9K $24.16/SF
− OpEx
−$10.5K −$7.25/SF
NOI
$24.4K $16.91/SF
Area
Broward County, FL
Vacancy
8.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$488,680
Cap Rate 7%
$349,057
Cap Rate 9%
$271,489
Alternative Uses
Best Use
Retail
$349.1K
$305.4K – $407.2K
NOI $24,434 @ 7.0% cap · market cap 5.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$733.1K
$641.5K – $855.3K
NOI $51,318 @ 7.0% cap · market cap 11.93%
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
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
711
Businesses Nearby
34k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Shops & Services 34%
Electronics 10%
Beauty & Spa 2%
Wendy's
Dining
13,194 visits/mo
0.5 miles
Marathon
Shops & Services
6,042 visits/mo
0.4 miles
Little Caesars Pizza
Dining
3,786 visits/mo
0.5 miles
Mobil
Shops & Services
3,482 visits/mo
0.0 miles
Metro by T-Mobile
Electronics
3,366 visits/mo
0.5 miles
Demographics for 33351, FL
36,913
Population
13,843
Households
2.7
Avg Household Size
38
Median Age
31%
College-Educated
92%
High-School Grad
5.5 sq mi
ZIP Area
6,711
Density / Sq Mi
$68,996
Median Household Income
$40,013
Median Earnings
$1,881
Median Rent
$352,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Two corner units in a maintained shopping center with customer parking and dedicated loading access.
Where is this retail space located?
The property is located at 8717-8723 NW 50 Lauderhill, FL.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Two corner retail units totaling 1,445 SF; Real estate sale excludes the existing convenience‑store business; 3 assigned parking spaces plus a loading area
