Office Suite with Private
New
For Sale
$460,000
901 S FEDERAL Highway #102, Fort Lauderdale, FL 33316
A 1,155-square-foot office unit includes two private garage spaces and access to 25 common surface spaces.
Property Size1,155 SF
Price / SF$398.27
Days on Market6
Property Features for 901 S FEDERAL Highway #102
General Information
Standard status
Active
Size
1,155 SF
Total Parking Spaces
2
Property subtype
Office
Site & Location
Neighborhood
Dfca
Additional Details
Condition
Built-Out
Property Use
Office
Building Details
Year Built
1963
Listing Agency:
Southern Commercial Properties
Listed By:
Albert C D'Agostino · License #510467
(954) 970-4411
Source:
Lehmannflorida
Added: Oct 30
Changed: Nov 3
Last Checked: Nov 3 at 6:47AM
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 Southern Commercial Properties
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Investment Insights
Based on property information with market context.
This office suite offers 1,155 square feet of built-out workspace in a building constructed in 1963. The unit includes two private garage parking spaces, with 25 common surface spaces available to occupants.
The property is three blocks from the Broward County Courthouse and within walking distance of the Federal Courthouse, placing it near both county and federal court facilities in downtown Fort Lauderdale.
The property is three blocks from the Broward County Courthouse and within walking distance of the Federal Courthouse, placing it near both county and federal court facilities in downtown Fort Lauderdale.
Key Highlights
- 1,155‑square‑foot built‑out office suite
- Two private garage parking spaces
- Access to 25 common surface parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,181
Cap Rate
7.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$663,620
$663.6K
Cap Rate 7%
$474,014
$474.0K
Cap Rate 9%
$368,678
$368.7K
Market Conditions
NOI Build-Up for 1,155 SF
Gross rent
$52.7K $45.60/SF
− Vacancy
−$8.4K −$7.30/SF
EGI
$44.2K $38.30/SF
− OpEx
−$11.1K −$9.58/SF
NOI
$33.2K $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%
$663,620
Cap Rate 7%
$474,014
Cap Rate 9%
$368,678
Alternative Uses
Best Use
Office B
$474.0K
$414.8K – $553.0K
NOI $33,181 @ 7.0% cap · market cap 7.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$776.2K
$679.1K – $905.5K
NOI $54,331 @ 7.0% cap · market cap 11.81%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
4,340
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?
Office unit - A 1,155-square-foot office unit includes two private garage spaces and access to 25 common surface spaces.
Where is this office unit located?
The property is located at 901 S FEDERAL Highway #102 Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: 1,155‑square‑foot built‑out office suite; Two private garage parking spaces; Access to 25 common surface parking spaces
