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    6245 Federal Hwy Fort Lauderdale, FL 33308

    Sponsored
    For Sale
    $12,000,000

    Prime Medical/Office Space, High Income Potential

    Property size:
    44,564 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 44,564 square foot multi-tenant office building in Fort Lauderdale, Florida presents a compelling investment opportunity. Located at 6245 N Federal Hwy, this single building property sits on a 1.542-acre lot (APN 494212250010) and boasts a prominent location with excellent visibility on Federal Highway. Constructed in 1990, the building currently enjoys 72% occupancy. The property offers a significant upside potential due to below-market rental rates and the absence of long-term leases. A substantial portion of the building is currently available, providing an ideal opportunity for an owner-user or a savvy investor looking to capitalize on the strong rental market. The ground floor features prime space previously occupied by Wells Fargo Bank, including a drive-through, offering unique possibilities. Additionally, the building's rooftop provides excellent signage opportunities. This property is zoned for medical and traditional office uses, making it a versatile investment in a thriving Florida market. The asking price is $12,000,000. This is a rare chance to acquire a well-located, income-producing asset with substantial growth potential.

    Property Features for 6245 Federal Hwy

    General Information

    Property type
    Medical offices
    Square Feet
    44,564 SF
    Lot Size
    67,170 SF

    Building Details

    Year Built
    1990
    Buildings
    1

    HighLights

    • $12,000,000 asking price.
    • 44,564 square foot office building.
    • Multi‑tenant property with 72% occupancy.
    • Located at 6245 N Federal Hwy, Fort Lauderdale, FL 33308.
    • 1.542‑acre lot.
    • Built in 1990.
    Property Profile Location Intelligence

    Current Use by Public Records

    Richard Adams Roofing Roofing Contractor Serv tech air ... Hvac Contractor Compound College Planning ... Financial Consultant SCHUINA LAW Attorney Greenwood Self Storage ... Self-Storage Facility

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1089832
    Latitude
    26.204999

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    FAQs

    What type of property is this?
    Medical office - Prime Medical/Office Space, High Income Potential
    Where is this medical office located?
    The property is located at 6245 Federal Hwy Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $12,000,000.
    What are key features of this property?
    This property features: $12,000,000 asking price.; 44,564 square foot office building.; Multi-tenant property with 72% occupancy.
    Request Owner's contact information
    6245 Federal Hwy Fort Lauderdale, FL 33308
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    Realmo Value Estimation

    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.

    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.

    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
    6245 Federal Hwy Fort Lauderdale, FL 33308
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