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    15 9Th Ave Fort Lauderdale, FL 33301

    For Sale
    $3,250,000

    Prime location, redevelopment potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional freestanding office building, located at 15 SE 9th Avenue in Fort Lauderdale, Florida, presents a unique investment opportunity. The property, built in 1960, boasts a total area of 2,252 square feet and sits on a sizable 7,500 square foot lot. Its strategic location, just one block south of Broward Boulevard and two blocks east of US1, offers convenient access to the bustling activity of Downtown Fort Lauderdale while maintaining a tranquil atmosphere on a quiet street. The proximity to the vibrant Las Olas Boulevard, renowned for its diverse culinary and entertainment scene, adds significant appeal. Zoned Residential Office, this property offers considerable redevelopment potential for discerning investors. Ample surface parking is available, ensuring easy access for clients and staff. The building's layout and privacy make it particularly well-suited for businesses such as boutique law firms, architectural practices, or other professional services. The property has been meticulously maintained by its long-term owner, featuring recent upgrades including a new roof and air conditioning system. The asking price is $3,250,000. This property is easily shown and is also available for lease.

    Property Features for 15 9Th Ave

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    1960

    HighLights

    • Freestanding office building, 2,252 sq ft, on a 7,500 sq ft lot in Fort Lauderdale, FL.
    • Located one block south of Broward Blvd and two blocks east of US1, near Las Olas Blvd.
    • Zoned Residential Office, offering redevelopment potential.
    • Ample surface parking.
    • Recently upgraded roof and AC; meticulously maintained.
    • Asking price: $3,250,000; available for sale or lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Blue Realty Of Fort ... Real Estate Agency Rami Dashoush Real ... Real Estate Agent Protective Film Solutions Car Detailing Service Digital Comm Link Store Carnegie Group Real Estate Consultant

    Suggested Use

    Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Realty agency Clothing Store Building Supply Daycare Center 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
    -80.1346536
    Latitude
    26.1219559

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    FAQs

    What type of property is this?
    Office Property / Space - Prime location, redevelopment potential.
    Where is this office property / space located?
    The property is located at 15 9Th Ave Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $3,250,000.
    What are key features of this property?
    This property features: Freestanding office building, 2,252 sq ft, on a 7,500 sq ft lot in Fort Lauderdale, FL.; Located one block south of Broward Blvd and two blocks east of US1, near Las Olas Blvd.; Zoned Residential Office, offering redevelopment potential.
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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
    15 9Th Ave Fort Lauderdale, FL 33301
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