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    5300-5310 33Rd Ave Fort Lauderdale, FL 33309

    Sponsored
    For Sale
    $16,000,000

    Executive Office Building, 103,809 SF

    Property size:
    103,809 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents the Trafalgar Office Plaza, a Class B, two-story executive office complex totaling 103,809 square feet, situated in Fort Lauderdale's Commerce Center at 5300-5310 NW 33rd Ave, 33309. Built in 1986 and extensively renovated in 2018, the property boasts 45 suites ranging from 532 to 7,828 square feet, with the largest contiguous space measuring 11,463 square feet. The campus-style design offers convenient access to I-95, the Florida Turnpike, and Fort Lauderdale Executive Airport. Recent upgrades include energy-efficient LED lighting, elegant marble flooring, and modern electronic access panels. The property offers significant upside potential through increased occupancy and rental rates, and is priced well below replacement cost. Minimal tenant improvements are required for vacant suites. The interior renovations are a must-see, showcasing the property's high-quality finishes and modern amenities. This prime location and the substantial recent improvements make this a compelling investment opportunity in the thriving Fort Lauderdale market. The property's strong foundation and attractive features position it for continued success and significant return on investment.

    Property Features for 5300-5310 33Rd Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    103,809 SF
    Class
    B

    Building Details

    Year Built/Renovated
    1986/2018
    Stories
    2

    HighLights

    • $16,000,000 asking price.
    • 103,809 square foot Class B office building.
    • Two‑story building, constructed in 1986 and renovated in 2018.
    • Significant upside potential through increased occupancy and rents.
    • Features new high‑efficiency LED lighting and recently remodeled interiors.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1913979
    Latitude
    26.1905936

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    FAQs

    What type of property is this?
    Office Property / Space - Executive Office Building, 103,809 SF
    Where is this office property / space located?
    The property is located at 5300-5310 33Rd Ave Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $16,000,000.
    What are key features of this property?
    This property features: $16,000,000 asking price.; 103,809 square foot Class B office building.; Two-story building, constructed in 1986 and renovated in 2018.
    Request Owner's contact information
    5300-5310 33Rd Ave Fort Lauderdale, FL 33309
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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
    5300-5310 33Rd Ave Fort Lauderdale, FL 33309
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