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    701 Las Olas Blvd Fort Lauderdale, FL 33312

    For Sale
    $1,900,000

    Three Units, Walk to Arts District

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional investment opportunity presents three office units totaling 4,376 square feet, ideally situated at 701 W Las Olas Boulevard in Fort Lauderdale, Florida, 33312. The property boasts a highly desirable location, offering unparalleled convenience and accessibility. Its prime position places it within walking distance of the Broward Center for the Performing Arts and the scenic waterway, ensuring high visibility and attracting a diverse clientele. The proximity to Himmarshee Village further enhances its appeal, providing easy access to a vibrant hub of restaurants, shops, and entertainment. The asking price for this exceptional property is $1,900,000. The building consists of three separate units, offering flexibility for various business needs or potential for future development. Please note that the lot size is not specified and existing tenants should not be disturbed. This presents a rare chance to acquire a well-located, established office property in a thriving area of Fort Lauderdale. Serious inquiries only.

    Property Features for 701 Las Olas Blvd

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Units
    3

    HighLights

    • Asking Price: $1,900,000
    • Property Type: Three‑unit office building
    • Location: 701 W Las Olas Boulevard, Fort Lauderdale, FL 33312
    • Building Size: 4,376 square feet
    • Prime Location: Walking distance to Broward Center for the Performing Arts, the waterway, and Himmarshee Village.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Chimney House - Grill ... Latin American Restaurant Coomi Jewelry Store The Inspiration Co. Jewelry Store Sébastien Larochelle Artist

    Suggested Use

    Restaurant Spa & Massage Realty agency Dental Office Hair Salon Nail Salon 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
    -80.1506071
    Latitude
    26.1190297

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    FAQs

    What type of property is this?
    Office Property / Space - Three Units, Walk to Arts District
    Where is this office property / space located?
    The property is located at 701 Las Olas Blvd Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: Asking Price: $1,900,000; Property Type: Three-unit office building; Location: 701 W Las Olas Boulevard, Fort Lauderdale, FL 33312
    Request Owner's contact information
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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
    701 Las Olas Blvd Fort Lauderdale, FL 33312
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