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Renovated Office Unit

C106-3015 N Ocean Blvd, Fort Lauderdale, FL 33305

For Sale
$180,000

First-floor office unit with four renovated offices, impact doors and windows, covered parking, and HOA-included internet.

Property Size1,000 SF
Price / SF$180
Days on Market102

Property Features for C106-3015 N Ocean Blvd

General Information

Standard status Active
Size 1,000 SF
Total Parking Spaces 1

Site & Location

Neighborhood Cbha
Road Access Yes

Additional Details

Floor First Floor

Taxes and HOA fees

Annual Taxes $3,856

Amenities

cable
internet
Listing Agency: Century 21 Luxe Homes
Listed By: Stela Leite · License FL B26059081
Source: Exprealty
Added: Aug 1 Changed: Nov 5 Last Checked: Nov 8 at 10:40AM

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 Century 21 Luxe Homes

Rey
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Investment Insights

Based on property information with market context.

This first-floor office unit contains four renovated private offices within a mixed-use commercial and residential building. Current impact doors and windows, cable, and a button desk are included, while internet service is provided through the HOA. One covered parking space accompanies the unit.

The property is located at C106-3015 N Ocean Blvd in Fort Lauderdale along a beachside boulevard, with the building positioned steps from the Ocean. The setting combines a professional office environment with proximity to the waterfront and the surrounding boulevard corridor.

Key Highlights

  • 1,000 square foot first‑floor office unit in a mixed‑use commercial and residential building
  • Four completely renovated offices
  • Current impact doors and windows

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,345
Cap Rate
8.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,900 $306.9K
Cap Rate 7%
$219,214 $219.2K
Cap Rate 9%
$170,500 $170.5K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$26.4K $26.40/SF
− Vacancy
−$1.8K −$1.85/SF
EGI
$24.6K $24.55/SF
− OpEx
−$9.2K −$9.21/SF
NOI
$15.3K $15.34/SF
Area
Fort Lauderdale, FL
Vacancy
7.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,900
Cap Rate 7%
$219,214
Cap Rate 9%
$170,500

Alternative Uses

Best Use
Office B
$410.4K
$359.1K – $478.8K (±1% cap)
NOI $28,728 @ 7.0% cap · market cap 15.96%
Second Best
Mixed Use
$219.2K
$191.8K – $255.8K (±1% cap)
NOI $15,345 @ 7.0% cap · market cap 8.53%
Theoretical Best
Office A
$672.0K
$588.0K – $784.0K (±1% cap)
NOI $47,040 @ 7.0% cap · market cap 26.13%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Restaurant Building Supply Dental Office Auto Repair Shop Big Box & Wholesale Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

236
Businesses Nearby

Demographics for 33305, FL

12,044
Population
8,285
Households
1.5
Avg Household Size
52
Median Age
54%
College-Educated
96%
High-School Grad
2.2 sq mi
ZIP Area
5,475
Density / Sq Mi
$89,944
Median Household Income
$60,924
Median Earnings
$1,850
Median Rent
$558,200
Median Home Value

Market

Average Price Trend$/SF for Office Units in Fort Lauderdale, FL

$262 Jul
$261 Aug
$149 Sep
$187 Oct

Properties on Market for Office Units in Fort Lauderdale

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Fort Lauderdale, FL

11.8% 2019
14.7% 2020
17% 2021
17.5% 2022
17.6% 2023
15.2% 2024
15.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - First-floor office unit with four renovated offices, impact doors and windows, covered parking, and HOA-included internet.
Where is this office unit located?
The property is located at C106-3015 N Ocean Blvd Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: 1,000 square foot first‑floor office unit in a mixed‑use commercial and residential building; Four completely renovated offices; Current impact doors and windows
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