Property profile

2949 Cypress Creek Rd Fort Lauderdale, FL 33309

OFF-MARKET
Office Spaces
4,354 SF Built 2005
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Property summary

AI-generated overview

This exceptional 4,354 square foot Class A office condo, located at 2949 W Cypress Creek Rd, Fort Lauderdale, FL 33309, presents a unique owner-user opportunity. Built in 2005, this two-story building boasts a newly installed roof (2023) and is currently undergoing exterior painting. The property features four HVAC units (two replaced in 2023) and a fully sprinklered system. The thoughtfully designed layout includes a full kitchen on the first floor and a kitchenette on the second, along with multiple restrooms (including one with a shower). The first floor offers two partner offices, an executive office, a large open area, a spacious kitchen, a waiting room, and storage. The second floor comprises seven offices, a conference room, an open bullpen area, and a kitchenette. The building's convenient location provides easy access to I-95, the Florida Turnpike, and Tri-Rail, as well as numerous restaurants. The property is zoned B-1 and sits on a single lot with excellent ingress and egress, featuring left and right in/out access on Cypress Creek Road and a right out onto 31st Avenue. This vacant property is priced at $1,295,000 ($297.43/sq ft) and represents a compelling investment in a thriving Fort Lauderdale business district.

Property profile

Verified
Property type Office Spaces
Year built 2005
Total area 4,354 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Home Health Care Service
  • Architect
  • Property Management Company
  • Insurance Agency
  • Consultant

Location

2949 Cypress Creek Rd Fort Lauderdale, FL 33309
Fort Lauderdale metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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