5300-5310 33Rd Ave Fort Lauderdale, FL 33309
- Office buildings
- 55,514 SF
- 6.19 lot acres
Current Use by Public Records
- Office buildings
Property Details for 5300-5310 33Rd Ave
- Year built
- 1985
- Construction
- CONCRETE
- Lot size
- 6.19 lot acres
- Property size
- 55,514 SF
- Zone code
- CC
- Property type
- Office buildings
- APN
- 49-42-18-16-0070
- APU
- 494218160070
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.1914
- Latitude
- 26.1906
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
