3520 Federal HwyFort Lauderdale, FL 33308

Property Details for 3520 Federal Hwy

Year built

1970

Construction

CONCRETE

Lot size

0.43 AC

Property size (Sq ft)

7,975 SF

Zone code

B-1

Property type

Retail properties

Property subtype

Retail space

APN

49-42-24-07-3720

APU

494224073720

Description

This exceptional 20,000 square foot commercial property, located at 3520 N Federal Hwy in Fort Lauderdale, Florida (zip code 33308), offers a unique blend of retail and industrial space. Built in 1988 and extensively renovated in 2020, the property boasts a flexible layout ideal for a variety of businesses. Currently, 1,000 square feet of space is immediately available for lease within this multi-tenant building. The property is zoned for Boulevard Business use, providing ample opportunity for diverse commercial ventures. With a total of 1.25 parking spaces per unit, ample parking is available for tenants and their clients. The building's prime location on N Federal Highway ensures high visibility and easy access for customers. This is a fantastic opportunity to secure a well-maintained, modern space in a thriving Fort Lauderdale business district. The property's recent renovations ensure modern amenities and efficient operations. Don't miss this chance to establish your business in this desirable location. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $3,485,362

  6.5%

  $3,217,257

  7%

  $2,987,453

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,937,056

  Geo Method

  $5,937,056

• Alternative Use

  Use

  Valuation

  Residential

  $2,713,876

  Hospitality

  $2,485,896

  Educational

  $2,068,237

  Medical

  $2,139,366

  Retail

  $3,217,257

Location Insight

City

Fort Lauderdale

County

Broward

State

Florida

Latitude

26.1704

Longitude

-80.1186

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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