Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1432 10Th Ave Fort Lauderdale, FL 33304

    • Commercial real estate
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-2041309
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Playground Turf Warehouse / Playground Equipment Supplier

    Property Details for 1432 10Th Ave

    Year built
    1956
    Property type
    Commercial real estate

    Description

    This charming 1956 Fort Lauderdale office building, located at 1432 NE 10th Avenue, is offered at $525,000. Situated in the desirable East of I-95 area, this property boasts numerous recent upgrades. The interior features freshly painted wood beams and vaulted ceilings throughout, creating a unique and inviting atmosphere. The kitchen has been completely remodeled, showcasing brand new cabinets, quartz countertops, and modern appliances. The bathroom has also been updated to contemporary standards. Significant improvements include a new split AC system, a new roof, and new flooring throughout, ensuring low maintenance and energy efficiency. The property includes a large, updated saltwater pool and a newly landscaped, fenced-in yard, providing a tranquil outdoor space. A large attached carport offers covered access to the laundry area and a side entrance to the building. Additional street parking is also available. This exceptional location offers easy access to beaches, Wilton Manors, and the vibrant 13th Street shopping and arts district. The lot size is not specified. This is an excellent opportunity to acquire a well-maintained, updated office building in a highly sought-after area of Fort Lauderdale.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.133994
    Latitude
    26.1455253

    Comparable in this City

    • $233,550

      Fort Lauderdale Office Space Available

      3,200 SF Fort Lauderdale office space near Galleria Mall.
      2455 E Sunrise Blvd, Fort Lauderdale, FL 33304
      View Details
    • $836,130

      Fort Lauderdale Office Space Available

      1858 Sq Ft office space with high-end finishes.
      2455 E Sunrise Blvd, Fort Lauderdale, FL 33304
      View Details
    • $3,520,180
      12,398 SF

      Galleria Penthouse Office Suite

      Luxury Fort Lauderdale Office, Ocean Views
      2455 Sunrise Blvd, Fort Lauderdale, FL 33304
      View Details
    • $3,000,000

      Oceanfront Office Building, Fort Lauderdale

      Prime location, income potential, development opportunity.
      901 Sunrise Ln, Fort Lauderdale, FL 33304
      View Details
    • $423,040
      1,322 SF

      Prime Fort Lauderdale Executive Office

      Turn-key office condo, 1322 sq ft
      2455 Sunrise Blvd, Fort Lauderdale, FL 33304
      View Details
    • $366,330

      Fort Lauderdale Office Space Available

      3,200 SF office space in Fort Lauderdale Beach.
      2455 E Sunrise Blvd, Fort Lauderdale, FL 33304
      View Details

    Similar Nearby for Sale

    • $233,550

      Fort Lauderdale Office Space Available

      3,200 SF Fort Lauderdale office space near Galleria Mall.
      2455 E Sunrise Blvd, Fort Lauderdale, FL 33304
      View Details
    • $836,130

      Fort Lauderdale Office Space Available

      1858 Sq Ft office space with high-end finishes.
      2455 E Sunrise Blvd, Fort Lauderdale, FL 33304
      View Details
    • $3,520,180
      12,398 SF

      Galleria Penthouse Office Suite

      Luxury Fort Lauderdale Office, Ocean Views
      2455 Sunrise Blvd, Fort Lauderdale, FL 33304
      View Details
    • $3,000,000

      Oceanfront Office Building, Fort Lauderdale

      Prime location, income potential, development opportunity.
      901 Sunrise Ln, Fort Lauderdale, FL 33304
      View Details
    • $423,040
      1,322 SF

      Prime Fort Lauderdale Executive Office

      Turn-key office condo, 1322 sq ft
      2455 Sunrise Blvd, Fort Lauderdale, FL 33304
      View Details
    • $366,330

      Fort Lauderdale Office Space Available

      3,200 SF office space in Fort Lauderdale Beach.
      2455 E Sunrise Blvd, Fort Lauderdale, FL 33304
      View Details

    Similar Nearby for Lease

    • $30 SF/Yr
      1,920 SF

      Fort Lauderdale Creative Office Space

      New Construction, Prime Location, Move-In Ready
      1506 4Th Ave, Fort Lauderdale, FL 33304
      View Details
    • $45 SF/Yr
      563 SF

      Fort Lauderdale Office Suites

      Prime Victoria Park Office Space
      1948 Sunrise Blvd, Fort Lauderdale, FL 33304
      View Details
    • $40 SF/Yr

      Studio City Retail End-Cap

      Retail space in thriving Studio City, Downtown Fort Lauderdale.
      535 NE 132Nd Way, Fort Lauderdale, FL 33304
      View Details
    • $4,495 /Mo
      6,255 SF

      Two-Story Office Building For Lease

      2500 sq ft office building with high visibility.
      1527 NE 4Th Ave, Fort Lauderdale, FL 33304
      View Details
    • $30 SF/Yr
      18,251 SF

      Flagler Village Office Building

      Fort Lauderdale Office Space Available
      707 3Rd Ave, Fort Lauderdale, FL 33304
      View Details
    • $65 SF/Yr
      24,807 SF

      Galleria Plaza Office Space

      Fort Lauderdale office space, high visibility.
      2541 Sunrise Blvd, Fort Lauderdale, FL 33304
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1432 10Th Ave
    Fort Lauderdale, FL 33304
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.