15 9Th Ave Fort Lauderdale, FL 33301
- Warehouses
- 4,114 SF
- 0.16 lot acres
Current Use by Public Records
- Blue Realty Of Fort Lauderdale / Real Estate Agency
- Rami Dashoush Real Estate / Real Estate Agent
- Protective Film Solutions / Car Detailing Service
- Digital Comm Link / Store
- Carnegie Group / Real Estate Consultant
Property Details for 15 9Th Ave
- Year built
- 1954
- Construction
- CONCRETE
- Lot size
- 0.16 lot acres
- Property size
- 4,114 SF
- Zone code
- B-3
- Property type
- Warehouses
- APN
- 50-42-04-01-0011
- APU
- 504204010011
Description
This exceptional freestanding office building, located at 15 SE 9th Avenue in Fort Lauderdale, Florida, presents a unique investment opportunity. The property, built in 1960, boasts a total area of 2,252 square feet and sits on a sizable 7,500 square foot lot. Its strategic location, just one block south of Broward Boulevard and two blocks east of US1, offers convenient access to the bustling activity of Downtown Fort Lauderdale while maintaining a tranquil atmosphere on a quiet street. The proximity to the vibrant Las Olas Boulevard, renowned for its diverse culinary and entertainment scene, adds significant appeal. Zoned Residential Office, this property offers considerable redevelopment potential for discerning investors. Ample surface parking is available, ensuring easy access for clients and staff. The building's layout and privacy make it particularly well-suited for businesses such as boutique law firms, architectural practices, or other professional services. The property has been meticulously maintained by its long-term owner, featuring recent upgrades including a new roof and air conditioning system. The asking price is $3,250,000. This property is easily shown and is also available for lease.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,220,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,395,000
- 6.5%
- $1,365,000
- 7%
- $1,455,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,425,000
- Geo Method
- $1,235,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,140,000
- Retail
- $1,185,000
- Mixed-Use
- $1,425,000
- Hospitality
- $1,150,000
- Educational
- $1,145,000
- Residential Income
- $1,430,000
- Energy
- $1,530,000
- Income-Based Land
- $1,240,000
- Food Service
- $1,125,000
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.1536
- Latitude
- 26.1227
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
