You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $1,095,000
Medical Office Space

1620 4th Ave Fort Lauderdale, FL 33316-2528

1,923 SF 0.33 ac lot Built 1960
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US18-1177654
Property summary
AI-generated overview

This exceptional 1,923-square-foot free-standing office building presents a unique investment opportunity in the heart of Fort Lauderdale. Located directly adjacent to the Broward Health Medical Complex, this Class B property boasts a prime location within a rapidly developing area. Built in 1960 and renovated in 2013, the building sits on a rare 14,175-square-foot lot (approximately one-third of an acre), offering significant potential for expansion, additional parking, or even a complete redevelopment project. Currently vacant, this single-story building features 11 parking spaces and is zoned RO. The asking price is $1,499,000, translating to $779.51 per square foot. The land value alone is $105.75 per square foot. The property's proximity to major shopping centers, hotels, high-end residential neighborhoods, the 17th Street Causeway, Fort Lauderdale-Hollywood International Airport, and Port Everglades makes it exceptionally attractive. The ongoing redevelopment of the surrounding area, including the expansion of the Broward Health Campus and numerous new multifamily, hotel, and retail projects, further enhances its investment potential. This is an ideal owner-user opportunity for businesses and professionals seeking a strategic location in a thriving market.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1960
Construction CONCRETE
Total area 1,923 SF
Lot 0.33 ac (14,175 SF)
Zoning code RO
APN 50-42-15-01-3610
UPID US18-1177654
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Dr. Camille Dixon Dental Office
  • Dixon & Dixon: Dixon Scott E DDS Dental Office
  • Dixon Mervyn J DDS Dental Office
  • Dentures Today Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.04M
Blend (final) Blend
$1.10M
Owner & transaction history
Cooper Re LLC · 1 yrs held
Cooper Re LLC
since 2025
Last sale
$1.2M
5 recorded transactions
2025
$1.2M
2025
$1.2M
2013
$515,000
2011
Price N/A
1969
Price N/A
Zoning & alternative use
RO · Fort Lauderdale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $1.6M +73.9%
Neighborhood: shopping center $1.4M +61.5%
Office building $1.0M +12.7%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1620 4th Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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