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    1620 4th Ave Fort Lauderdale, FL 33316-2528

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    1620 4th Ave Fort Lauderdale, FL 33316-2528


    • Medical Office Space
    • 1,923 SF
    • 0.33 lot acres
    Off-Market
    Last Sale Mar 1, 2025
    $1,200,000
    Property ID
    US18-1177654
    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.

    Value Estimations
    $1,095,000
    Show details
    Cap Rate Potential
    6%
    Medical Office Space
    Location Intelligence

    Current Use by 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

    Property Details for 1620 4th Ave

    Year built
    1960
    Construction
    CONCRETE
    Lot size
    0.33 lot acres
    Property size
    1,923 SF
    Zone code
    RO
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    50-42-15-01-3610
    APU
    504215013610

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,044,000
      Market price range: $533k - $1.25M
      AI Estimate
      $933,000
      Market price range: $379k - $1.16M
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $895,000
      Current use
      AUTO REPAIR, GARAGE
      $1,560,000
      Change: +74% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $1,445,000
      Change: +61% Conversion: Difficult
      OFFICE BUILDING
      $1,010,000
      Change: +13% Conversion: Easy
      COMMERCIAL (GENERAL)
      $995,000
      Change: +11% Conversion: Easy
      WAREHOUSE, STORAGE
      $865,000
      Change: -4% Conversion: Difficult
      RETAIL STORES
      $730,000
      Change: -19% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1386
    Latitude
    26.1014
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,628
    $287,040
    $414,120
    $701,160
    -
    $287,040
    $414,120
    $701,160
    More about this property
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