1620 4th Ave Fort Lauderdale, FL 33316-2528
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.
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Dr. Camille Dixon Dental Office
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Dixon & Dixon: Dixon Scott E DDS Dental Office
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Dixon Mervyn J DDS Dental Office
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Dentures Today Dental Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RO · Fort Lauderdale, FLFort Lauderdale. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.