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Property profile & analytics
FOR LEASE
Investment properties

1948 E Sunrise Blvd Fort Lauderdale, FL 33304

5,547 SF 0.08 ac lot Built 1953
Entity Owned 4-yr Hold Free & Clear
Property ID
US18-1314124
Property summary
AI-generated overview

This Fort Lauderdale office property, located at 1948 E Sunrise Boulevard, offers multiple tenancy options in a vibrant location. The building features two available spaces ranging from 250 to 313 square feet, and additional larger spaces of 450 and 2,223 square feet are also available. Situated in the trendy Victoria Park neighborhood, this property provides easy access to the beach, Downtown Fort Lauderdale, and Flagler Village. The building is zoned B-1 and boasts a lush tropical courtyard. Smaller suites offer private access and ample natural light, making them ideal for businesses seeking a creative and attractive work environment. Larger spaces are also available, providing flexibility for businesses of various sizes. The property is offered on a triple net lease (NNN) basis, with estimated additional costs of $11.63 per square foot. Monthly rent for the 450 sq ft space is $1,589. This is a rare opportunity to secure office space in a highly desirable Fort Lauderdale location. The property's address is 1948 E Sunrise Boulevard, Fort Lauderdale, Florida 33304, and the Broward County APN is 504201190090.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1953
Construction CONCRETE
Total area 5,547 SF
Lot 0.08 ac (3,578 SF)
Zoning code B-1
APN 50-42-01-19-0090
UPID US18-1314124
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
  • Dawn M. Shelton, PhD Marriage Or Relationship Counselor
  • Context Consultants Counselor
  • inkspiration Tattoo & Piercing Tattoo & Piercing Shop
  • Victoria Park Flower Studio Design Center (Bike/Boat/Book/etc) Store Florist
  • The Lash and Tan Boutique or Ft. Lauderdale Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.38M
Blend (final) Blend
$4.06M
Owner & transaction history
Cordova Road LLC · 4 yrs held
Cordova Road LLC
since 2021
Last sale
$3.0M
2 recorded transactions
2021
$3.0M
2000
$250,000
Zoning & alternative use
B-1 · Fort Lauderdale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

ize - Frontage Length - Living Units - Lot Type Block Corner Flag Internal Locked Multiple Through ZONING fake-general-subgroup Zoning Districts ABA - A-1A Beachfront Area District AIP - Airport Industrial Park District B-1 - Boulevard Business B-2 - County B-2 - General Business B-3 - County B-3 - Heavy Commercial/Light Industrial Business C-1 - County CB -…

Zone name Boulevard Business
General category COMMERCIAL
Zone area 1,236.99 ac
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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