Financial
Distress signals
Property profile

2151 E Commercial Blvd Fort Lauderdale, FL 33308

FOR SALE
Office buildings
Property ID
US18-5566629
22,772 SF 0.54 ac lot Built 1982
Last sale Oct 2001 · $1,150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 24-yr Hold Held for 24 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property, known as the Saban Building, is a two-story, suburban-style, multi-tenant medical office building with approximately 23,000 rentable square feet. It is situated on approximately 0.52 acres and fronts East Commercial Boulevard in a Fort Lauderdale sub-market. The building layout supports multiple medical-office tenants and is configured to accommodate a total of 9 tenants.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$63k
Tax billed · 2023
Assessed value$2.63M
Assessed land$469k
Assessed improvement$2.16M
Effective rate2.38%

Value estimate

· Sep 2026
$5.15M
$4.63M – $5.66M
Sales comparison$6.99M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$574/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$251 – $799
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-1
Boulevard Business District is intended to provide for the location of commercial business establishments dependent upon high visibility ...
General categoryCOMMERCIAL
JurisdictionBROWARD

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility12.5
Daycare Center11.1
Pharmacy10.8

Location

2151 E Commercial Blvd Fort Lauderdale, FL 33308
County assessor Recorded deeds · 1 transfer 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5100 Federal, Fort Lauderdale, FL 33308-3886 $6,500,000 Dec 2025 42,445 SF
4800 20th, Fort Lauderdale, FL 33308-4532 $12,000,000 May 2025 17,644 SF
2161 Commercial, Fort Lauderdale, FL 33308-3851 $3,100,000 Mar 2023 10,821 SF
5300 Federal, Fort Lauderdale, FL 33308-3205 $3,900,000 Mar 2023 9,173 SF
3564 Ocean, Fort Lauderdale, FL 33308-6752 $2,400,000 Sep 2021 9,083 SF
3600 Federal, Fort Lauderdale, FL 33308-6217 $3,200,000 Jan 2021 25,570 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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