Property profile

2631 E Oakland Park Blvd 110 Fort Lauderdale, FL 33306

FOR SALE
Office buildings
Property ID
US18-0085510
16,033 SF 0.34 ac lot Built 1960
Entity Owned 3-yr Hold ~ Est. High Equity
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2631 E Oakland Park Blvd,Unit 110, Fort Lauderdale, FL 33306 For Sale
$2,490,000 16,033 SF
2631 E Oakland Park Blvd,Unit 110, Fort Lauderdale, FL 33306
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Property summary

AI-generated overview

This exceptional office property, located at 2631 E Oakland Park Blvd in Fort Lauderdale, Florida (zip code 33306), offers three newly remodeled suites ranging from 550 to 1,650 square feet. The building is classified as a Traditional Office and is also suitable for Medical Office use, accommodating multiple tenants. The precise total square footage of the building is not currently available. This prime location boasts ample parking, a significant advantage for both employees and clients. Its strategic position near Federal Highway provides easy access to major transportation routes, and the property's proximity to the beach (a three-minute drive) adds to its appeal. The modern, updated interior spaces are ready for immediate occupancy. This is an excellent opportunity for businesses seeking a well-maintained, conveniently located office space in a vibrant area of Fort Lauderdale. The address is easily accessible via major roadways and offers a high level of visibility. Interested parties are encouraged to inquire about lease terms and availability for the three available suites. The property's coordinates are 26.1677165 latitude and -80.1130654 longitude.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1960
Construction CONCRETE
Total area 16,033 SF
Lot 0.34 ac (15,003 SF)
Zoning code CB
APN 49-42-24-01-0160
UPID US18-0085510

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Logistics Company Moving Company
  • Spa & Massage Center
  • Law Firm
  • Law Firm
  • Law Firm

Location

2631 E Oakland Park Blvd, Unit 110 Fort Lauderdale, FL 33306
Fort Lauderdale metro Census 40402 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.18M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.81M
Blend (final) Blend
$2.49M

Owner & transaction history

since 2023
Last sale
$2.2M
7 recorded transactions
2024
Price N/A
2023
$2.2M
2022
Price N/A
2022
Price N/A
2011
Price N/A
2010
Price N/A
2004
$1.4M

Zoning & alternative use

CB · Fort Lauderdale, FL
Zoning description

istricts 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…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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