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Property profile & analytics
OFF-MARKET Estimated value $3,820,000
Office buildings

275 Commercial Blvd Lauderdale By The Sea, FL 33308-4467

15,268 SF 0.3 ac lot Built 1976
Entity Owned 6-yr Hold Free & Clear
Property ID
US18-3197177
Property summary
AI-generated overview

This exceptional 15,000-square-foot office building is ideally situated at 275 Commercial Boulevard in Lauderdale-by-the-Sea, Florida (33308), offering unparalleled convenience and a prime location. The property, zoned B-1, features a single-tenant occupancy within a single-suite building (APN: 494318070280). Currently configured as a roughly 800-square-foot office, the space presents significant flexibility for build-to-suit or subdivision to accommodate various business needs. Recent renovations have enhanced the property's value and appeal, including the installation of impact glass, a new roof, updated bathrooms, new flooring, and modernized elevators. Ample on-site parking is available, with a portion designated as covered parking. The building's proximity to the beach (a five-minute walk) and its location on Commercial Boulevard east of the bridge provide exceptional visibility and accessibility. Additionally, a small, fully furnished compliance office is available, complete with a desk and filing cabinet. This turnkey opportunity combines a desirable location with modern amenities and the potential for customization, making it an ideal investment for businesses seeking a high-profile presence in Lauderdale-by-the-Sea.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1976
Construction CONCRETE
Total area 15,268 SF
Lot 0.3 ac (12,933 SF)
Zoning code B-1
APN 49-43-18-07-0280
UPID US18-3197177
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.82M
Owner & transaction history
275 Blvd Partners LP · 6 yrs held
275 Blvd Partners LP
since 2019
6 recorded transactions
2019
$100
2017
$2.7M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
B-1 · Lauderdale By The Sea, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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