Property profile

2950 NW 62Nd St Fort Lauderdale, FL 33309

FOR LEASE
Office buildings
Saved · see the list in your Dashboard
Property ID
US18-3984759
39,704 SF 1.9 ac Built 1986
Last sale Aug 2024·$9,250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

Suite 305 is an approximately 307-square-foot office space located in a commercial building constructed in 1986. The suite is configured for office use and is provided with electricity and WiFi service, along with parking available for both employees and clients. The building is situated in Fort Lauderdale’s Cypress Creek business district, near I-95, the Florida Turnpike, and Fort Lauderdale Executive Airport.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$108k
Tax billed · 2023
Assessed value$4.56M
Assessed land$745k
Assessed improvement$3.82M
Effective rate2.38%

Value estimate

· Nov 2026
$9.25M
$8.33M – $10.18M
AI approach$9.25M
Submarket $/SF estimate$7.87M
NOI build-up
Gross scheduled income$1.81M
Vacancy & credit loss−$290k
Operating expenses−$380k
NOI · 30,416.45% cap applied$1.14M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$246/SF
ZIP average, outlier-cleaned · 60 recorded sales of this use type
Observed band · Q1–Q3$198 – $337

Cap rate analysis

How does the asset earn?
30,416.45%
$1.14M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant38.0
Dental Office28.7
Auto Repair Shop23.7

Location

2950 NW 62Nd St Fort Lauderdale, FL 33309
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6400 Andrews, Fort Lauderdale, FL 33309-2114 $11,925,000 Dec 2025 60,540 SF
6261 6th, Fort Lauderdale, FL 33309-6103 $4,900,000 Jun 2025 36,282 SF
2001 64th, Fort Lauderdale, FL 33309-1843 $3,952,300 May 2025 47,600 SF
1600 Commercial, Fort Lauderdale, FL 33309-3006 $5,200,000 Jul 2024 26,210 SF
6499 Powerline, Fort Lauderdale, FL 33309-2069 $7,850,000 May 2024 41,598 SF
701 62nd, Fort Lauderdale, FL 33309-2045 $4,100,000 Aug 2023 32,933 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?
Saved