Property profile

3101 N Federal Hwy Fort Lauderdale, FL 33306

FOR LEASE
Office buildings
Property ID
US18-2302678
74,442 SF 1.23 ac lot Built 1968
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1968
Construction CONCRETE
Total area 74,442 SF
Lot 1.23 ac (53,650 SF)
Zoning code B-1
APN 49-42-24-15-0010
UPID US18-2302678

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
  • Telecommunications Service
  • Corporate Office
  • Photography Service (Bike/Boat/Book/etc) Store
  • Spa & Massage Center Alternative Medicine Practice
  • (Bike/Boat/Book/etc) Store Corporate Office

Location

3101 N Federal Hwy Fort Lauderdale, FL 33306
Fort Lauderdale metro Census 50602 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$20.92M
Blend (final) Blend
$17.89M

Owner & transaction history

since 2020
4 recorded transactions
2020
$4.2M
2017
$11.7M
2013
$10.4M
2003
$1.5M

Zoning & alternative use

B-1 · Oakland Park, FL
Zoning description

The B-1 Community Business District is intended primarily to meet the shopping and limited service needs of several neighborhoods. Retail stores are intended to include convenience, fashion and durable goods. The B-1 Dis…

General category COMMERCIAL
Top alternative use upside
Retail stores $28.2M +14.1%

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
Try Rey
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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