3114 Sunrise Blvd Fort Lauderdale, FL 33304-3314
Property Lookup
Property profile & analytics
3114 Sunrise Blvd Fort Lauderdale, FL 33304-3314
- Retail residential properties
- 1,962 SF
- 0.03 lot acres
Property ID
US19-0605134
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Pro Alliance Cleaning Services / Commercial Cleaning Service
- Nanou Sunrise / Restaurant
Property Details for 3114 Sunrise Blvd
- Year built
- 1959
- Construction
- CONCRETE
- Lot size
- 0.03 lot acres
- Property size
- 1,962 SF
- Zone code
- SLA
- Property type
- Retail residential properties
- APN
- 50-42-01-28-0240
- APU
- 504201280240
Description
This exceptional mixed-use property in Fort Lauderdale, Florida, presents a compelling investment opportunity. Located at 3114 E Sunrise Blvd, this 7,883 square foot building sits on a 4,041 square foot lot, boasting a prime corner location steps from the beach. The property enjoys excellent visibility and accessibility, with an average daily traffic count of 40,000 vehicles on E Sunrise Blvd. The building comprises three ground-floor commercial units and four second-floor residential units, currently operating at 100% occupancy, generating a strong and stable cash flow. The current Net Operating Income (NOI) is $216,858, yielding a 5.42% cap rate. Multiple below-market leases offer significant upside potential, further enhanced by annual rent increases of 3-5% in all commercial leases. The property benefits from a dense population base, with over 210,000 residents within a 5-mile radius and an average household income exceeding $160,000 within a 1-mile radius. Zoned SLA (Sunrise Lane District), the property allows for a wide range of commercial uses and redevelopment possibilities. Its location in the heart of Fort Lauderdale, minutes from Fort Lauderdale Beach, The Galleria Mall, and other attractions, ensures high traffic and visibility. Ocean views and proximity to hotels, restaurants, and shops further enhance its appeal. This offering provides investors or developers with a rare chance to acquire a high-value asset in a desirable, high-barrier-to-entry market. The asking price is $4,000,000, with a price per square foot of $507.42.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,992,000
Market price range: $676k - $2.87M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,555,000 Current use
- AUTO REPAIR, GARAGE
- $1,590,000 Change: +2% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,475,000 Change: -5% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.1042
- Latitude
- 26.1378
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,151
$163,430
$484,120
$647,550
-
$163,430
$484,120
$647,550
