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Property profile & analytics
FOR LEASE
Office buildings

3536 North Federal Hwy Fort Lauderdale, FL 33308

12,604 SF 0.33 ac lot Built 1968
Entity Owned Free & Clear
Property ID
US18-3668891
Property summary
AI-generated overview

This exceptional two-story medical office building, totaling 13,014 square feet, sits on a 1.02-acre lot in Fort Lauderdale, Florida. Located at 3536 N Federal Highway, this property boasts a highly desirable location adjacent to Coral Ridge Mall, offering excellent visibility and accessibility. The building features 11,642 square feet of net rentable space and ample parking with 80 spaces (a 6.2/1000 ratio), including a covered drop-off portico. The property is zoned B-1 and comprises two parcels: a 0.33-acre parcel housing the medical office building and a 0.67-acre parcel zoned RMM-25, presenting potential for future residential redevelopment. The asking price is $4,400,000. This property is ideal for owner-users, investors, or developers seeking a prime location with significant upside potential. The property can be delivered either occupied or vacant. APN: 4942 24 07 3750 & 4942 24 07 3670. This is a rare opportunity to acquire a well-situated medical office building with significant redevelopment possibilities in a thriving Broward County market.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING (MULTI-STORY)
Year built 1968
Construction CONCRETE
Total area 12,604 SF
Lot 0.33 ac (14,498 SF)
Zoning code B-1
APN 49-42-24-07-3750
UPID US18-3668891
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
Current use
Occupant on record · Public records
  • Vernon P Turner Md Physician Medical Clinic
  • FLPS Physician Medical Clinic
  • Dr. Harold Altschuler, MD Physician
  • BioSHYFT Medical Medical Clinic
  • Dr. Jason R. Dudas, MD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.40M
Owner & transaction history
Nrns Acquisition 3536 Federal LLC
Nrns Acquisition 3536 Federal LLC
since 2025
3 recorded transactions
2025
$3.6M
2017
Price N/A
2015
$2.4M
Zoning & alternative use
B-1 · Fort Lauderdale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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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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