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Property profile & analytics
OFF-MARKET Estimated value $5,735,000
Marinas

413 3rd Ave Fort Lauderdale, FL 33315-1001

18,285 SF 1.17 ac lot Built 1964
Entity Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US18-1408647
Property summary
AI-generated overview

This exceptional single-tenant flex office space at 413 SW 3rd Avenue in Fort Lauderdale, FL (33315) offers unparalleled convenience and charm in the heart of downtown. Located just minutes from Las Olas Boulevard, this property provides easy access to a vibrant array of bars, restaurants, coffee shops, and boutiques, perfect for client meetings or after-work socializing. The office features versatile layouts adaptable to various business needs, a fully equipped meeting room ideal for presentations and collaborations, a modern kitchen for employee convenience, and a private bathroom for enhanced privacy. Abundant parking is available, ensuring seamless access for both employees and clients. The property is zoned RAC-SMU and has an APN of 504210013670. This single-suite building (Total Building Suites: 1) presents a rare opportunity for businesses seeking a prime location with walkable amenities in a bustling urban setting. The lot size is not specified. This is an ideal space for businesses seeking a productive and professional environment in a highly desirable location. Seize this opportunity to establish your business in a thriving downtown Fort Lauderdale address.

Property profile
Verified
Property type Marinas
Use group MARINE FACILITY/BOARD REPAIRS
Year built 1964
Construction CONCRETE
Total area 18,285 SF
Lot 1.17 ac (51,074 SF)
Zoning code RAC-SMU
APN 50-42-10-01-3670
UPID US18-1408647
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
$5.74M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.74M
Owner & transaction history
Cabi New River II LLC · 2 yrs held
Cabi New River II LLC
since 2024
Last sale
$5.7M
7 recorded transactions
2024
Price N/A
2024
$956,100
2024
$5.7M
2020
Price N/A
2012
Price N/A
2011
$11.5M
2003
$5.0M
Zoning & alternative use
RAC-SMU · Fort Lauderdale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $5.2M +65.8%
Office building $4.8M +51.7%
Neighborhood: shopping center $4.2M +33.2%
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