5150 SW 48Th Way Fort Lauderdale, FL 33314
For Lease
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This single-tenant office space, located at 5150 SW 48th Way in Davie, Florida (zip code 33314), is part of the Pelican Bays complex, built between 1988 and 1996. The property is zoned M-2 and has a Davie, FL address. The building is one of eight in a larger warehouse complex totaling 199,257 square feet of flex, industrial, and office space. Pelican Bays is situated in a highly accessible location, just 1.5 miles from I-595 and less than a mile from the Florida Turnpike. Its proximity to the Hard Rock Guitar Hotel and the 44-acre Manheim Fort Lauderdale Auto Auction makes it particularly attractive for businesses in the automotive and related industries, as well as distribution, wholesale, marine, aviation, and service providers. The complex boasts a vibrant community of over 120 businesses serving Miami-Dade, Broward, and Palm Beach counties. While the specific size of this office is not listed, the smallest office spaces within Pelican Bays are 460 square feet. The property's APN is 504136150212. This is an excellent opportunity for a business seeking a strategic location in a thriving commercial area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M-2 · Davie, FLDavie. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.