You are browsing as a guest. Register to access key data for free.
Property profile

5201-5255 33rd Ave Fort Lauderdale, FL 33309

OFF-MARKET
Office buildings
Property ID
US18-3272131
View Sample
10,992 SF 5.35 ac lot Built 1982
Entity Owned 10-yr Hold Free & Clear

Property summary

AI-generated overview

This exceptional executive office suite, totaling 3,047 square feet, is situated within the Prospect Park I building at 5201-5255 NW 33rd Avenue, Fort Lauderdale, FL 33309. Located in the desirable Cypress Creek/Commercial Blvd. submarket of Broward County, this Class B property offers a convenient and accessible location for businesses. The building itself boasts a total of 66,757 square feet and underwent renovations in 2015. This particular suite is part of a multi-tenant building, offering a professional and collaborative environment. The property is zoned CC, providing flexibility for various business uses. Lease rates are competitively priced at $16.00 per square foot, net, net, net (NNN), plus estimated 2023 operating expenses and CAM charges of $8.32 per square foot. This presents a unique opportunity to secure high-quality office space in a thriving Fort Lauderdale location. The suite is immediately available, offering a seamless transition for your business. Don't miss this chance to establish your presence in this well-maintained and strategically located building. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1982
Construction CONCRETE
Total area 10,992 SF
Lot 5.35 ac (232,982 SF)
Zoning code CC
APN 49-42-18-16-0160
UPID US18-3272131

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.70M
Blend (final) Blend
$3.21M

Owner & transaction history

since 2016
5 recorded transactions
2019
Price N/A
2016
$3.1M
2013
$13.5M
2007
$8.0M
2006
$25.7M

Zoning & alternative use

CC · Fort Lauderdale, FL
Zoning description

front Area District AIP - Airport Industrial Park District B-1 - Boulevard Business B-2 - County B-2 - General Business B-3 - County B-3 - Heavy Commercial/Light Industrial Business C-1 - County CB - Commercial Business…

General category INDUSTRIAL
Top alternative use upside
Industrial (general) $5.2M +91.0%
Medical building $5.1M +89.4%
Retail stores $4.2M +54.2%

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?”
You own 5201-5255 33rd Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message