Property profile & analytics
5353 Federal Hwy Fort Lauderdale, FL 33308-3245
- Office buildings
- 33,974 SF
- 0.79 lot acres
OFF-MARKET
Last Sale
Aug 30, 2021
Aug 30, 2021
$4,300,000
Value Estimations
$5,915,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US18-3479647
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.
Current Use by Public Records
- Waraftig Eric A / Law Firm
- Premier Dermatology Partners Fort Lauderdale / Physician / Medical Clinic
- Flourish Aesthetics & PMU By Elvia / Spa & Massage Center / Skin Care Clinic
- Dr. Marah J. Lee, Do / Physician
- Alexander Kushch, PhD, PA / Physician / Medical Clinic
Property Details for 5353 Federal Hwy
- Year built
- 1973
- Construction
- CONCRETE
- Lot size
- 0.79 lot acres
- Property size
- 33,974 SF
- Zone code
- B-1
- Property type
- Office buildings
- APN
- 49-42-13-06-3040
- APU
- 494213063040
Description
This exceptional four-story, Class B office building, totaling 28,177 square feet, presents a unique investment opportunity in Fort Lauderdale's desirable submarket. Built in 1973 and extensively renovated in 2022, the property boasts six individual suites, ranging from a minimum of 1,000 square feet to a maximum contiguous space of 2,993 square feet. The building sits on a 0.71-acre lot with prominent frontage on N. Federal Highway, enjoying high visibility with an estimated 45,000 vehicles passing daily. Ample parking is provided with 121 spaces, offering a generous parking ratio of 4.3 per 1,000 square feet. Two elevators efficiently serve all four floors. The property is zoned B-1 and features convenient access to major transportation arteries, including I-95 and the Florida Turnpike via Commercial Boulevard. Its strategic location offers proximity to major healthcare facilities, including Holy Cross Hospital (0.5 miles) and Broward Health Imperial Point Hospital (1.4 miles), making it ideal for medical office tenants or those seeking a location near significant medical infrastructure. This versatile property is suitable for a variety of office uses, including traditional office and medical office spaces, offering a compelling combination of location, amenities, and recent renovations. The APN is 49-42-13-06-3040.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $6,865,000
- ML approach
- $6,450,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.1143
- Latitude
- 26.192
- 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
$94,975
$689,560
$3,321,220
$4,010,780
-
$689,560
$3,321,220
$4,010,780
