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Property profile

550 S Andrews Ave Fort Lauderdale, FL 33301

FOR LEASE
Commercial land
Property ID
US18-1782323
0.53 ac lot
Last sale Jul 2021 · $17,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a seven-story Class A office building that provides office suites ranging from spec space through a full seventh floor, including the availability of complete floor plates. The ground floor includes patio restaurant space and storefront retail within the Solo Shoppes. On-site parking is provided by a 634-car garage. The building is situated in the Central Business District of Downtown Fort Lauderdale, directly adjacent to the Broward County courthouse, with access to major…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$56k
Tax billed · 2023
Assessed value$4.51M
Assessed land$4.51M
Effective rate1.23%

Value estimate

· Oct 2026
$715k
$644k – $787k
AI approach$715k
NOI build-up
Gross scheduled income$122k
Vacancy & credit loss−$10k
Operating expenses−$34k
NOI · 225,868.57% cap applied$79k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$977/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$480 – $1,638

Cap rate analysis

How does the asset earn?
225,868.57%
$79k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
RAC-CC
City Center District is the city's high-intensity downtown zoning district, and is intended to be applied to the central downtown core ar...
General categoryCOMMERCIAL
JurisdictionBROWARD

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply14.5
Barber Shop12.1
Convenience Store11.9

Location

550 S Andrews Ave Fort Lauderdale, FL 33301
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
201 Federal, Fort Lauderdale, FL 33301 $165,000,000 Jun 2025 396 SF
2nd, Fort Lauderdale, FL 33301 $7,700,000 Dec 2024 No data
308 14th, Fort Lauderdale, FL 33301-1753 $1,525,000 Mar 2024 1,832 SF
14th, Fort Lauderdale, FL 33301 $1,650,000 Jan 2024 1,200 SF
3rd, Fort Lauderdale, FL 33301 $9,750,000 Aug 2023 No data
200 3rd, Fort Lauderdale, FL 33301-1043 $9,750,000 Aug 2023 2,244 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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