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    OFF-MARKET Estimated value $1,135,000
    Retail space

    60 60th St, Fort Lauderdale, FL 33309-2332

    6,496 SF 0.35 ac lot Built 1979
    Entity Owned Free & Clear
    Property ID
    US18-2203935
    Property summary
    AI-generated overview

    This exceptional 6,496 square foot flex space at 60 NW 60th Street in Fort Lauderdale, Florida presents a unique investment opportunity. Boasting 300 feet of frontage directly on I-95, this custom-built building enjoys unparalleled visibility to over 100,000 vehicles daily. The property, situated on a 0.42-acre lot (APN: 494210050230 & 494210040012), features a wide-open floor plan with 24-foot peak ceilings and a bonus loft area, ideal for creating an impressive client experience. Built in 1980, the building is constructed of concrete block with wood-clad exterior and benefits from 100% air conditioning, a kitchenette, and a combination of private offices and open work areas. The versatile design includes three 12' x 9' sliding doors and four grade-level overhead doors, making it suitable for a wide range of uses, including heavy industrial, manufacturing, assembly, showroom, studio, corporate office, or even luxury vehicle sales. The property also offers ample signage opportunities and a robust 600-amp electrical service. Zoned M-3, this property is a truly one-of-a-kind asset with significant potential. Asking price is $5,000,000 ($769.70/sq ft).

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1979
    Construction CONCRETE
    Total area 6,496 SF
    Lot 0.35 ac (15,297 SF)
    Zoning code M-3
    APN 49-42-10-05-0230
    UPID US18-2203935
    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
    Current use
    Occupant on record · Public records
    • Nautical Furnishings (Bike/Boat/Book/etc) Store Hardware & Home Improvement
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.14M
    Owner & transaction history
    NAUTICAL HOME FURNISHINGS INC
    NAUTICAL HOME FURNISHINGS INC
    Zoning & alternative use
    M-3 · Fort Lauderdale, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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