Property profile

617 2nd Ave Fort Lauderdale, FL 33311

OFF-MARKET
Warehouses
Property ID
US18-5623799
4,600 SF 0.15 ac lot Built 1965
Individually Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1965
Construction CONCRETE
Total area 4,600 SF
Lot 0.15 ac (6,750 SF)
Zoning code NWRAC-MUE
APN 49-42-34-07-6520
UPID US18-5623799

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Building Supply General Contractor
  • Storage Facility Parking Lot & Garage
  • Auto Repair Shop Vehicle Inspection Center
  • Marketing & Advertising Advertising Agency
  • Building Supply General Contractor

Location

617 2nd Ave Fort Lauderdale, FL 33311-7408
Fort Lauderdale metro Census 41700 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$974k
Blend (final) Blend
$440k

Owner & transaction history

since 2018
1 recorded transaction
2018
Price N/A

Zoning & alternative use

NWRAC-MUE · Fort Lauderdale, FL
Zoning description

iation Airport District H-1 - Historic Preservation District I - General Industrial I-1 - County IOA - Intracoastal Overlook Area District M-3 - County MHP - Mobile Home Park NBRA - North Beach Residential Area District…

General category MIXED_USE
Top alternative use upside
Commercial (general) $1.2M +15.3%
Retail stores $1.2M +8.3%
Office building $1.1M +7.4%

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
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