Entity Owned Property summary
This exceptional property at 702-704 NE 1st Avenue in Fort Lauderdale, Florida, offers a unique opportunity to lease prime commercial space in the rapidly developing Flagler Village neighborhood. The 8,864 square foot building, situated on an 11,156 square foot lot (APN 494234071560, zoned RAC-UV), features three suites with a minimum divisible space of 2,482 square feet and a maximum contiguous space of 8,864 square feet. The property is ideally suited for retail, office, or restaurant uses,… with a second-generation bar/restaurant space available on the ground floor. This fully built-out space allows for immediate occupancy, eliminating the need for extensive renovations. An additional retail or creative office space is available upstairs, offering flexibility for businesses seeking a combined or separate lease. The location benefits from its proximity to Las Olas Boulevard and is strategically positioned between two major developments: Hines FAT Village and AIMCO's Searstown redevelopments, which will bring over 1,600 new residential units, 188 hotel rooms, and nearly 720,000 square feet of additional commercial space. This influx of residents and businesses will further enhance the already vibrant atmosphere of Flagler Village, creating a high-demand environment for retail and dining establishments. The limited availability of comparable spaces in this area presents a significant opportunity for businesses seeking to establish a presence in this thriving community. This property offers a turnkey solution in a highly sought-after location, providing the ideal foundation for a successful venture.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records and 15 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 18 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 6,384 SF
- Lot area
- 0.26 ac
- Year built
- 1964
- Stories
- 1
- APN
- 49-42-34-07-1560
- Zoning
- RAC-UV
- Assessed value · 2023
- $3,613,270
- Annual tax · 2023
- $72,509
- Auto Repair, Garage
- Commercial (general) · current use
- Neighborhood: Shopping Center
- Warehouse, Storage
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
Urban Village District is intended to support the RAC-CC district by providing a mix of uses including institutional, office, commercial and residential
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Local Zoning Insight
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