Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    816 SE 17Th St Fort Lauderdale, FL 33316
    Back to Search
    Property profile & analytics

    816 SE 17Th St, Fort Lauderdale, FL 33316

    View on Map
    • Gas stations
    • 2,100 SF
    • 0.50 lot acres
    For Sale
    $4,550,000
    View Listing →
    New Construction 7-Eleven Ground Lease For Sale
    $4,550,000
    0.50 Acres

    New Construction 7-Eleven Ground Lease

    Freestanding 7-Eleven ground lease near Fort Lauderdale Beach.

    816 SE 17th St, Fort Lauderdale, FL
    View Listing
    Property ID
    US18-3395436
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Marathon Gas / Gas Station
    • 17th Street Auto Service / Auto Repair Shop

    Property Details for 816 SE 17Th St

    Year built
    1978
    Construction
    CONCRETE
    Lot size
    0.50 lot acres
    Zone code
    B-1
    Property type
    Gas stations
    APN
    50-42-14-03-2640
    APU
    504214032640

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 26, 2025 $4,400,000 938 Market Street LLC 17th Street Causeway Holdings LLC Special Warranty Deed —
    Feb 24, 2014 $1,485,000 17th Street Causeway Holdings Moforis,george & Gian P Warranty Deed —
    Aug 16, 2012 — George Moforis Moforis,george Quit Claim Deed · related —
    — — George Moforis — Deed Of Trust · related $460k · Jose & Barbara Hevia
    — — George Moforis — Deed Of Trust · related $870k · Bankatlantic Fsb

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $560,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $637,000
      Market price range: $467k - $1.48M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1346
    Latitude
    26.1
    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
    $27,008
    $650,440
    $660,610
    $1,311,050
    -
    $650,440
    $660,610
    $1,311,050

    Comparable in this City

    • Value Estimation by Request
      438 SF

      1600 Federal Hwy

      SERVICE STATION WITH FOOD MART
      1600 Federal Hwy, Fort Lauderdale, FL 33316-2949
      View Details
    • Value Estimation by Request
      270 SF

      601 17th St

      SERVICE STATION WITH FOOD MART
      601 17th St, Fort Lauderdale, FL 33316-2925
      View Details
    • Value Estimation
      $580,000
      912 SF

      2333 Andrews Ave

      SERVICE STATION WITH FOOD MART
      2333 Andrews Ave, Fort Lauderdale, FL 33316-3947
      View Details
    • Value Estimation by Request
      630 SF

      601 17th St

      SERVICE STATION WITH FOOD MART
      601 17th St, Fort Lauderdale, FL 33316-2925
      View Details
    • Value Estimation
      $895,000
      2,570 SF

      2300 17th St

      SERVICE STATION WITH FOOD MART
      2300 17th St, Fort Lauderdale, FL 33316-3108
      View Details
    • Value Estimation
      $775,000
      2,240 SF

      817 Federal Hwy

      SERVICE STATION WITH FOOD MART
      817 Federal Hwy, Fort Lauderdale, FL 33316-1220
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      New Construction 7-Eleven Ground Lease

      Freestanding 7-Eleven ground lease near Fort Lauderdale Beach.
      816 SE 17Th St, Fort Lauderdale, FL 33316
      View Details
    • Contact for pricing
      12,107 SF

      Retail Shopping Center on Federal Highway

      Prime retail location with high visibility and redevelopment potential.
      2000 S Federal Hwy, Fort Lauderdale, FL 33316
      View Details
    • $1,899,000
      6,250 SF

      Fort Lauderdale Parking Lot Opportunity

      Parking lot for sale in Fort Lauderdale near Broward Health.
      1852 Southeast 1St Ave, Fort Lauderdale, FL 33316
      View Details
    • $3,277,000

      Fort Lauderdale Retail/Office Opportunity

      Freestanding 3,300 SF building on a 0.28-acre corner lot.
      2120 S Federal Hwy, Fort Lauderdale, FL 33316
      View Details
    • Contact for pricing

      Turnkey Beauty Salon Opportunity

      Established beauty salon with loyal clientele and expansion potential.
      1684 SE 10Th St, Fort Lauderdale, FL 33316
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,000 SF

      Retail/Office Complex with Ocean Access

      Prime retail/office space with dockage and direct ocean access.
      1515-1535 SE 17Th St, Fort Lauderdale, FL 33316
      View Details
    • $26 SF/Yr

      Second-Generation Supermarket Space Available

      Prime commercial property with high visibility and traffic flow.
      Fort Ter, Fort Lauderdale, FL 33316
      View Details
    • Contact for pricing
      2,920 SF

      Retail Space on Fort Lauderdale Beach

      Prime retail space available on Fort Lauderdale Beach Boulevard.
      101 S Fort Lauderdale Beach Blvd, Fort Lauderdale, FL 33316
      View Details
    • Contact for pricing
      40,200 SF

      Fort Lauderdale Retail Space Available

      Prime retail space in Fort Lauderdale with high traffic exposure.
      1625 Cordova Rd, Fort Lauderdale, FL 33316
      View Details
    • Contact for pricing
      3,997 SF

      Former Restaurant with Drive-Thru

      Second-generation restaurant space with drive-thru and patio seating.
      1207 SE 17Th St, Fort Lauderdale, FL 33316
      View Details
    • Contact for pricing
      1,327 SF

      Retail and Office Space Available

      Retail and office spaces for lease in Fort Lauderdale.
      1800-1865 Cordova Rd, Fort Lauderdale, FL 33316
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    816 SE 17Th St
    Fort Lauderdale, FL 33316
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    816 SE 17Th St, Fort Lauderdale, FL, 33316
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!