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$ 2,299,999
Est. payment /mo
Pending
3542 N Federal Hwy Fort Lauderdale, FL 33308
5,849 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Pending
Purchase Type For Sale
Square Footage 5,849 sqft
Price per Sqft $393
MLS Listing ID A11969103
HOA Y/N No
Year Built 1985
Annual Tax Amount $33,295
Contingent Other
Lot Size 7,074 Sqft
Property Sub-Type Retail
Property Description
A rare opportunity to acquire a fully occupied retail/office flex property along one of Fort Lauderdale's most prominent commercial corridors. Strategically positioned on US-1, the asset benefits from strong daily traffic counts, affluent surrounding demographics, and continued residential and mixed-use growth along the Federal Highway corridor. The property serves established neighborhoods including Coral Ridge, Imperial Point, and Coral Ridge Country Club Estates, providing a dense, high-income consumer base that supports sustained retail demand. Zoned B-1 (Community Business District), the site allows for a wide range of retail, office, medical, and service-oriented uses. With stable in-place income and projected upside to a pro forma NOI of $170,000, the property offers both immediate cash flow and long-term growth potential.
Location
State FL
County Broward
Area 3630
Exterior
Private Pool Yes
Others
Tax ID 494224073760
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11969103
Listed by APEX Capital Realty LLC
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