1901 S Federal Hwy - Storefront Retail/Office FOR SALE


Fort Lauderdale, FL 33316- Poinciana Park
$4,700,000 USD
954-494-3091
1901 S Federal Hwy, Fort Lauderdale, FL for Sale
$4,700,000 USD
Storefront Retail/Office - FOR SALE
1/18
null | 6.38% Cap Rate

1901 S Federal Hwy
Fort Lauderdale, FL 33316
Poinciana Park


HIGHLIGHTS

  • 109 feet of frontage on South Federal Highway with 59,000 AADT
  • 32,577 SF (3/4 acre) across three contiguous parcels, $144.27 PSF
  • Split zoning: B-1 (front) and X-P (rear), with medium-high residential land use on rear parcels for future flexibility
  • Interim NOI of $205,000 in place from existing tenants on short-term leases
  • SE Fort Lauderdale corridor with active hotel, retail, and medical office redevelopment

OVERVIEW

7,915 SF Retail/ Showroom building for sale on busy South Federal Highway with 59,000 cars per day traffic count . Property offering consists of the 7,915 SF fully leased commercial building up front along Federal and a single family house and triplex located behind. Current rents for both the commercial and residential tenants are below market and have short terms remaining allowing for maximum flexibility for an investor or owner user. Can be delivered vacant. Property was previously approved for the development of a 9,900 SF retail /showroom building with 49 spaces in rear parking lot. Immediate area undergoing extensive redevelopment of new retail, hotel and residential development. Property is in close proximity to FLL Airport , Port Everglades, 17th Street Causeway and downtown Fort Lauderdale .

FOR SALE DETAILS

PRICE

$4,700,000 USD

PRICE/SF

$594 USD /SF

CAP RATE

6.38%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Prime Retail Showroom Property For Sale

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,577 SF

ZONING

B-1/X-P

APN/PARCEL ID

50-42-15-10-4640,50-42-15-10-4650,50-42-15-13-0130

ASK ABOUT THIS PROPERTY

Steve HyattBerger Commercial Realty CorpMore Info
954-494-3091

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Steve HyattBerger Commercial Realty CorpMore Info
954-494-3091

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.