3061 N Federal Hwy - Storefront FOR SALE


Fort Lauderdale, FL 33306- Coral Shores
$4,995,000 USD
3061 N Federal Hwy, Fort Lauderdale, FL for Sale
$4,995,000 USD
Storefront - FOR SALE
1/11
null | 6% Cap Rate

3061 N Federal Hwy
Fort Lauderdale, FL 33306
Coral Shores


HIGHLIGHTS

  • Heavy Traffic Signalized Corner
  • Signage
  • Great for owner/user or just investment

OVERVIEW

Prime retail investment opportunity at one of Fort Lauderdale’s busiest and most visible intersections — Oakland Park Blvd & Federal Hwy. This high-traffic corner location offers exceptional exposure, outstanding signage, and strong daily traffic counts, making it ideal for both investors and owner-users. The property features multiple retail spaces, allowing a buyer to occupy one unit while leasing the remaining spaces for maximum income potential. Solid in-place cash flow with an attractive cap rate and upside through rent optimization. Excellent demographics, strong surrounding retail, and easy access. Priced aggressively for a quick sale. Rare opportunity to secure a trophy corner in a premier South Florida corridor.

FOR SALE DETAILS

PRICE

$4,995,000 USD

PRICE/SF

$684 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Coral Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

B-1

APN/PARCEL ID

49-42-25-08-0201

ASK ABOUT THIS PROPERTY

Tyler TuchowFortune | Christie's International Real EstateMore Info

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

Tyler TuchowFortune | Christie's International Real EstateMore Info

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