Located in the highly sought-after Galt Ocean Mile neighborhood of Fort Lauderdale, this fully renovated retail building presents an exceptional investment opportunity in one of the city's most vibrant and rapidly evolving corridors. With a total of 3,000 square feet, the building is divided into two 1,500-square-foot units, each offering unique appeal for both investors and potential owner-users.
One of the units was recently built out for Sunbelt Kava, a fast-growing sober lounge concept that’s quickly gaining traction across South Florida. Their modern, welcoming space adds a cool, contemporary vibe to the area and aligns perfectly with the eclectic and health-forward lifestyle of the surrounding community. The second unit, previously occupied by Source Salon, was delivering a 6.66% cap rate prior to vacancy. With rising rental rates in the area and increased demand for quality retail space, this unit offers strong upside potential—either through securing a new tenant or customizing it for an owner-occupant looking to plant roots in this booming market.
What truly sets this property apart is its location. Galt Ocean Mile is buzzing with energy and on the cusp of a major transformation, with a wave of nearby development underway—including high-end mixed-use projects that blend luxury multifamily living with upscale retail experiences. This growth is elevating the entire area, making it an ideal time to secure a footprint in this emerging hotspot.
Surrounded by a mix of neighborhood staples and trendy newcomers, this property benefits from strong foot traffic, an affluent residential base, and close proximity to the beach. Whether you’re an investor looking for solid returns or an entrepreneur dreaming of owning your own space in one of Fort Lauderdale’s most desirable areas, this opportunity checks all the boxes.
Don’t miss your chance to own a piece of Fort Lauderdale real estate in a location poised for long-term success.