3870-3890 SW 2nd Ct - Freestanding FOR SALE


Fort Lauderdale, FL 33312
$1,000,000 USD
954-394-7078
3870-3890 SW 2nd Ct, Fort Lauderdale, FL for Sale
$1,000,000 USD
Freestanding - FOR SALE
1/25
null | 5.92% Cap Rate

3870-3890 SW 2nd Ct
Fort Lauderdale, FL 33312


HIGHLIGHTS

  • Corner parcel with frontage on SW 2nd Court & SW 38th Terrace
  • Stable in-place income with value-add potential
  • Approximately $80,930 annual gross income
  • Tenants pay prorate share of RE Taxes
  • Landlord currently pays for Property Ins and there are No CAM fees
  • On-site parking for tenants and customers

OVERVIEW

CMV Commercial – The Martinez Team is pleased to exclusively present the opportunity to acquire 3870–3890 SW 2nd Court, a multi-tenant retail investment property located in the East end of Plantation, Florida. Positioned on a visible corner parcel within an established neighborhood retail corridor, the property consists of approximately 4,056 square feet and offers investors the opportunity to acquire a stabilized income-producing asset in one of Broward County’s most desirable submarkets. The property benefits from frontage along SW 2nd Court and SW 38th Terrace, providing excellent accessibility and convenient customer parking. The asset is currently configured for multiple tenants, creating diversified income potential and flexibility for future leasing strategies. With approximately $80,930 in annual gross income, the property presents a compelling opportunity for investors seeking stable cash flow with long-term upside potential through lease-up, rental growth, or future repositioning. Surrounded by dense residential neighborhoods and established local businesses, the property benefits from consistent neighborhood traffic and strong demand for service- oriented retail and professional uses. Plantation continues to attract both residents and businesses due to its central Broward County location, strong demographics, and proximity to major transportation corridors including Interstate 95, Interstate 595, and Florida’s Turnpike. The site’s corner positioning, accessibility, and functional layout create a highly desirable neighborhood retail environment within a supply-constrained market. This offering is well-suited for private investors, owner-users, and 1031 exchange buyers seeking a well-located retail asset with in-place income and future upside in South Florida.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$247 USD /SF

CAP RATE

5.92%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Multi-Tenant Retail Investment Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

B-HC

APN/PARCEL ID

50-42-07-08-0730

ASK ABOUT THIS PROPERTY

Gus MartinezCMV Realty LLCMore Info
954-394-7078

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Gus MartinezCMV Realty LLCMore Info
954-394-7078

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