Commercial property in Fort Lauderdale, Florida № 2029994

Commercial property in Fort Lauderdale, Florida № 2029994
ID2029994 $ 2 300 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
2029994

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.
MLS #: A11969103
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CityFort Lauderdale
Address3542 N Federal Hwy, Fort Lauderdale FL 33308
TypeCommercial property
Completion dateIV quarter, 1985
Price
  • Price
  • per m²
$ 2 300 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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