Active
3047 N Federal Hwy
Fort Lauderdale FL, 33306
$2,750,000
$878.59 per sqft
Active
3,130 sqft
Commercial
Built in 1959
Great investment high end building in East Fort Lauderdale. Fully leased with dental services on the first floor and a management company on the second floor. The building recently passed its 40-year inspection. Class A finishes on the interior. One ADA bathroom and two additional bathrooms. Ample common free parking in front and side of the building. Tremendous location on North Federal and Oakland Park Blvd. with a traffic count over 100,000 cars per day. Opportunity to improve the cap rate with the next lease renewal. Virtual tour for 1st & 2nd floor available through the links below. Buyers are required to show proof of funds or pre-qual letter and sign a NDA prior to showings. NDA and floor plans are on MLS attachments.
F10396875
MLSⓇ ID
August 27, 2023
Listed
May 9, 2024
Updated
Map
3047 N Federal Hwy
Fort Lauderdale FL, 33306
Interior Features
Total Stories
2
Floor Description
Ceramic Tile, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.07 Acres
Roof
Other
Sewer
Public Sewer
Other Property Details
Area Name
3380
Taxes
$24,391
Tax Frequency
Annually
Days on Market
243
Association Fee
$450
Association Fee Frequency
Monthly
Garage
No
Parking
Common
View
No
County
Broward County
Water Source
Public
Pool
No
Buyer Agency Compensation
3.0%
Listing History
Date | Event | Price |
---|---|---|
9/28/2023 | Price Change | $2,750,000 -9% |
Listed by: RE/MAX Experience
Listing Contact: (954) 649-6605
All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.
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Data last updated 3:45 PM UTC, 5/9/2024