Active

3047 N Federal Hwy

Fort Lauderdale FL, 33306

$2,250,000


$365.85 per sqft

Active

6,150 sqft

Commercial

Built in 1959

This high-end medical/business building is a Great Investment in East Fort Lauderdale. Fully Leased with a Dental Office on the First Floor and a Property Management Company on the Second floor. The forty-year Inspection recently passed. Class A Finishes on the interior. One ADA Bathroom and two additional regular bathrooms. Ample common free parking in front and side of the building. WELL-LOCATED at North Federal Highway and Oakland Park Boulevard with a traffic count over 100,000 cars per day. Opportunity exists to increase the CAP Rate with the next lease renewal for upstairs. Virtual Tour for First and Second Floors in the links above. Buyers are required to show proof of funds or Pre-Qualification Letter and sign an NDA prior to Showings. NDA and Floorplans are attached.

F10460691

MLS ID

September 11, 2024

Listed

November 24, 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

75


Association Fee

$450


Association Fee Frequency

Monthly


Garage

No


Parking

Common


View

No


County

Broward


Water Source

Public


Pool

No

Listing History

Date

Event

Price

11/21/2024

Active

9/26/2024

Pending

Listed by: RE/MAX Experience
Listing Contact:  

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Data last updated 8:20 AM UTC, 11/24/2024

 

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