Active

3047 N Federal Hwy

Fort Lauderdale FL, 33306

$2,500,000


$798.72 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

July 13, 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

315


Association Fee

$450


Association Fee Frequency

Monthly


Garage

No


Parking

Common


View

No


County

Broward County


Water Source

Public


Pool

No

Listing History

Date

Event

Price

7/1/2024

Price Change

$2,500,000

-10%

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 5:13 PM UTC, 7/13/2024

 

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