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1525 NE 4th Ave 926 SF Retail Building Fort Lauderdale, FL 33304 $818,863 CAD ($884.30 CAD/SF) 5.58% Cap Rate
Investment Highlights
- Long-Term Income: 9 years remaining on an existing lease
- Strong Location: Minutes from Downtown Fort Lauderdale, Flagler Village, and Wilton Manors
- Stable Tenant: Proven operator with long-term commitment to the site
- Hands-Off Investment
- High Visibility: Prime frontage along NE 4th Ave with consistent daily traffic
- Ideal for 1031 Exchange: Secure, long-term, low-maintenance income stream
Executive Summary
Prime investment opportunity in the heart of Fort Lauderdale. The property is 100% leased with 9 years remaining, offering stable, predictable income in a rapidly growing corridor. Strong tenant, minimal landlord responsibilities, and excellent visibility along NE 4th Ave. Ideal long-term hold in a supply-constrained market.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$57,364
|
$61.95
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$57,364
|
$61.95
|
| Taxes |
$9,083
|
$9.81
|
| Operating Expenses |
$2,576
|
$2.78
|
| Total Expenses |
$11,658
|
$12.59
|
| Net Operating Income |
$45,706
|
$49.36
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $57,364 |
| Annual Per SF | $61.95 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $57,364 |
| Annual Per SF | $61.95 |
| Taxes (CAD) | |
|---|---|
| Annual | $9,083 |
| Annual Per SF | $9.81 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $2,576 |
| Annual Per SF | $2.78 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $11,658 |
| Annual Per SF | $12.59 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $45,706 |
| Annual Per SF | $49.36 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
926 SF
Building Class
C
Year Built
1960
Price
$818,863 CAD
Price Per SF
$884.30 CAD
Cap Rate
5.58%
NOI
$45,705 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.14 AC
Zoning
CB - CB
Parking
6 Spaces (12.96 Spaces per 1,000 SF Leased)
Frontage
50’ on 4th Ave
Amenities
- Bus Line
Walk Score®
Very Walkable (78)
Nearby Major Retailers
Property Taxes
| Parcel Number | 49-42-34-01-7670 | Total Assessment | $431,430 CAD (2026) |
| Land Assessment | $171,339 CAD (2026) | Annual Taxes | $9,083 CAD ($9.81 CAD/SF) |
| Improvements Assessment | $260,091 CAD (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
49-42-34-01-7670
Land Assessment
$171,339 CAD (2026)
Improvements Assessment
$260,091 CAD (2026)
Total Assessment
$431,430 CAD (2026)
Annual Taxes
$9,083 CAD ($9.81 CAD/SF)
Tax Year
2025
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1525 NE 4th Ave
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