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1525 NE 4th Ave 926 SF Retail Building Fort Lauderdale, FL 33304 $956,205 CAD ($1,032.62 CAD/SF) 4.88% 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 |
$58,576
|
$63.26
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$58,576
|
$63.26
|
| Taxes |
$9,274
|
$10.02
|
| Operating Expenses |
$2,630
|
$2.84
|
| Total Expenses |
$11,904
|
$12.86
|
| Net Operating Income |
$46,671
|
$50.40
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $58,576 |
| Annual Per SF | $63.26 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $58,576 |
| Annual Per SF | $63.26 |
| Taxes (CAD) | |
|---|---|
| Annual | $9,274 |
| Annual Per SF | $10.02 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $2,630 |
| Annual Per SF | $2.84 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $11,904 |
| Annual Per SF | $12.86 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $46,671 |
| Annual Per SF | $50.40 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
926 SF
Building Class
C
Year Built
1960
Price
$956,205 CAD
Price Per SF
$1,032.62 CAD
Cap Rate
4.88%
NOI
$46,670 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 | $463,176 CAD |
| Land Assessment | $175,804 CAD | Annual Taxes | $9,274 CAD ($10.02 CAD/SF) |
| Improvements Assessment | $287,372 CAD | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
49-42-34-01-7670
Land Assessment
$175,804 CAD
Improvements Assessment
$287,372 CAD
Total Assessment
$463,176 CAD
Annual Taxes
$9,274 CAD ($10.02 CAD/SF)
Tax Year
2025
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1525 NE 4th Ave
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