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Prime 3/4 acre Site on Federal Highway 1901 S Federal Hwy 7,915 SF 100% Leased Retail Building Fort Lauderdale, FL 33316 $6,382,600 CAD ($806.39 CAD/SF)
Investment Highlights
- Approved 9,901 SF retail building with 49 parking spaces
- 32,577 SF (3/4 acre) across three contiguous parcels, $144.27 PSF
- Interim income in place from existing tenants on short-term leases
- 109 feet of frontage on South Federal Highway with 59,000 AADT
- Split zoning: B-1 (front) and X-P (rear), with medium-high residential land use on rear parcels for future flexibility
- SE Fort Lauderdale corridor with active hotel, retail, and medical office redevelopment
Executive Summary
A 3/4 acre redevelopment site on South Federal Highway with city-approved plans for a 9,901 SF retail building, 49 parking spaces, and 109 feet of frontage on a corridor carrying 59,000 vehicles per day. The existing 7,915 SF building and rear residential improvements are leased on short-term terms, providing holding income through the permitting and design cycle.
Located in SE Fort Lauderdale between the 17th Street Causeway and downtown, the immediate corridor is in active redevelopment with new hotel, restaurant, retail, and medical office projects underway. Minutes to Fort Lauderdale-Hollywood International Airport, Port Everglades, Broward Health's main campus, and the new Broward County Convention Center.
Located in SE Fort Lauderdale between the 17th Street Causeway and downtown, the immediate corridor is in active redevelopment with new hotel, restaurant, retail, and medical office projects underway. Minutes to Fort Lauderdale-Hollywood International Airport, Port Everglades, Broward Health's main campus, and the new Broward County Convention Center.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
7,915 SF
Building Class
C
Year Built/Renovated
1959/2018
Price
$6,382,600 CAD
Price Per SF
$806.39 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.61
Lot Size
0.30 AC
Zoning
B-1/X-P - B-1 ( Business) for the front parcel and X-P (Parking for the two rear parcels)
Parking
16 Spaces (2.02 Spaces per 1,000 SF Leased)
Frontage
109’ on Federal Highway / US 1
Amenities
- Corner Lot
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Broward Signs
- Manufacturing
- -
- -
- -
- Zodiac-Fort Lauderdale
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Broward Signs | Manufacturing | - | - | - | ||
| Zodiac-Fort Lauderdale | Retailer | - | - | - |
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 50-42-15-13-0130 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $3,101,737 CAD |
Property Taxes
Parcel Number
50-42-15-13-0130
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,101,737 CAD
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Prime 3/4 acre Site on Federal Highway | 1901 S Federal Hwy
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