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2781 N Federal Hwy - Majestic Car Wash 0.57 Acres of Commercial Land Offered at $9,631,848 CAD in Fort Lauderdale, FL 33306

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INVESTMENT HIGHLIGHTS

  • Core Investment, full-service car wash operation in-place
  • Future redevelopment potential for MOB, retail, or mixed-use
  • Heavy daytime traffic/ 50,000 AADT
  • 7.5% In-place, 6.3% Tax-adjusted cap rate
  • Surrounded by affluent, established neighborhoods

EXECUTIVE SUMMARY

eXp Commercial, LLC is pleased to present the opportunity to acquire Majestic Car Wash at 2781 N Federal Highway, Fort Lauderdale, FL.
This core asset combines a profitable, cash-flowing business with trophy real estate in one of Fort Lauderdale’s most visible corridors. The lot consists of 0.57 acres along U.S. 1, N Federal Hwy, drawing more than 50,000 vehicles per day between Coral Ridge Mall and River Market. Currently operating as a full-service car wash generating over $500,000 in EBITDA, the site offers both strong in-place income and meaningful long-term redevelopment potential.
100% bonus depreciation is now available. This allows buyers to immediately depreciate qualifying improvements and equipment placed in service at acquisition, providing powerful upfront tax benefits that can significantly enhance returns on day one.
Beyond the operating business, the property’s zoning and demographics create a natural canvas for future medical, retail, or mixed-use development. The affluent Coral Ridge Country Club Estates neighborhood, with its higher median age and income, underscores unmet demand for modern professional and consumer services along this corridor.
This is a rare chance to acquire both profitable business and trophy real estate with immediate tax advantages, in one of Fort Lauderdale’s most desirable submarkets.
For further information regarding this opportunity contact:
Alan Grobman | 954.320.6702 | alan.grobman@expcommercial.com

PROPERTY FACTS

Price $9,631,848 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Carwash
  • Hotel
  • Medical
  • Motel
  • Rehabilitation Centre
  • Restaurant
Total Lot Size 0.57 AC
No. Stories 1
Zoning B-1 - BOULEVARD BUSINESS - B-1 Zoning Req Max height 150 ft Min lot size None Min lot width None Max FAR None Setbacks Min front 5 ft Min corner 5 ft Min side None Min rear None

1 LOT AVAILABLE

Lot

Price $9,631,848 CAD
Price Per AC $16,782,533.25 CAD
Lot Size 0.57 AC

Located directly on US1/N Federal Highway in Ft. Lauderdale, between NE 26th st. & E Oakland Park Blvd.

DESCRIPTION

Full-service car wash

Walk Score®
Very Walkable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-42-25-05-0170
Land Assessment
$876,400 CAD
Improvements Assessment
$880,116 CAD
Total Assessment
$1,756,516 CAD
  • Listing ID: 36180538

  • Date on Market: 2025-06-10

  • Last Updated:

  • Address: 2781 N Federal Hwy, Fort Lauderdale, FL 33306

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