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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



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
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
1 LOT AVAILABLE
Lot
| Price | $9,631,848 CAD | Lot Size | 0.57 AC |
| Price Per AC | $16,782,533.25 CAD |
| 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
1 1
Walk Score®
Very Walkable (86)
PROPERTY TAXES
| Parcel Number | 49-42-25-05-0170 | Improvements Assessment | $880,116 CAD |
| Land Assessment | $876,400 CAD | Total Assessment | $1,756,516 CAD |
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
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2781 N Federal Hwy - Majestic Car Wash
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