7100 W Commercial Boulevard, Fort Lauderdale, FL 33319
Listing Snapshot
| List Price | $7,250,000 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 0 sqft |
| Lot Size | 2.66 acres |
| Year Built | 1984 |
| Property Tax | $59,181/yr |
| MLS # | 1118053786 |
| Status | Active |
| Days on Market | 479 |
About This Home
This prime location offers signage, excellent visibility and accessibility, positioned along a bustling commercial corridor with proximity to major roadways such as Florida’s Turnpike and University Drive. The property comprises 33,178 SF of office space, situated on a 115,998 SF lot with 85 parking spaces, offering a total of 20 units within this corporate center. The property also offers 7,000 SF of contiguous space, ideal for an owner-user while maintaining income from the remaining tenants. Currently 78% occupied by twelve tenants, the property generates $584k annually with a 8% actual capitalization rate. An investor can lease out the vacant units at market rates to increase the annual net income to $799,247, providing a strong 11% pro-forma cap rate. This prime location and value-driven pricing make it an unparalleled opportunity for investors.
General Features
- Property Type
- CommercialSale
- Sub-type
- Office
- Zoning
- CG
Interior Features
Exterior Features
Community Features
- MLS Area
- 3740
Map
Virtual Tour
View Virtual TourMLS# 1118053786 · BEACH
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Estimate Your Payment
20% down · Loan: $5,800,000
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.