For Sale
$1,499,000

1620 4Th AveFort Lauderdale, FL 33316

Prime location, 1923 sq ft, vacant.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 1,923-square-foot free-standing office building presents a unique investment opportunity in the heart of Fort Lauderdale. Located directly adjacent to the Broward Health Medical Complex, this Class B property boasts a prime location within a rapidly developing area. Built in 1960 and renovated in 2013, the building sits on a rare 14,175-square-foot lot (approximately one-third of an acre), offering significant potential for expansion, additional parking, or even a complete redevelopment project. Currently vacant, this single-story building features 11 parking spaces and is zoned RO. The asking price is $1,499,000, translating to $779.51 per square foot. The land value alone is $105.75 per square foot. The property's proximity to major shopping centers, hotels, high-end residential neighborhoods, the 17th Street Causeway, Fort Lauderdale-Hollywood International Airport, and Port Everglades makes it exceptionally attractive. The ongoing redevelopment of the surrounding area, including the expansion of the Broward Health Campus and numerous new multifamily, hotel, and retail projects, further enhances its investment potential. This is an ideal owner-user opportunity for businesses and professionals seeking a strategic location in a thriving market.

Highlights

  • 1,923 SF free-standing office building near downtown Fort Lauderdale, ideal for business/professional use.
  • Rare 0.33-acre lot allows for expansion, additional parking, or redevelopment.
  • Excellent location near major shopping, hotels, upscale residential, 17th Street Causeway, Fort Lauderdale Airport (FLL), and Port Everglades.

Property Details for 1620 4Th Ave

Property type
Office properties, Medical offices
Square Feet
1,923 SF
Class
B
Year Built/Renovated
1960/2013
Buildings
1
Stories
1

Location Insight

City
Fort Lauderdale
County
Broward
State
Florida
Latitude
26.101439854347
Longitude
-80.138808251629
1620 4Th Ave, Fort Lauderdale, Florida

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1620 4Th Ave
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