150 12Th StFort Lauderdale, FL 33316

  • Office buildings
  • 10,373 SF
For Lease
$0.90/SF/YR View listing

Property Details for 150 12Th St

Year built
1975
Construction
CONCRETE
Lot size
0.31 AC
Property size (Sq ft)
10,373 SF
Zone code
RO
Property type
Office buildings
APN
50-42-15-10-0350
APU
504215100350

Description

This exceptional Class A office building, located at 150 SE 12th St #3 in Fort Lauderdale, Florida, offers a single-tenant occupancy of 10,373 square feet. The property boasts a highly desirable location, providing easy access to Downtown Fort Lauderdale, Port Everglades, Fort Lauderdale Hollywood International Airport, the Convention Center, beautiful beaches, City Hall, and the Clerk of Courts. Its zoning is designated as RO. The building features a modern design with floor-to-ceiling windows in the private office spaces, maximizing natural light and offering stunning views. Shared common areas include a well-appointed conference room, a comfortable waiting lobby, and conveniently located restrooms and hallways. The property's Asset Property Number (APN) is 504215100350. This single-suite building is perfect for a variety of professional uses, including traditional office, executive office, and medical office settings. Its prime location and sophisticated amenities make it an ideal choice for businesses seeking a prestigious and functional workspace in the heart of Fort Lauderdale. The building's total square footage is 10,373 square feet, and the property is zoned for office use. This is a rare opportunity to acquire a high-quality, single-tenant office building in a highly sought-after area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,711,138
    6.5%
    $3,425,666
    7%
    $3,180,975
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,448,772
    Geo Method
    $4,448,772
  • Alternative Use

    Use
    Valuation
    Residential
    $4,247,826
    Hospitality
    $3,890,985
    Educational
    $3,237,254
    Medical
    $3,348,588
    Retail
    $5,035,728

Location Insight

City
Fort Lauderdale
County
Broward
State
Florida
Latitude
26.1073
Longitude
-80.1413
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$37,052
$163,970
$1,455,230
$1,619,200
-
$163,970
$1,455,230
$1,619,200

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].