100 15Th AveFort Lauderdale, FL 33301

Property Details for 100 15Th Ave

Year built

1957

Construction

CONCRETE

Lot size

0.31 AC

Property size (Sq ft)

4,152 SF

Zone code

RM-15

Property type

Office properties

Property subtype

Office buildings

APN

50-42-11-01-2630

APU

504211012630

Description

This exceptional 4,152 square-foot medical office building presents a unique owner-user opportunity in Fort Lauderdale, Florida. Located at 100 SE 15th Ave, this single-story, Class B building sits on a 13,500 square-foot lot (.31 acres) and boasts 32 parking spaces. Built in 1957 and extensively renovated in 2020, the property is zoned RM-15 and offers a turnkey solution for medical professionals. The asking price is $2,860,000, translating to $688.82 per square foot. Currently vacant, this high-visibility building is ideally situated near Las Olas Boulevard, equidistant from two major hospital campuses, and provides easy access to US 1 and I-95. The building features multiple exam/procedure rooms, waiting areas, and additional office space, making it suitable for a variety of medical practices. This location benefits from the highest demographics in Broward County, ensuring a strong patient base. The property's prime location and recent renovations make it an attractive investment for those seeking a thriving medical practice in a desirable area of Fort Lauderdale. The building is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $1,234,404

  6.5%

  $1,139,449

  7%

  $1,058,060

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,226,584

  Geo Method

  $1,226,584

• Alternative Use

  Use

  Valuation

  Residential

  $1,412,917

  Hospitality

  $1,294,225

  Educational

  $1,076,780

  Medical

  $1,113,812

  Retail

  $1,674,991

Location Insight

City

Fort Lauderdale

County

Broward

State

Florida

Latitude

26.1215

Longitude

-80.1284

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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