717 2Nd StFort Lauderdale, FL 33301

  • Office buildings
  • 9,016 SF
For Lease
$40/SF/YR View listing

Property Details for 717 2Nd St

Year built
1967
Construction
CONCRETE
Lot size
0.17 AC
Property size (Sq ft)
9,016 SF
Zone code
RAC-EMU
Property type
Office buildings
APN
50-42-11-07-0070
APU
504211070070

Description

This exceptional two-suite office building, located at 717 SE 2nd St, Fort Lauderdale, FL 33301, offers prime office space in the heart of the Downtown Las Olas submarket. The Class B building, totaling 8,500 square feet, features two available suites on the second floor, ranging from 1,141 to 2,364 contiguous square feet. One suite (1,141 sq ft) is perfect for executive or creative offices, while the other (2,364 sq ft) is ideally suited for medical or aesthetic practices, complementing the existing first-floor tenant. Both suites boast abundant natural light and are ready for immediate occupancy with existing build-outs. The building sits on a 0.3-acre lot (13,251 sq ft) and includes 15 parking spaces, an elevator, and 9-foot ceilings. Renovated in 2010, this two-story building is zoned RAC-EMU and offers a convenient location near the vibrant Las Olas Boulevard. The property provides a unique opportunity for businesses seeking a prestigious address in a thriving urban environment. Contact us today to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,680,487
    6.5%
    $2,474,296
    7%
    $2,297,560
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,663,507
    Geo Method
    $2,663,507
  • Alternative Use

    Use
    Valuation
    Residential
    $3,068,127
    Hospitality
    $2,810,388
    Educational
    $2,338,210
    Medical
    $2,418,624
    Retail
    $3,637,215

Location Insight

City
Fort Lauderdale
County
Broward
State
Florida
Latitude
26.1209
Longitude
-80.1357
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
$39,569
$337,680
$2,291,070
$2,628,750
-
$337,680
$2,291,070
$2,628,750

FAQs

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