3343 33Rd StFort Lauderdale, FL 33308

Property Details for 3343 33Rd St

Year built

1975

Construction

CONCRETE

Lot size

0.06 AC

Property size (Sq ft)

1,866 SF

Zone code

CB

Property type

Healthcare properties

Property subtype

Medical offices

APN

49-43-19-01-0970

APU

494319010970

Description

This exceptional 1,866 square foot retail space is ideally situated in Fort Lauderdale's desirable Galt Ocean Mile, a vibrant beachside shopping area in North Fort Lauderdale. The property, located at 3343 NE 33rd St, Fort Lauderdale, FL 33308, is zoned CB and features a single-tenant occupancy within a one-story building (APN: 494319010970). Previously configured as a dental office, the space boasts a functional layout including two offices, eight exam/treatment rooms, a lab, and a reception area. This versatile space presents a fantastic opportunity for a variety of businesses. The surrounding area is bustling with residential condos, restaurants, salons, art shops, and wine bars, ensuring high foot traffic and visibility. Convenient access is provided by its proximity to A1A N Ocean Blvd and 33rd Street. Ample parking is available both in the rear of the property and on the street. The lease is a triple net lease, meaning the tenant is responsible for pass-through costs. A potential built-out allowance may be available, making this an attractive option for businesses seeking a move-in ready space or the ability to customize their ideal layout. This property offers a unique blend of convenience, visibility, and potential, making it an excellent investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $554,768

  6.5%

  $512,094

  7%

  $475,516

• Comparable approach

  Method

  Valuation

  Relative Method

  $551,254

  Geo Method

  $551,254

• Alternative Use

  Use

  Valuation

  Residential

  $634,996

  Hospitality

  $581,653

  Educational

  $483,928

  Medical

  $500,572

  Retail

  $752,778

Location Insight

City

Fort Lauderdale

County

Broward

State

Florida

Latitude

26.1694

Longitude

-80.101

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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