212 8Th StFort Lauderdale, FL 33316

Property Details for 212 8Th St

Year built

1986

Construction

CONCRETE

Lot size

0.32 AC

Property size (Sq ft)

1,706 SF

Zone code

RAC-CC

Property type

Office properties

Property subtype

Office buildings

APN

50-42-10-28-0920

APU

504210280920

Description

This exceptional 3,500 square foot Class B office building in Fort Lauderdale's desirable Southeast Florida submarket offers a prime location. Situated at 212 SE 8th St, between SE 3rd Avenue and South Andrews Avenue, this single-story building boasts convenient access to US 1 and I-95. The property is zoned RAC-CC and sits on a 14,000 square foot lot in Broward County (zip code 33316). The building is currently fully vacant and can be leased as a whole (3,500 square feet) or divided into two 1,750 square foot suites. Each suite includes private offices, a reception/waiting area, administrative office, conference room, kitchenette, and two restrooms. Free surface parking is available. Its proximity to the Broward County Courthouse and the new Federal Courthouse makes this an ideal location for legal professionals and other businesses. The building's convenient location offers easy access to major roadways, ensuring seamless commutes for employees and clients. This is a rare opportunity to secure a well-located, versatile office space in a thriving area of Fort Lauderdale. Immediate occupancy is available.

• CAP approach

  CAP return

  Valuation

  6%

  $596,773

  6.5%

  $550,868

  7%

  $511,520

• Comparable approach

  Method

  Valuation

  Relative Method

  $686,255

  Geo Method

  $686,255

• Alternative Use

  Use

  Valuation

  Residential

  $683,076

  Hospitality

  $625,694

  Educational

  $520,570

  Medical

  $538,473

  Retail

  $809,776

Location Insight

City

Fort Lauderdale

County

Broward

State

Florida

Latitude

26.1119

Longitude

-80.1408

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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