1212 Broward BlvdFort Lauderdale, FL 33301

Property Details for 1212 Broward Blvd

Year built

1987

Construction

CONCRETE

Lot size

0.44 AC

Property size (Sq ft)

16,547 SF

Zone code

RO

Property type

Office properties

Property subtype

Office buildings

APN

50-42-11-01-1260

APU

504211011260

Description

This exceptional 2,106 square foot executive office suite is ideally situated at 1212 E Broward Blvd in Fort Lauderdale, Florida, zip code 33301. Located on the second floor of a three-story building constructed in 1987, this single-tenant space offers a highly desirable location between Victoria Park and Colee Hammock, just blocks from Las Olas Boulevard and the state and federal courthouses. The building features one building on a 0.44-acre lot and provides convenient access to major roadways including US-1/Federal Highway and I-95 via Broward Boulevard. Parking is plentiful with 161 total spaces, including several covered, reserved spaces and open, unreserved parking. The property boasts a recently completed, $1.5 million renovation encompassing elevators, hallways, and restrooms. The asking rent is $33.00 per square foot, plus $11.71 per square foot in NNN charges, totaling $7,846.61 per month plus applicable taxes. This property is perfect for professionals seeking a prestigious and well-maintained office space in a prime Fort Lauderdale location. The building includes elevators.

• CAP approach

  CAP return

  Valuation

  6%

  $4,919,478

  6.5%

  $4,541,058

  7%

  $4,216,696

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,888,314

  Geo Method

  $4,888,314

• Alternative Use

  Use

  Valuation

  Residential

  $5,630,911

  Hospitality

  $5,157,884

  Educational

  $4,291,299

  Medical

  $4,438,884

  Retail

  $6,675,354

Location Insight

City

Fort Lauderdale

County

Broward

State

Florida

Latitude

26.1223

Longitude

-80.1308

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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