3740 Broward BlvdFort Lauderdale, FL 33312

Property Details for 3740 Broward Blvd

Year built

1961

Construction

CONCRETE

Lot size

0.12 AC

Property size (Sq ft)

2,165 SF

Zone code

B-HC

Property type

Office buildings

APN

50-42-07-08-0042

APU

504207080042

Description

This exceptional office building, located at 3740 W Broward Boulevard in Fort Lauderdale, Florida, presents a unique investment opportunity. Built in 1968, this property boasts a prime location directly adjacent to Bank of America, ensuring high visibility and convenient access. The building is ideal for a variety of uses, including professional offices, retail spaces, or flexible flex space. Recent upgrades include a newly installed roof and three brand-new air conditioning units, ensuring efficient and comfortable operation. The building also features two bathrooms, adding to its functionality. Its strategic location offers quick access to major highways, placing it within easy reach of the entire region. Furthermore, the property benefits from its proximity to a shopping mall, numerous restaurants, and a post office, providing employees and clients with ample amenities. The asking price for this well-maintained and conveniently located office building is $815,000. The lot size is not specified. This property is zoned for office, retail, and flex use. The zip code is 33312.

• CAP approach

  CAP return

  Valuation

  6%

  $643,662

  6.5%

  $594,149

  7%

  $551,710

• Comparable approach

  Method

  Valuation

  Relative Method

  $639,584

  Geo Method

  $639,584

• Alternative Use

  Use

  Valuation

  Residential

  $736,745

  Hospitality

  $674,855

  Educational

  $561,471

  Medical

  $580,781

  Retail

  $873,400

Location Insight

City

Fort Lauderdale

County

Broward

State

Florida

Latitude

26.1207

Longitude

-80.1984

CBSA code

33100

CBSA name

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

Property Tax & Assessments

FAQs

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