3696 Federal HwyFort Lauderdale, FL 33308

Property Details for 3696 Federal Hwy

Year built

1989

Construction

CONCRETE

Lot size

1.37 AC

Property size (Sq ft)

37,158 SF

Zone code

B-1

Property type

Office properties

Property subtype

Office buildings

APN

49-42-24-07-3610

APU

494224073610

Description

This exceptional three-story, Class B Coral Ridge Office Center, located at 3696 N Federal Hwy, Fort Lauderdale, FL 33308, offers 37,184 square feet of versatile office space. Built in 1989, the property sits on 1.37 acres and is zoned B-1. Currently, there is 16,879 square feet of vacant space available, with a minimum divisible unit of 3,745 square feet and a maximum contiguous space of 3,745 square feet. The building consists of one structure with a total of one suite. The property is ideally suited for a variety of office uses, including medical, executive, creative, and traditional office settings. Its convenient location in Fort Lauderdale provides easy access to major transportation routes and amenities. The property's features make it an attractive option for businesses seeking high-quality office space in a desirable location. This is a unique opportunity to secure a significant amount of space in a well-maintained building with ample parking. The property's versatility and prime location make it an excellent investment opportunity. Interested parties should inquire about the available space and lease terms. The APN is 49-42-24-07-3610.

• CAP approach

  CAP return

  Valuation

  6%

  $11,047,198

  6.5%

  $10,197,414

  7%

  $9,469,027

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,977,216

  Geo Method

  $10,977,216

• Alternative Use

  Use

  Valuation

  Residential

  $12,644,793

  Hospitality

  $11,582,562

  Educational

  $9,636,556

  Medical

  $9,967,972

  Retail

  $14,990,198

Location Insight

City

Fort Lauderdale

County

Broward

State

Florida

Latitude

26.1728

Longitude

-80.1188

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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