1948 Sunrise BlvdFort Lauderdale, FL 33304

Property Details for 1948 Sunrise Blvd

Year built

1953

Construction

CONCRETE

Lot size

0.08 AC

Property size (Sq ft)

5,547 SF

Zone code

B-1

Property type

Investment properties

Property subtype

Retail residential properties

APN

50-42-01-19-0090

APU

504201190090

Description

This Fort Lauderdale office property, located at 1948 E Sunrise Boulevard, offers multiple tenancy options in a vibrant location. The building features two available spaces ranging from 250 to 313 square feet, and additional larger spaces of 450 and 2,223 square feet are also available. Situated in the trendy Victoria Park neighborhood, this property provides easy access to the beach, Downtown Fort Lauderdale, and Flagler Village. The building is zoned B-1 and boasts a lush tropical courtyard. Smaller suites offer private access and ample natural light, making them ideal for businesses seeking a creative and attractive work environment. Larger spaces are also available, providing flexibility for businesses of various sizes. The property is offered on a triple net lease (NNN) basis, with estimated additional costs of $11.63 per square foot. Monthly rent for the 450 sq ft space is $1,589. This is a rare opportunity to secure office space in a highly desirable Fort Lauderdale location. The property's address is 1948 E Sunrise Boulevard, Fort Lauderdale, Florida 33304, and the Broward County APN is 504201190090.

• CAP approach

  CAP return

  Valuation

  6%

  $2,044,936

  6.5%

  $1,887,633

  7%

  $1,752,802

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,539,977

  Geo Method

  $2,539,977

• Alternative Use

  Use

  Valuation

  Residential

  $1,887,633

  Hospitality

  $1,729,062

  Educational

  $1,438,559

  Medical

  $1,488,033

  Retail

  $2,237,758

Location Insight

City

Fort Lauderdale

County

Broward

State

Florida

Latitude

26.1366

Longitude

-80.1198

CBSA code

33100

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].