3047 Federal Hwy, Fort Lauderdale, FL 33306
Priced at Only: $2,250,000
Would you like to sell your home before you purchase this one?
- MLS#: F10460691 ( Commercial/Industrial )
- Street Address: 3047 Federal Hwy
- Viewed: 2
- Price: $2,250,000
- Price sqft: $366
- Waterfront: No
- Year Built: 1959
- Bldg sqft: 6150
- Days On Market: 130
- Additional Information
- County: BROWARD
- City: Fort Lauderdale
- Zipcode: 33306
- Provided by: RE/MAX Experience
- Contact: Mike Camardello
- (954) 541-8441
- DMCA Notice
Description
This high end medical/business building is a Great Investment in East Fort Lauderdale. Fully Leased with a Dental Office on the First Floor and a Property Management Company on the Second floor. The forty year Inspection recently passed. Class A Finishes on the interior. One ADA Bathroom and two additional regular bathrooms. Ample common free parking in front and side of the building. WELL LOCATED at North Federal Highway and Oakland Park Boulevard with a traffic count over 100,000 cars per day. Opportunity exists to increase the CAP Rate with the next lease renewal for upstairs. Virtual Tour for First and Second Floors in the links above. Buyers are required to show proof of funds or Pre Qualification Letter and sign an NDA prior to Showings. NDA and Floorplans are attached.
Payment Calculator
- Principal & Interest -
- Property Tax $
- Home Insurance $
- HOA Fees $
- Monthly -
Features
Building and Construction
- Ceiling Description: Acoustical
- Construction Type: Concrete Block Construction
- Floor Description: Ceramic Floor, Vinyl Floors
- Maximum Leasable Sqft: 3000
- Num Stories: 2.0000
- Roof Description: Other Roof
- Typeof Building: Commercial, Free Standing, Medical Office, Shopping Center
- Year Built Description: Resale
Property Information
- Transaction Type Mlx: Sale
- Typeof Property: Commercial
Land Information
- Lot Sq Footage: 3130
- Total Acreage: 0.0719
Garage and Parking
- Parking Description: Common Parking
Eco-Communities
- Environmental Audit: None
- Water Description: Public Water
Utilities
- Cooling Description: Central Individual A/C
- Fire Protection: Smoke Alarm, Smoke Detector
- Heating Description: Central Individual A/C
- Sewer Description: Public Sanitation
- Utility Expense: 6600
Amenities
- Common Area Maint Includes: Exterior Electric, Outside Insurance, Lawn Care, Exterior Maintenance
Finance and Tax Information
- Assoc Fee Paid Per: Monthly
- Home Owners Association Fee: 450
- Dade Assessed Amt Soh Value: 1069740
- Dade Market Amt Assessed Amt: 1069740
- Insurance Expense: 8400
- Net Operating Income: 113609
- Other Income Expense: 17400
- Sourceof Expenses: Owner Provided
- Tax Year: 2023
- Total Expenses: 41791
- Trash Expense: 2400
Other Features
- Board Identifier: BeachesMLS
- Geographic Area: Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)
- Information Available: Aerial Photo(S), Copy Of Lease(S), Photos
- Legal Description: CORAL SHOPPING CENTER 29-30 B LOTS 30 & 31
- Locationof Property: Central Business District, City Location, Shopping Center
- Miscellaneous Information: Exterior Lighting
- Occupancy Percentage: 100.0000
- Parcel Number Mlx: 0240
- Parcel Number: 494225080240
- Possession Information: At Closing
- Postal Code + 4: 1403
- Sale Includes: Building & Land
- Section: 25
- Zoning Information: B-1
Owner Information
- Owners Phone: WH
Contact Info
- John DeSalvio, REALTOR ®
- Office: 954.470.0212
- Mobile: 954.470.0212
- jdrealestatefl@gmail.com
