List Search

3047-3049 N Federal Hwy
Fort Lauderdale, FL 33306

$2,250,000 USD

Medical For Sale  •  6,000 SF

Property Details

  • Property Type Medical
  • Total Building Size 6,000 SF
  • Lot Size 0.07 AC
  • Building Class C
  • Year Built 1959
  • Cap Rate 4.58 %
  • Tenancy Multiple
  • Zoning B-1
39 Transit Score
84 Walk Score

Highlights

Prime investment opportunity to acquire a fully leased medical and office asset with value-add potential in a business-friendly South Florida climate.
Benefit from high visibility, heavy vehicle and foot traffic, and connectivity to nearby cities, international markets, health care, and retail.
Property features include professional décor, ample public parking, and prominent signage.
Strategically located near major thoroughfares, the airport, and less than half a mile from Coral Center and Times Square Plaza.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $103,060 USD (2024)
Cap Rate: 4.58 %
Total Expenses: $55,880 USD

Major Tenants

Tenant SF Occupied Lease End Date
Howard R. Cunningham, D.D.S., P.A. 3,133 SF 12/31/2028
M G Property Management 2,954 SF 12/31/2025

Amenities

  • 24 Hour Access
  • Signage
  • Reception
  • Air Conditioning
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Cypress Creek (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 9 min - 4.3 mi
Fort Lauderdale (Mainline - Brightline) 9 min - 4.4 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 21 min - 12.0 mi
Miami International 57 min - 37.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 50
Type: Surface
Included in Rent: Yes
Michael Camardello 954-649-6605 Re/MAX Experience
Michael Camardello 954-649-6605 Re/MAX Experience