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1525 NE 4th Ave 926 SF Retail Building Fort Lauderdale, FL 33304 $599,000 ($646.87/SF) 5.58% Cap Rate
Investment Highlights
- Long-Term Income: 9 years remaining on an existing lease
- Strong Location: Minutes from Downtown Fort Lauderdale, Flagler Village, and Wilton Manors
- Stable Tenant: Proven operator with long-term commitment to the site
- Hands-Off Investment
- High Visibility: Prime frontage along NE 4th Ave with consistent daily traffic
- Ideal for 1031 Exchange: Secure, long-term, low-maintenance income stream
Executive Summary
Prime investment opportunity in the heart of Fort Lauderdale. The property is 100% leased with 9 years remaining, offering stable, predictable income in a rapidly growing corridor. Strong tenant, minimal landlord responsibilities, and excellent visibility along NE 4th Ave. Ideal long-term hold in a supply-constrained market.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$41,962
|
$45.32
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$41,962
|
$45.32
|
| Taxes |
$6,644
|
$7.17
|
| Operating Expenses |
$1,884
|
$2.03
|
| Total Expenses |
$8,528
|
$9.21
|
| Net Operating Income |
$33,434
|
$36.11
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $41,962 |
| Annual Per SF | $45.32 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $41,962 |
| Annual Per SF | $45.32 |
| Taxes | |
|---|---|
| Annual | $6,644 |
| Annual Per SF | $7.17 |
| Operating Expenses | |
|---|---|
| Annual | $1,884 |
| Annual Per SF | $2.03 |
| Total Expenses | |
|---|---|
| Annual | $8,528 |
| Annual Per SF | $9.21 |
| Net Operating Income | |
|---|---|
| Annual | $33,434 |
| Annual Per SF | $36.11 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
926 SF
Building Class
C
Year Built
1960
Price
$599,000
Price Per SF
$646.87
Cap Rate
5.58%
NOI
$33,433
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.14 AC
Zoning
CB - CB
Parking
6 Spaces (12.96 Spaces per 1,000 SF Leased)
Frontage
50’ on 4th Ave
Amenities
- Bus Line
Walk Score®
Very Walkable (78)
Nearby Major Retailers
Property Taxes
| Parcel Number | 49-42-34-01-7670 | Total Assessment | $329,590 |
| Land Assessment | $125,100 | Annual Taxes | $6,644 ($7.17/SF) |
| Improvements Assessment | $204,490 | Tax Year | 2025 |
Property Taxes
Parcel Number
49-42-34-01-7670
Land Assessment
$125,100
Improvements Assessment
$204,490
Total Assessment
$329,590
Annual Taxes
$6,644 ($7.17/SF)
Tax Year
2025
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1525 NE 4th Ave
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