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Atlantic Building 1960 NE 47th St 13,100 SF 100% Leased Office Building Fort Lauderdale, FL 33308 $4,500,000 ($343.51/SF) 6.40% Cap Rate
INVESTMENT HIGHLIGHTS
- PRIME LOCATION in Ft Lauderdale!
- 100% LEASED!
- Close Proximity to Holy Cross Hospital
- Ample Parking
EXECUTIVE SUMMARY
Christian Perlini, CCIM, as exclusive advisor, is pleased to present an incredible opportunity to own a premium medical office building in the heart of Fort Lauderdale. Perfectly situated in a high-demand healthcare corridor, this well-maintained property offers convenience, visibility, and modern functionality—all just minutes from top hospitals, major thoroughfares, and affluent residential neighborhoods.
There are a total of 5 tenants/suites and the building is 100% leased. One of the suites will be a partial sale-leaseback with deals terms TBD.
Whether you're investing in income-generating real estate or seeking a strategic location in Fort Lauderdale, The Atlantic Building located at 1960 NE 47th Street offers unmatched value.
Tours are by Appointment Only. DO NOT DISTURB TENANTS.
There are a total of 5 tenants/suites and the building is 100% leased. One of the suites will be a partial sale-leaseback with deals terms TBD.
Whether you're investing in income-generating real estate or seeking a strategic location in Fort Lauderdale, The Atlantic Building located at 1960 NE 47th Street offers unmatched value.
Tours are by Appointment Only. DO NOT DISTURB TENANTS.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Sale Leaseback
Property Type
Office
Property Subtype
Medical
Building Size
13,100 SF
Building Class
B
Year Built
1964
Price
$4,500,000
Price Per SF
$343.51
Cap Rate
6.40%
NOI
$288,200
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,550 SF
Building FAR
0.59
Lot Size
0.51 AC
Zoning
RMM-25, Ft Lauderdal
Parking
46 Spaces (3.51 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
1 1
Walk Score®
Very Walkable (77)
PROPERTY TAXES
| Parcel Number | 49-42-13-01-1380 | Improvements Assessment | $1,821,050 |
| Land Assessment | $440,240 | Total Assessment | $2,261,290 |
PROPERTY TAXES
Parcel Number
49-42-13-01-1380
Land Assessment
$440,240
Improvements Assessment
$1,821,050
Total Assessment
$2,261,290
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Atlantic Building | 1960 NE 47th St
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