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Coral Shopping Center 3061 N Federal Hwy 7,305 SF 81% Leased Retail Building Fort Lauderdale, FL 33306 $4,995,000 ($683.78/SF) 6% Cap Rate

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Investment Highlights

  • Heavy Traffic Signalized Corner
  • Great for owner/user or just investment
  • Signage

Executive Summary

Prime retail investment opportunity at one of Fort Lauderdale’s busiest and most visible intersections — Oakland Park Blvd & Federal Hwy. This high-traffic corner location offers exceptional exposure, outstanding signage, and strong daily traffic counts, making it ideal for both investors and owner-users. The property features multiple retail spaces, allowing a buyer to occupy one unit while leasing the remaining spaces for maximum income potential. Solid in-place cash flow with an attractive cap rate and upside through rent optimization. Excellent demographics, strong surrounding retail, and easy access. Priced aggressively for a quick sale. Rare opportunity to secure a trophy corner in a premier South Florida corridor.

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
7,305 SF
Building Class
B
Year Built
1993
Price
$4,995,000
Price Per SF
$683.78
Cap Rate
6%
NOI
$299,700
Percent Leased
81%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.99
Lot Size
0.17 AC
Zoning
B-1 - Commercial
Parking
100 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
150’ on N Federal Hwy

Amenities

  • Bus Line
  • Corner Lot
  • Freeway Visibility
  • Security System
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Storage Space
  • Monument Signage
  • Air Conditioning

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Cigar Grail
  • Retailer
  • 99,999 SF
  • -
  • -
  • Cloud 9
  • Retailer
  • 99,999 SF
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Cigar Grail Retailer 99,999 SF - -
Cloud 9 Retailer 99,999 SF - -

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,360 SF
  • Retail
  • -
  • Now

Prime Corner Retail Space | High Traffic | Fort Lauderdale Outstanding retail opportunity at the signalized corner of Oakland Park Boulevard and Federal Highway in Fort Lauderdale. This high-visibility location sits directly across from Target and is surrounded by major national and regional retailers, driving consistent consumer traffic to the area. The property benefits from exceptional daily traffic counts, prominent corner frontage, and strong signage potential. Ideally positioned near I-95 and downtown Fort Lauderdale, offering convenient access for customers, employees, and commuters. Suitable for a wide range of retail, service, or showroom uses seeking exposure in one of Broward County’s most active commercial corridors.

Space Size Space Use Position Available
1st Floor 1,360 SF Retail - Now

1st Floor

Size
1,360 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 1,360 SF
Space Use Retail
Position -
Available Now

Prime Corner Retail Space | High Traffic | Fort Lauderdale Outstanding retail opportunity at the signalized corner of Oakland Park Boulevard and Federal Highway in Fort Lauderdale. This high-visibility location sits directly across from Target and is surrounded by major national and regional retailers, driving consistent consumer traffic to the area. The property benefits from exceptional daily traffic counts, prominent corner frontage, and strong signage potential. Ideally positioned near I-95 and downtown Fort Lauderdale, offering convenient access for customers, employees, and commuters. Suitable for a wide range of retail, service, or showroom uses seeking exposure in one of Broward County’s most active commercial corridors.

Walk Score®
Very Walkable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Starbucks
Publix
Citi
Chase Bank
PDQ Chicken
Ruth's Chris Steak House
The Original Pancake House
The Fresh Market
Club Pilates
LA Fitness

Property Taxes

Property Taxes

Parcel Number
49-42-25-08-0201
Land Assessment
$118,440
Improvements Assessment
$346,500
Total Assessment
$464,940
  • Listing ID: 39413481

  • Date on Market: 2/12/2026

  • Last Updated:

  • Address: 3061 N Federal Hwy, Fort Lauderdale, FL 33306

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