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315 NE 3rd Ave - Ground Floor Commercial - 8.21% Cap Rate 2,960 SF Retail Condo Unit Offered at $1,799,950 in Fort Lauderdale, FL 33301

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Investment Highlights

  • Turnkey Investment Opportunity w/ Flexible Future Use.
  • Surging Market Growth – Positioned in the center of Fort Lauderdale’s most transformative neighborhood boom.
  • Unmatched Accessibility to Las Olas, Flagler Village, The Brightline and more.

Executive Summary

Presenting a stunning, fully renovated ground-floor commercial unit located at the base of Strada 315, a prominent 21-story condominium in downtown Fort Lauderdale. This exceptional space offers an unparalleled opportunity in the heart of Flagler Village, a neighborhood experiencing a surge of transformative developments. Surrounded by significant projects such as the Hines-led FAT Village development—a 5.6-acre mixed-use urban destination featuring residential units, creative office spaces, and curated retail offerings, and the Ombelle project by Dependable Equities, which introduces 775 residential units complemented by over 100,000 square feet of premium amenities, including pools, a golf simulator, and co-working spaces. Currently leased by Dependable Equities until December 2025, with a one-year extension option, this property presents an ideal investment for those seeking passive income in the near term. Future possibilities include personal occupancy or leasing to another sales center, capitalizing on the area's ongoing growth. Located just steps from Las Olas Boulevard, the unit offers convenient access to Fort Lauderdale's premier dining, shopping, and entertainment venues. Additional features include three reserved parking spaces and access to shared retail parking within the garage, ensuring ample convenience for both staff and clients. Don't miss this rare opportunity to own a prime commercial space in one of Fort Lauderdale's most dynamic and rapidly evolving neighborhoods. Please do not disturb tenant. Contact Listing Broker for scheduled showings.

Property Facts

Total Building Size 175,000 SF
Property Type Multifamily (Condo)
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Building Class B
Floors 21
Typical Floor Size 9,210 SF
Year Built 2007
Lot Size 0.74 AC
Parking Ratio 0.3/1,000 SF
Zoning Commercial - Commercial

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Microwave
  • Kitchen
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Island Kitchen
  • Quartz Countertops

Site Amenities

  • Business Center
  • Clubhouse
  • Fitness Center
  • Pool
  • Spa
  • Gameroom
  • On-Site Retail
  • Package Service
  • Bicycle Storage
  • Elevator
  • Sundeck

1 Unit Available

Unit CU-103

Unit Size 2,960 SF
Price $1,799,950
Price Per SF $608.09
Condo Use Retail
Sale Type Investment
Cap Rate 8.21%
NOI $147,708.78
No. Parking Spaces 3
Description

Presenting a stunning, fully renovated ground-floor commercial unit located at the base of Strada 315, a prominent 21-story condominium in downtown Fort Lauderdale. This exceptional space offers an unparalleled opportunity in the heart of Flagler Village, a neighborhood experiencing a surge of transformative developments.

Sale Notes

Currently leased by Dependable Equities for a luxury Sales Center until December 2026, with a 1-year option to renew thereafter, this property presents an ideal investment for those seeking passive income in the near term. Future possibilities include personal occupancy or leasing to another sales center, capitalizing on the area's ongoing growth. Located just steps from Las Olas Boulevard, the unit offers convenient access to Fort Lauderdale's premier dining, shopping, and entertainment venues.

Walk Score®
Walker's Paradise (96)
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.®
  • Listing ID: 35326486

  • Date on Market: 3/31/2025

  • Last Updated:

  • Address: 315 NE 3rd Ave, Fort Lauderdale, FL 33301

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