4545 N Federal Hwy
Fort Lauderdale, FL 33308
Land For Sale
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2.43 AC
Investment Highlights
- Excellent “in fill” location with 398 ft. frontage on major 6 lane US-1 (Federal Highway)
- Prime for medical office uses – no new medical buildings built in area in last 30 – 40+ yrs.
- High traffic count of 47,174 vehicles per day.
- The property is adjacent to Holy Cross Medical Complex, a 557-bed hospital with over 708 doctors serving the surrounding community.
- Strong retail/business/restaurants/office/medical corridor in the heart of US#1 between Oakland Park and Commercial Boulevards.
Property Facts
Description
Commonwealth Properties, Inc. is proud to present an exceptional vacant land parcel located at 4545 N. Federal Hwy. (US-1). It has great visibility with 398 ft. of frontage and a depth of 315 ft. adjacent to the Holy Cross Medical Complex. Federal Hwy. is virtually 100% developed with an assortment of retail, office, restaurant and other business uses. Federal Hwy. (6 lanes) is the major eastern thoroughfare (non-expressway) throughout Florida. The property is zoned B-1 (Boulevard Business which permits office, retail, restaurant, apartment and mixed-use development). The height limitation is 150 ft. and mixed-use apartment density of up to 50 units per acre. Immediately east of subject are the upscale communities of Coral Ridge Country Club Estates, Landings, Bay Colony and Sea Ranch Lakes. The demographics show a 3 & 5 radius mile population of 124,268 & 290,382 and average household income of $89,116 & $79,471 respectively. Holy Cross Hospital received the 5th highest rank of hospitals by US News in south Florida. Holy Cross is a 557-bed facility and staffed with over 708 physicians. In addition to the main campus adjacent to the subject they have a medical complex located 1± miles northeast at Dixie Hwy & NE 56th St. The hospital is a nonprofit facility and a member of Trinity Health. They have a very comprehensive list of specialties they provide. Points of interest: Ocean-Lauderdale by the Sea- 1½ miles east Downtown Ft. Lauderdale- 5 miles south I-95- 2 miles west Turnpike- 6 miles west Ft. Lauderdale International Airport- 8 miles south Port Everglades- 7 miles south Coral Ridge Mall- 1¼ miles south Galleria Mall- 4 miles south Holy Cross Hospital- Adjacent to north Coral Ridge Country Club-1/8th of a mile east
Property Taxes
| Parcel Number | 49-42-13-00-0110 | Improvements Assessment | $0 |
| Land Assessment | $9,928,830 | Total Assessment | $9,928,830 |
Property Taxes
