2200 South Federal Highway

Fort Lauderdale, FL 33316

Listing ID: 187652
$2,950,000
For Sale
  • Lot Size Acres 0.449
  • Building Sq Ft 3,750
  • Building Price per Sq Ft $786.67
  • Land Sq Ft 19,543
  • Land Price per Sq Ft $150.95
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Description

APEX Capital Realty is proud to present 2200 S Federal Hwy & 610 SE 22 ST (“The Properties”), a 3,010 SF prime retail building located near a signaled intersection at the highly trafficked S Federal Hwy in Ft. Lauderdale. The offering also includes a 740 SF office building with an ample paved parking area. The Properties sit on a 19,544 SF lot and is zoned B-1 BOULEVARD BUSINESS which allows a variety of uses including hotel, mixed-use, industrial, retail, automotive, and office. The Properties are prime for leasing of a retail user due to its ample parking area and direct visibility to over 55,500 vehicles per day. Currently there is a luxury used vehicle dealership occupying the space which is on a month to month lease.

Property Summary

BUILDING SIZE: 2200 Building: 3,010 SF

610 Building: 740 SF

TOTAL BUILDING AREA: 3,750 SF

LOT SIZE: 19,544 SF

CURRENT NOI: $120,000

TENANT: Exotic Motors (Luxury Used Car Dealer)

ZONING: B-1 – BOULEVARD BUSINESS

MAX BUILDABLE HEIGHT: 150 FT / 15 Stories

USES ALLOWED: Hotel, Mixed-use, Industrial, Retail, Automotive, Office

PARKING & CEILING HEIGHT: 25+ Spaces | 13? clear

ASKING PRICE: $2,950,000

TRAFFIC COUNTS (AADT): 55,500 VPD on S Federal HWY.

Property Highlights

New aluminum fence and gate

New alarm and security system with cameras for both properties

New windows in both properties (not hurricane impact)

New sprinkler systems in both properties

Newer roof in 610 SE 22nd street (last 5 years)

Owner estimates roof in larger structure is 10 years old

New bath, new kitchen, new floors and new HVAC in 610 SE 22nd street

New bath and new HVAC in 2200 S. Federal Highway

Asphalt portion of parking lot was re-finished with black top in late September 2020

Larger cement portion of parking lot (11k Sq ft) was refinished in the last 3 years

All renovations were performed with permits by Coastal construction. Owner can provide these

Attachments & Files
Listing Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population6,90377,561241,434
Population Median Age434240
Population by Age0-9 Yrs477 (6%)6373 (8%)28187 (11%)
10-19 Yrs415 (6%)6931 (8%)25267 (10%)
20-29 Yrs1012 (14%)10900 (14%)33112 (13%)
30-39 Yrs1248 (18%)12264 (15%)35244 (14%)
40-49 Yrs936 (13%)10449 (13%)32016 (13%)
50-59 Yrs1405 (20%)12625 (16%)36253 (15%)
60-69 Yrs641 (9%)9875 (12%)27952 (11%)
70+ Yrs770 (11%)8144 (10%)23404 (9%)
Median HH Income$48,887$56,660$51,428
Total Household Income< 24K773 (25%)8507 (24%)23037 (24%)
25-49K779 (25%)7425 (21%)22746 (24%)
50-74K561 (18%)5134 (14%)15625 (16%)
75-99K277 (9%)3620 (10%)10008 (10%)
100-199K504 (16%)6444 (18%)15216 (16%)
200K+163 (5%)3742 (10%)6925 (7%)
Highest Education LevelNo Diploma825700724143
Diploma or GED13841305546699
Some College11391067232512
Assoc. Degree458534715376
Bachelors Degree12351514135370
Higher Degree611928320989
Total Housing Units3,82445,924116,544
--Owner-Occupied1,33715,80246,243
--Renter-Occupied1,72019,07047,314
Owner-Occupied Values< 100K519555146
100-199K366269512232
200-299K25026829158
300-399K21626346701
400-499K14614833594
500K+30853539412
Total Working Age Population6,16367,104197,472
In Work Force4,16344,257129,964
Not In Work Force2,00022,84767,507
Workforce Employed3,93541,249119,186
Workforce Unemployed2032,95710,700
Civlian Workforce4,13844,206129,886
Military Workforce255178
Total Households3,05634,87293,557
Family Households1,20615,88649,112
Non-Family Households1,85018,98644,445
Married Couple87110,99130,163
Other Family3354,89518,949
Married w/Child1903,3309,917
Single Male w/Child545301,899
Single Female w/Child1121,7757,061

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Florida15,982,378+1818,801,310+1421,517,610+1324,340,457
Broward County1,623,018+81,748,066+111,942,686+92,120,334

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While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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