Retail Space
3100 Northeast 9th Street Fort Lauderdale, FL 33304
Details & Description
Price: $5,412,000
    Marcus & Millichap is pleased to present 3100 & 3104 NE 9th Street: two mixed-use buildings totaling 8,281 square feet situated on a 13,168 square foot lot in Fort Lauderdale, FL. The offering is comprised of ground-floor retail and three second-story apartment units in each building. Throughout the years, the properties have experienced limited to no vacancy and are currently 100% occupied. 3100 & 3104 NE 9th Street are located just off highly traveled East Sunrise Boulevard, and half a block from A1A and Fort Lauderdale Beach. Additionally, the buildings are the only property in the immediate area to offer on-site parking. The 3100 building totals to 4,921 square feet with one ground floor retail suite that is occupied by a long-term tenant, Smiley Food Deli, and three second-story one-bedroom/one-bathroom apartments all with balconies. The 3104 building totals to 3,360 square feet with two ground floor retail tenants, Railroad Laundry and Sea Turtle Oversite Protection, and three second-story studio apartments. The assets are positioned as an exceptional value-add opportunity with considerably below-market rents. Furthermore, the apartments are all on month-to-month leases, presenting the opportunity to renovate and re-lease or re-purpose as short-term rentals. 3100 & 3104 NE 9th Street are in the heart of Fort Lauderdale just minutes from Fort Lauderdale Beach, The Galleria Mall, Bonnet House Museum & Gardens, Downtown Fort Lauderdale, and Las Olas. The properties offer ocean views and sit among numerous hotels, apartments, restaurants, bars, and shops attracting local and tourist traffic. The offering presents investors or developers with the opportunity to acquire an exceptional site in a high barrier to entry market in Fort Lauderdale beach.
    Property Highlights
     Unique Opportunity To Acquire Two Mixed-Use Buildings on Fort Lauderdale Beach
     Below Market Rents and MTM Leases Allowing For Considerable Upside
    Additional Photos
    Listing Agents
    Ryan Shaw

    O: 786-522-7087
    ryan.shaw@marcusmillichap.com
    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.

    3100 Northeast 9th Street

    Fort Lauderdale, FL 33304

    Listing ID: 275489
    • 3100 Northeast 9th Street Fort Lauderdale, FL 33304 | for Sale | Photo 1
    • 3100 Northeast 9th Street Fort Lauderdale, FL 33304 | for Sale | Photo 2
    • 3100 Northeast 9th Street Fort Lauderdale, FL 33304 | for Sale | Photo 3
    • 3100 Northeast 9th Street Fort Lauderdale, FL 33304 | for Sale | Photo 4
    3100 Northeast 9th Street | for Sale | Thumbnail 1
    3100 Northeast 9th Street | for Sale | Thumbnail 2
    3100 Northeast 9th Street | for Sale | Thumbnail 3
    3100 Northeast 9th Street | for Sale | Thumbnail 4
    Building Size: 8,281 SF
    Lot Size: 0.300 AC
    Land Size: 13,068 SF
    Building $/SF: $653.54
    Land $/SF: $414.14
    Price
    $5,412,000
    Property Highlights
    Unique Opportunity To Acquire Two Mixed-Use Buildings on Fort Lauderdale Beach
    Below Market Rents and MTM Leases Allowing For Considerable Upside
    On-Site Parking
    Located Less Than A Block from Fort Lauderdale Beach, and A1A
    Population of Over 210,131 Residents Within a Five Mile Radius
    Description

    Marcus & Millichap is pleased to present 3100 & 3104 NE 9th Street: two mixed-use buildings totaling 8,281 square feet situated on a 13,168 square foot lot in Fort Lauderdale, FL. The offering is comprised of ground-floor retail and three second-story apartment units in each building. Throughout the years, the properties have experienced limited to no vacancy and are currently 100% occupied. 3100 & 3104 NE 9th Street are located just off highly traveled East Sunrise Boulevard, and half a block from A1A and Fort Lauderdale Beach. Additionally, the buildings are the only property in the immediate area to offer on-site parking. The 3100 building totals to 4,921 square feet with one ground floor retail suite that is occupied by a long-term tenant, Smiley Food Deli, and three second-story one-bedroom/one-bathroom apartments all with balconies. The 3104 building totals to 3,360 square feet with two ground floor retail tenants, Railroad Laundry and Sea Turtle Oversite Protection, and three second-story studio apartments. The assets are positioned as an exceptional value-add opportunity with considerably below-market rents. Furthermore, the apartments are all on month-to-month leases, presenting the opportunity to renovate and re-lease or re-purpose as short-term rentals. 3100 & 3104 NE 9th Street are in the heart of Fort Lauderdale just minutes from Fort Lauderdale Beach, The Galleria Mall, Bonnet House Museum & Gardens, Downtown Fort Lauderdale, and Las Olas. The properties offer ocean views and sit among numerous hotels, apartments, restaurants, bars, and shops attracting local and tourist traffic. The offering presents investors or developers with the opportunity to acquire an exceptional site in a high barrier to entry market in Fort Lauderdale beach.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Fort Lauderdale History of Retail Space for Sale

    Loan and Amortization Calculator

    Listing Price
    Down Payment

    Loan Amount:
    Interest Rate:
    Term (months):

    Your Monthly Payment

    $0.00

    Total Principal: --

    Total Interest: --

    Total Cost: --

    Fort Lauderdale Area Market Trends

    Listing Demographics for 3100 Northeast 9th Street Fort Lauderdale, FL 33304

    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 Population8,37492,885225,953
    Population Median Age514845
    Population by Age0-9 Yrs340 (4%)5216 (5%)19306 (8%)
    10-19 Yrs643 (7%)5194 (5%)18215 (8%)
    20-29 Yrs811 (9%)10097 (10%)26300 (11%)
    30-39 Yrs665 (7%)12534 (13%)29892 (13%)
    40-49 Yrs980 (11%)11508 (12%)29254 (12%)
    50-59 Yrs1499 (17%)15898 (17%)35973 (15%)
    60-69 Yrs1560 (18%)15496 (16%)33580 (14%)
    70+ Yrs1876 (22%)16941 (18%)33434 (14%)
    Median HH Income$73,373$70,649$59,170
    Total Household Income< 24K735 (16%)8411 (17%)20992 (20%)
    25-49K779 (17%)9510 (19%)23724 (22%)
    50-74K817 (17%)7733 (15%)16692 (16%)
    75-99K553 (12%)5272 (10%)11278 (10%)
    100-199K904 (19%)10373 (21%)19411 (18%)
    200K+789 (17%)7556 (15%)11190 (10%)
    Highest Education LevelNo Diploma358504619957
    Diploma or GED10721392241925
    Some College8111357433169
    Assoc. Degree533649413905
    Bachelors Degree23922369041951
    Higher Degree19641699028496
    Total Housing Units8,33875,072144,196
    --Owner-Occupied3,02828,31556,743
    --Renter-Occupied1,54920,54046,544
    Owner-Occupied Values< 100K678353377
    100-199K305320210009
    200-299K49142659642
    300-399K28942409096
    400-499K13835836499
    500K+17381219018120
    Total Working Age Population7,63184,775195,944
    In Work Force4,38652,520123,457
    Not In Work Force3,24632,25572,487
    Workforce Employed4,27250,146115,761
    Workforce Unemployed1022,3437,593
    Civlian Workforce4,37552,489123,354
    Military Workforce1131103
    Total Households4,57748,855103,287
    Family Households1,92719,56546,968
    Non-Family Households2,65029,29056,320
    Married Couple1,69715,70432,983
    Other Family2303,86113,985
    Married w/Child3362,9838,095
    Single Male w/Child513411,498
    Single Female w/Child431,4304,912

    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

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    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.

    Common Questions and Answers

    What is the asking price for 3100 Northeast 9th Street in Fort Lauderdale?
    The asking price for 3100 Northeast 9th Street is $5,412,000
    What is the building size of this Retail property in Fort Lauderdale, FL?
    The size of the building/unit at 3100 Northeast 9th Street in Fort Lauderdale is 8,281 square feet
    How much land does the Fort Lauderdale, FL property at 3100 Northeast 9th Street include?
    3100 Northeast 9th Street in Fort Lauderdale includes 0.300 acres of land
    What kind of Retail is the propery at 3100 Northeast 9th Street?
    The property at 3100 Northeast 9th Street Fort Lauderdale, FL 33304 is listed as a Free Standing Building Retail property
    What is the population within 1 mile of 3100 Northeast 9th Street in Fort Lauderdale?
    The population within 1 mile of 3100 Northeast 9th Street Fort Lauderdale, FL 33304 is 8,374 people.
    Who do I contact for questions about 3100 Northeast 9th Street?
    You should contact the listing agent, Ryan Shaw , for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Fort Lauderdale Hollywood International Airport (FLL) 5
    Miami International Airport (MIA) 26
    Palm Beach International Airport (PBI) 38