3542 N Federal Hwy, Fort Lauderdale, FL 33308
- $1,960,000
- Sold Price
- $1,960,000
- List Price
- $2,299,999
- Closing Date
- May 01, 2026
- MLS#
- A11969103
- Status
- CLOSED
- Type
- Commercial
Property Description
A rare opportunity to acquire a fully occupied retail/office flex property along one of Fort Lauderdale’s most prominent commercial corridors. Strategically positioned on US-1, the asset benefits from strong daily traffic counts, affluent surrounding demographics, and continued residential and mixed-use growth along the Federal Highway corridor. The property serves established neighborhoods including Coral Ridge, Imperial Point, and Coral Ridge Country Club Estates, providing a dense, high-income consumer base that supports sustained retail demand. Zoned B-1 (Community Business District), the site allows for a wide range of retail, office, medical, and service-oriented uses. With stable in-place income and projected upside to a pro forma NOI of $170,000, the property offers both immediate cash flow and long-term growth potential.
Additional Information
- Days on Market
- 31
- Tax Amount
- $33,295
- Parcel Number
- 494224073760
- Lot Size
- 7,074
- Address
- 3542 N Federal Hwy, Fort Lauderdale
- Year Built
- 1985
- Section
- 24
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Listing Courtesy of APEX Capital Realty LLC, Contact:
Selling Office: APEX Capital Realty LLC.