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$ 12,000,000
$ 12,000,000
Est. payment | /mo
0.58 Acres Lot
$ 12,000,000
$ 12,000,000
Est. payment | /mo
0.58 Acres Lot
Key Details
Sold Price $12,000,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID F10507213
Sold Date 08/01/25
Total Fin. Sqft 87791
Year Built 1962
Tax Year 2024
Lot Size 0.584 Acres
Property Sub-Type Commercial
Property Description
Cornerstone medical office assemblage for sale in Fort Lauderdale's healthcare district, steps from Holy Cross Hospital. Located along busy Federal Hwy (50,500 AADT), this nearly fully stabilized property features strong visibility, in-place medical tenants, and solid income with potential upside. Current leases are below market and on modified gross terms, offering value-add potential through rent increases and NNN conversion. The property has historically high occupancy, elevator access, natural light, ample parking, monument signage, and a landscaped, professional setting. With limited supply and high demand in this submarket, plus its proximity to the hospital, this legacy asset is ideal for investors or owner-users seeking long-term stability in a recession-resistant sector.
Location
State FL
County Broward County
Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)
Zoning B-1
Listed by Native Realty Co.
Bought with Native Realty Co.
Bought with Native Realty Co.
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Eric Levy
License ID: SL3313795