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Wade M. Berlin

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4801 Federal Hwy
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PRICED AT ONLY: $12,000,000

Address: 4801 Federal Hwy, Fort Lauderdale, FL 33308

Description

Cornerstone medical office assemblage for sale in Fort Lauderdales 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.
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  • MLS#: F10507213 ( Commercial/Industrial )
  • Street Address: 4801 Federal Hwy
  • Viewed: 13
  • Price: $12,000,000
  • Price sqft: $570
  • Waterfront: No
  • Year Built: 1962
  • Bldg sqft: 21057
  • Days On Market: 139
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Features
Building and Construction
  • Maximum Leasable Sqft: 58797
  • Typeof Building: Commercial, Medical Office
Property Information
  • Transaction Type Mlx: Sale
  • Typeof Property: Commercial
Land Information
  • Lot Sq Footage: 25456
  • Subdivision Number: 20
  • Total Acreage: 0.5844
Finance and Tax Information
  • Tax Year: 2024
Other Features
  • Board Identifier: BeachesMLS
  • Country: United States
  • Geographic Area: Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)
  • Legal Description: CORAL HILLS-REPLAT BLOCK 2 96-47 B THAT PT OF PARCEL A F/K/A LOT 6 BLK 2 OF CORAL HILLS
  • Parcel Number: 494213200020
  • Postal Code + 4: 4618
  • Section: 13
  • Views: 13
  • Zoning Information: B-1

Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin