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.
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.
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
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