Interior
- Bathrooms
- 0
Active · Retail
$1,998,000
3418 N Ocean Blvd, Fort Lauderdale, FL 33308
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1982
- Lot size
- 3,147 sq ft
- HOA fee
- —
- Annual tax
- —
About this property
Excellent opportunity for owner user. Prime Galt Ocean Location | Boutique Building Opportunity Rare opportunity in the heart of Galt Ocean, directly facing Ocean Boulevard and just a short walk from the beach. This charming boutique building offers excellent visibility and a highly desirable location for a variety of retail and service-oriented concepts. Ideal for a restaurant, coffee bar, retail store, smoke shop, or other neighborhood-serving business. The entire building is available, providing flexibility for an operator seeking a unique standalone location. The space can also be divided into approximately 1,650 SF per floor, allowing for multiple configurations. The property includes 8 dedicated parking spaces—an exceptional and highly valuable feature in the Galt Ocean area.
Property location
Get Directions3418 N Ocean Blvd, Fort Lauderdale, FL 33308
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Facts & features
Exterior & Structure
- Property type
- Retail
- Year built
- 1982
- Lot size
- 3,147 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Broward
- MLS listing ID
- A11963308
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$3,910
- Cap rate
- 3.3%
- Net yield
- 3.3%
- Cash-on-cash return
- -8.4%
- Gross yield
- 6.6%
- Mortgage payment
- $9,472/mo
- Down payment
- $499,500
- Loan amount
- $1,498,500
- Annual NOI
- $66,733
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.