4801 N Federal Highway, Fort Lauderdale, FL 33308

$12,000,000
Property Type: Commercial Sale Square Footage: 21,057 Lot Size (sq. ft.): 25,456 Status: Closed
Current Price: $12,000,000 List Date: 6/03/2025 Last Modified: 1/24/2026

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.

More Information MLS# F10507213

Contract Information

Comp Sale YN: No Listing Contract Date: 2025-06-03 Status: Closed Original List Price: 12000000 Sold Price: $12,000,000 Current Price: $12,000,000

Location and Legal

County Or Parish: Broward County Parish Name: Broward City Name: Fort Lauderdale Postal Code: 33308 Geographic Area: FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700) Subdivision Number: 20 Country: United States Street Number: 4801 Street Direction Prefix: N Street Name: Federal Street Suffix: Highway State Or Province: FL Postal Code +4: 4618 Area: 3360 Parcel Number: 494213200020 Zoning: B-1

General Property Information

Leasable Area: 58797 Lot Size Area: 25456 Property Sub Type: Business Building Area Main: 21057 Year Built: 1962 Lot Size Acres: 0.58

Office/Member Information

DXORIGMLSID: FLL

Status Change Information

Buyer Financing: Cash Major Change Timestamp: 2025-08-01T19:58:25Z Major Change Type: Status Change Status Change Date: 2025-12-01 Under Contract Date: 2025-06-16 Close Date: 2025-08-01 Close Price: 12000000

Structure Type

Warehouse: 1

Business Type

Commercial: 1 Medical: 1

Concessions

Seller Concessions: No

Price Calculations

Current Price To SqFt: 569.88 Original List Price To Close Price: 1

Financial Information

Tax Year: 2024 Tax 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

Originating Details

Originating System Key: 599417031 Originating System ID: M00000170

Property Features

Business Type: Commercial; Medical Structure Type: Warehouse
Listing Office: Native Realty Co.
IDX
Last Updated: January - 24 - 2026
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