4801 N Federal Highway, Fort Lauderdale, FL 33308
$12,000,000
Property Type:
Comm/Industry
Status:
Closed
Current Price:
$12,000,000
Last Modified:
12/01/2025
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# FX-10507213
Contract Information
Auction: No
Status: Closed
Original List Price: 12000000
Sold Price: $12,000,000
Current Price: $12,000,000
Listing Date: 2025-06-03
General Property Description
For Sale: Yes
For Lease: No
Acres: 0.58
Type: Office
Year Built: 1962
Location, Tax & Legal
Geo Area: FTNE
Country: United States
State/Province: FL
Tax Year: 2024
Zoning: B-1
Area: 3360
County: Broward
Parcel ID: 494213200020
Street #: 4801
Street Dir: N
Street Name: Federal Highway
Zip Code: 33308
Legal Desc: CORAL HILLS-REPLAT BLOCK 2 96-47 B THAT PT OF PARCEL A F/K/A LOT 6 BLK 2 OF CORAL HILLS
Geo Lat: 26.186965
Geo Lon: -80.117014
Office/Member Info
DXORIGMLNO: F10507213
DXORIGMLSID: FLL
Status Change Info
Terms of Sale: Cash
Under Contract Date: 2025-06-16
Sold Date: 2025-08-01
Sold Price: $12,000,000
Listing Office:
Native Realty Co.
Last Updated: December - 01 - 2025
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