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
Status: Closed
Original List Price: 12000000
Auction: No
Sold Price: $12,000,000
Current Price: $12,000,000
Listing Date: 2025-06-03
General Property Description
Type: Office
For Sale: Yes
For Lease: No
Year Built: 1962
Acres: 0.58
Location Tax Legal
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
Status Change Info
Under Contract Date: 2025-06-16
Sold Date: 2025-08-01
Sold Price: $12,000,000
Terms of Sale: Cash
Listing Office: Native Realty Co.
Last Updated: December - 01 - 2025
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
