561$12,000,000
4801 N Federal HighwayFort Lauderdale, FL 33308
MLS# FX-10507213
Status: Closed
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Property 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.
Details
Maps
Contract Information
Status: Closed
Original List Price: 12000000
Auction: No
List 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: 12000000
Terms of Sale: Cash
Property Features
Listing Office: Native Realty Co.
Last Updated: December - 01 - 2025
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Saturday 20th of December 2025 01:45 PM
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