High Street Retail Sale on the Best Intersection in Broward County

3061 N Federal Hwy Fort Lauderdale, FL 33306

3061 N Federal Hwy, Fort Lauderdale, FL, 33306
3061 N Federal Hwy, Fort Lauderdale, FL, 33306
FOR SALE
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Last Verified:
Mar 20, 2025

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Highlights

  • Unimpeded visibility to Federal Hwy, offering an excellent opportunity for street traffic of over 100,000 VPD
  • Each unit to have painted and tailored branding.
  • Center offers a sophisticated mix of medical office and retail including landmark music venue, Culture Room.
  • Center is located center across from Coral Ridge Mall.
  • Lots of foot traffic (84 Walk Score) from surrounding businesses which include major retailers, restaurants, office buildings, and music venues.

Description

This prime investment opportunity is a portfolio of four in-line retail condos within Coral Shopping Center located at the corner of Federal Hwy/US1 and Oakland Park Blvd. The portfolio boasts unimpeded visibility by including both sides of the South West corner of this signaled intersection with over 100,000 VPD. Not only is there promising and exceptional exposure at this location, but each unit offers an opportunity for customized branding. The center shares mix of medical office and retail, including the renowned music venue Culture Room. Centrally located near Coral Ridge Mall and one mile to the beach, this property attracts significant foot traffic from neighboring businesses, presenting an enticing retail investment opportunity.

The Coral Shopping Center is situated at the southwest corner of the Federal Hwy and East Oakland Park Blvd intersection. Over 100K vehicles travel past the property daily, making this corner one of Broward Countyā€™s highest traffic volume intersections. The property is in great shape and has been well-maintained by ownership. This plaza hosts one of the only live music venues in Fort Lauderdale and sits across the street from the newly constructed and immediately stabilized office/retail/residential campus, Oaklyn, and catty-corner from Coral Ridge Mall boasting big-box tenants such as Target, Publix, AMC, and more. This is a visually and strategically appealing location for potential customers and tenants.


Year Built: 1983
Building Size: 5439sq ft
Building Class: C
Lot Size: 0.16 acres


Documents

3061 N FED HWY FOR SALE r1.pdf

Map of 3061 N Federal Hwy, Fort Lauderdale, FL, 33306

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
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