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32923306
32923307

3870-3890 Southwest 2nd Court, Fort Lauderdale, FL 33312

GM
FL 3033300
CMV Realty LLC
Listed by CMV Realty LLC
$1,000,000
18 days on market
Updated 1 day ago

3870-3890 Southwest 2nd Court

Details
Property Type Retail
Square Footage 4,056
Cap Rate 5.90%
NOI $59,200
Tenancy Multi
Price per SqFt $247
Year Built 1965
Lot Size (SqFt) 9,930
Ground Lease No

Multi-Tenant Retail Investment Opportunity

Marketing description

CMV Commercial – The Martinez Team is pleased to exclusively present the opportunity to acquire 3870–3890 SW 2nd Court, a multi-tenant retail investment property located in the East end of Plantation, Florida.

Positioned on a visible corner parcel within an established neighborhood retail corridor, the property consists of approximately 4,056 square feet and offers investors the opportunity to acquire a stabilized income-producing asset in one of Broward County’s most desirable submarkets. The property benefits from frontage along SW 2nd Court and SW 38th Terrace, providing excellent accessibility and convenient customer parking.

The asset is currently configured for multiple tenants, creating diversified income potential and flexibility for future leasing strategies. With approximately $80,930 in annual gross income, the property presents a compelling opportunity for investors seeking stable cash flow with long-term upside potential through lease-up, rental growth, or future repositioning.

Surrounded by dense residential neighborhoods and established local businesses, the property benefits from consistent neighborhood traffic and strong demand for service- oriented retail and professional uses. Plantation continues to attract both residents and businesses due to its central Broward County location, strong demographics, and proximity to major transportation corridors including Interstate 95, Interstate 595, and Florida’s Turnpike.

The site’s corner positioning, accessibility, and functional layout create a highly desirable neighborhood retail environment within a supply-constrained market. This offering is well-suited for private investors, owner-users, and 1031 exchange buyers seeking a well-located retail asset with in-place income and future upside in South Florida.

Investment highlights

  • Corner parcel with frontage on SW 2nd Court & SW 38th Terrace
  • Stable in-place income with value-add potential
  • Approximately $80,930 annual gross income
  • Tenants pay prorate share of RE Taxes
  • Landlord currently pays for Property Ins and there are No CAM fees
  • On-site parking for tenants and customers
  • Located within established Plantation residential trade area
  • Strong neighborhood retail and service corridor
  • Convenient access to I-95, I-595 & Florida’s Turnpike
  • Ideal opportunity for private investors and 1031 exchange buyers

Listing Contacts

GM
FL 3033300
CMV Realty LLC
Listed by CMV Realty LLC

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$59,200.00
$4,933.33/mo

Valuation Metrics

0
DSCR
5.92%
Cap Rate
5.92%
ROI

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Additional Information

Name
Gus Martinez PA
License
3033300
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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