Museum Plaza | Class A Office Condo - Downtown FLL
Own for less than you'd pay to rent | $292/SF | SBA 504 Eligible | Vacant & Move-In Ready
Marketing description
Own for less than you would pay to lease comparable space. Museum Plaza Suite 200 is a 4,772 SF Class A office condo in the heart of Downtown Fort Lauderdale's Financial District, offered at $1,395,000 ($292/SF) for immediate owner/user occupancy.
THE NUMBERS THAT MATTER TO A BUYER: With SBA 504 financing at 10% down, an owner/user's total monthly cost — debt service, CAM, and taxes combined — comes in at approximately $15,200/month, less than the $16,700–$19,000/month it would cost to lease comparable Class A space in the same submarket. Every payment builds equity instead of disappearing into a landlord's pocket.
THE ARBITRAGE STORY: Recent Las Olas Class A office condos traded at $438–$538/SF in early 2025 (three blocks away in the same district). Miami/Brickell office averaged ~$526/SF in 2024. Museum Plaza Suite 200 at $292/SF represents a 33–46% discount to comparable Class A trades along the same Brightline corridor — in a no-state-income-tax market with the strongest population and business migration trends in the country.
THE SPACE: Suite 200 features a distinctive mezzanine/balcony configuration with corner offices, professional reception, dedicated conference room, open work area, private offices, and a full kitchen with separate access. Floor-to-ceiling windows throughout deliver natural light and skyline views. Move-in ready — no build-out, no downtime, no delay.
THE BUILDING: 11-story institutional-quality Class A tower sharing a landscaped plaza with the NSU Art Museum. Double-height granite and marble lobby, brand-new elevators, 24/7 keycard security, on-site management, and valet service. Six covered parking spaces convey with the suite, plus access to an adjacent municipal garage with discounted monthly parking and EV charging.
THE LOCATION: 200 S Andrews Avenue sits between Las Olas Boulevard and the historic Himmarshee District, steps from the Broward County Courthouse, Broward County Library, NSU Art Museum, Moxies, Eddie V's, and Fort Lauderdale's deepest cluster of law firms, financial services, and professional tenants. Brightline's Fort Lauderdale station connects the district directly to Miami, West Palm Beach, and Orlando.
FLEXIBLE DEAL STRUCTURES CONSIDERED:
- Seller Financing: Owner will consider carrying a note for qualified buyers
- Sale-Leaseback: Owner open to executing a 3–5 year leaseback at market rent for investor buyers seeking durable cash flow at attractive cap rates
- Owner/User with Income: Buyer can self-occupy a portion and sublease excess SF to offset ownership cost
Vacant and ready to deliver. Bring qualified offers.
Investment highlights
PRICED TO SELL — $292/SF vs. $438–$538/SF recent Las Olas Class A sales (33–46% discount)
Own for less than you'd pay to lease — ~$15,200/mo all-in with SBA 504 vs. $16,700+/mo to rent comparable space
SBA 504 eligible — owner/user can acquire with as little as 10% down
Vacant, move-in ready — no build-out delay, no downtime
4,772 SF Class A Office Condo with mezzanine/balcony configuration and corner offices
Floor-to-ceiling windows, professional reception, conference room, private offices, full kitchen
6 covered parking spaces included + adjacent municipal garage with EV charging
Double-height granite/marble lobby, new elevators, 24/7 keycard security, valet, on-site management
Steps to Las Olas Blvd, Broward County Courthouse, NSU Art Museum, Brightline station
Seller financing considered for qualified buyers
Sale-leaseback considered — durable cash flow for investor buyers
Florida: no state income tax, strongest US migration trends, Brightline access to Miami/WPB/Orlando
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
