Magnolia 720 · Fort Lauderdale
720 NE 3rd Avenue | Fort Lauderdale.
Boutique Professional Office Property Available for Sale.
At a glance
A compact asset with room to work.
Magnolia 720 is a boutique courtyard-style professional office property near Downtown Fort Lauderdale and Flagler Village. The layout includes four private offices / treatment rooms, a larger communal / conference area, six on-site spaces, and in-place income with potential for increased occupancy and rental growth.
Opportunity one
For Sale.
Professional office / mixed-use opportunity with a $2,000,000 asking price.
All financial, physical, occupancy, zoning, and property details are provided for preliminary review and remain subject to verification.
- Asking price
- $2,000,000
- Building
- Approx. 1,529 SF
- Lot
- Approx. 6,250 SF
- Occupancy
- Approx. 80%
- NOI
- $51,903 · subject to verification
- Indicated cap rate
- Approx. 2.60% · calculated / subject to verification
- Year built
- 2001
- Parking
- Six on-site spaces
- Zoning
- RAC-UV · subject to municipal verification
- Construction
- Concrete / masonry
- Tenure
- Fee simple
Investment highlights
- In-place income with rental growth potential
- Courtyard-style configuration
- Four private offices / treatment rooms
- Communal / conference area
- Six on-site spaces
- New roof and HVAC reported completed in 2024 · subject to verification
- Proximity to Downtown Fort Lauderdale and Flagler Village
- Owner-user, investor, or repositioning potential
- RAC-UV flexibility · subject to confirmation
Property read
The property offers a practical owner-user, investor, or repositioning profile: four private offices / treatment rooms, a shared communal / conference area, six on-site spaces, and a courtyard-style configuration in an active Fort Lauderdale business context.
The reported roof and HVAC completion in 2024, RAC-UV zoning flexibility, and any future occupancy or rental-growth potential are subject to verification and confirmation.
Location
In the Fort Lauderdale conversation.
720 NE 3rd Avenue sits near Downtown Fort Lauderdale and Flagler Village, with the Las Olas Boulevard corridor, Federal Highway, I-95, and nearby dining, services, and business corridors shaping the surrounding context.
The location references shown here are provided for orientation. They are not a substitute for independent diligence or municipal verification.
Property record
See the opportunity.
A visual review of the exterior, courtyard, marketing reference, and surrounding location.
Private conversation
Put the next question on the table.
Send a purchase, tour, or offering-material request directly to Frantz. Offering-material requests are reviewed and shared through a controlled process.
Frantz F. Duvernay
Commercial Real Estate Associate · Florida License SL3580056
Axis Realty Advisors, Inc.