Multi-Tenant Retail Investment Opportunity

3870-3890 Southwest 2nd Court, Plantation, FL 33312

Property Information

  • For Sale $1,000,000
  • Property Type Retail - Street Retail
  • Property Size 4,056 SF
  • Lot Size 0.23 Acre
  • Year Built 1965
  • Date Updated Jun 10, 2026

Description

Immerse yourself in the vibrant surroundings of Fort Lauderdale, Florida, embracing its diverse retail and dining scene. The property beckons investors to a prime location with close proximity to renowned destinations like Riverwalk, Las Olas Boulevard, and the Broward Center for the Performing Arts. This Multi-Tenant Retail Investment Opportunity sits within a dynamic community boasting thriving arts and culture, captivating beaches, and a robust commercial landscape. For retail and street retail investors seeking a lucrative foothold in a bustling and sought-after district, this location presents an enticing prospect in the heart of Fort Lauderdale's vibrant tapestry.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.

Highlights

  • $247 PSF (asking price)
  • 5.9% CAP Rate
  • Approximately $80,930 annual gross income
  • Convenient access to I-95, I-595 & Florida’s Turnpike
  • Corner parcel with frontage on SW 2nd Court & SW 38th Terrace
  • Ideal opportunity for private investors and 1031 exchange buyers
  • Landlord currently pays for Property Ins and there are No CAM fees
  • Located within established Plantation residential trade area
  • Lot 9,930 SF, 4,056 SF building, Yr built 1965
  • Multi-Tenant Retail Investment Opportunity
  • NOI $59,200
  • On-site parking for tenants and customers
  • Stable in-place income with value-add potential
  • Strong neighborhood retail and service corridor
  • Tenants pay prorate share of RE Taxes

Contacts

Gus Martinez

CMV Commercial - The Martinez Team

Location

Located at 3870-3890 Southwest 2nd Court, Plantation, FL 33312, this property is part of the Melrose Park neighborhood and Fort Lauderdale market.

Contact Listing Broker
Gus Martinez

CMV Commercial - The Martinez Team

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