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Fully renovated 6, 234 SF mixed-use commercial asset designed for both investors and owner-occupants modern, flexible, and positioned in one of Broward County’s most connected business corridors. Minutes from Fort Lauderdale–Hollywood International Airport, Port Everglades, I-95, and US-1, the property benefits from exceptional access, visibility, and daily traffic that consistently attracts quality tenancy.
The building has been upgraded throughout, featuring a new roof, impact windows and doors, commercial-grade A/C systems, and high-end interior and exterior finishes creating a true turnkey environment with a clean, contemporary presence ideal for professional, medical, wellness, or retail users.
For investors, the asset delivers an in-place cap rate of approximately 6. 1% with additional upside through lease optimization and rent growth. The property is configured into four retail/office suites supported by 16 on-site parking spaces, providing diversified income and operational flexibility in a high-demand submarket.
For owner-users, establish your headquarters while your property works for you occupy one suite and lease the remaining spaces to offset operating costs and build equity in a modern, income-producing asset.
A rare combination of location, condition, and cash flow, 2990 Griffin Road stands as a strategic acquisition for those seeking both immediate performance and long-term value in South Florida’s thriving commercial landscape.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$2,399,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,919,200 | $1,919,200 | $1,919,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.251% | 6.235% | 6.183% |
| Monthly Tax Payment | $2,411 | $2,411 | $2,411 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $11,200 | $11,661 | $16,195 |
| Total Monthly Payment | $13,736 | $14,197 | $18,731 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.