Public market commentary. This property is not listed for sale by Justin Crow · Mattis Advisors.

1101 - 1131 N Federal Highway

Fort Lauderdale, FL 33304  ·  11-03 Retail - 5,000 sq. ft. to 20,000 sq. ft.  ·  Folio 494236190010
Building
17,160
square feet
Lot
58,629
1.35 acres
Year built
1985
41 years old
Assessed value
$6,884,850
$401/SF assessed

Ownership and recorded sale history

Owner of recordPMG AIRPORT LLC
Entity statusActive — Florida Division of Corporations
Broward County Property Appraiser and Florida Division of Corporations. Public records; may lag actual events.

What has actually traded in Sunrise Boulevard Corridor

Recorded transactions for retail properties in the East Sunrise Boulevard and North Federal Highway corridor, narrowed to the buildings closest to this one in size and age.

Recorded sales
8
2021–2025
Median price/SF
$389
$132 – $539
Median size
8,469
square feet
Median vintage
1962
year built
Computed across the 8 sales listed below — the closest matches to this building by size and vintage. Transfers under $100,000, multi-parcel portfolio deals that cannot be allocated, and land-dominant parcels are excluded.

Reading this against the corridor

The county assesses this building at $401/SF. Recorded sales of retail properties in Sunrise Boulevard Corridor since 2021 have a median of $389/SF, across a range of $132/SF to $539/SF.

Across those 8 recorded sales, the median sale price came in at 1.22× the county assessed value. Assessed values are set for taxation and are reset on their own schedule, so they routinely sit apart from transaction prices — in either direction.

At 17,160 SF this building is materially larger than the 8,469 SF median for retail properties trading in this corridor, which narrows the pool of directly comparable transactions.

By footprint it sits in roughly the 95th percentile of retail properties that have traded in this corridor — 1 of the 19 recorded sales were of larger buildings.

The assessment works out 3% above the median price per square foot of the comparable sales shown below. That is an arithmetic comparison of a tax figure against transaction prices, not a statement about what this building would sell for.

What this means for this building depends on what no public record contains — the leases, the condition, the rent roll.

Recorded sales of comparable size and vintage

PropertySizeBuiltSoldPricePer SF
3120 E Sunrise Boulevard + 2 more parcels
12-01 Mixed store or office and residential · combined 7,139 SF portfolio sale
7,13919582025$3,850,000$539
2000 E Sunrise Boulevard
12-02 Mixed store and office
10,61219542024$1,400,000$132
3001 Alhambra St
Mixed Retail/Residential
7,61720052023$2,800,000$368
900 N Flagler Dr
Stores, 1 story
15,45619612022$8,250,000$534
603 NE 13 St + 2 more parcels
Mixed Retail/Residential · combined 13,612 SF portfolio sale
13,61219662022$5,475,000$402
702 NE 1 Ave
Mixed Retail/Residential
8,86419642022$4,250,000$479
907 NE 20 Ave + 1 more parcel
Mixed Retail/Residential · combined 8,074 SF portfolio sale
8,07419582021$2,958,500$366
714 NE 13 St
Stores, 1 story
5,25019732021$1,972,500$376
Recorded sale prices from Broward County public records. Comparable transactions — not an appraisal, and not an opinion of value for this or any property.

Important Disclosures

Not a listing. The property described on this page is not listed for sale or lease by Justin Crow or Mattis Advisors. Justin Crow has no listing authority for this property and does not represent the owner unless explicitly engaged in a written agreement.

Not an appraisal. Nothing on this page constitutes an appraisal, a Broker's Opinion of Value, or a Broker Price Opinion under Florida Statute 475.612. The submarket benchmarks shown are general market observations and are not specific opinions of value for this property.

Public records. All property data is sourced from the Broward County Property Appraiser's public records and is reproduced here for informational purposes. Property data may be inaccurate or out of date. Justin Crow makes no warranty as to the accuracy or completeness of any information on this page.

Owner opt-out. If you are the owner of this property and would prefer this page be removed, please email justin@mattisadvisors.com with the subject "Opt-out — Folio 494236190010." We will remove the page within 24 hours of receipt, no questions asked.

About. Justin Crow is a Florida-licensed real estate associate operating under Mattis Advisors. Brokerage activity is conducted through Mattis Advisors.