Overview

Property ID: A11884598

Industrial, Commercial Sale
Property Type

23780 Sqft
Area Size

1971
Year Built

Description

FOR SALE: Rare Industrial Dock-High Warehouse located at 821-841 NW 57th Place in Ft. Lauderdale. Warehouse consists of 23,777 rentable sq. ft. on a 1.02 acre site. Total of 3-Bays that are currently 100% leased. Situated in one of the nation’s most affluent & desirable submarkets. Property benefits from strong local demand and has an excellent market position. Although occupancy is stabilized, the Offering provides clear upside with current in-place rents that are approximately 20% +/- below prevailing submarket levels. All 3 leases are NNN with an in place NOI of $344,244.00 +/- . Opportunity for new owner to raise rents in the future while maintaining the Property’s value alternative appeal. Built in 1972 with solid concrete block construction. Additional outside storage for each unit.

Listing courtesy of Bonvie Realty.

20+

Address

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Address: 821 NW 57th Pl
City: Fort Lauderdale
State/county: FL
Zip/Postal Code: 33309

Details

Updated on December 19, 2025 at 12:28 am

Property ID A11884598
Price $5,495,000
Property Size 23780 Sqft
Garage Size x x
Year Built 1971
Property Type Industrial, Commercial Sale
Property Status Active Under Contract

Additional details

Listing Terms Cash, Conventional
Sewer Public Sewer
County Broward
Property Type Commercial Sale
Parking Accessible Parking,Common

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