FL > Fort Lauderdale
Fort Lauderdale, FL 33309,821 NW 57th Pl
Fort Lauderdale, FL 33309,821 NW 57th Pl
Fort Lauderdale, FL 33309,821 NW 57th Pl
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Monica Cataluña, CCIM

Monica Cataluña, CCIM

+1(954) 812-1831
$5,495,000
Est. payment /mo
23,780 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 23,780 sqft

Price per Sqft $231

MLS Listing ID A11884598

HOA Y/N No

Year Built 1971

Annual Tax Amount $59,943

Lot Size 1.017 Acres

Property Sub-Type Industrial

Property 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.

Location

State FL

County Broward

Area 3540

Direction Conveniently located off of Powerline Road between Commercial Blvd. & Cypress Creek Road. Immediate access to I-95 & the Florida Turnpike.

Exterior

Private Pool Yes

Building

Story 2

Sewer Public Sewer

Level or Stories Two

Structure Type Block

Others

Tax ID 494210110030

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11884598

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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Bonvie Realty
Monica Cataluña, CCIM

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

1655 N Commerce Parkway, Suite 204, Weston, Florida, 33326, United States

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821 NW 57th Pl