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821 NW 57th Pl Fort Lauderdale FL 33309 MLS #A11884598

821 NW 57th Pl
Fort Lauderdale, FL, 33309
$5,495,000
Beds
0 Bathrooms
0 SqFt
0 Acres
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$5,495,000
821 NW 57th Pl
Fort Lauderdale, FL, 33309
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Project 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.

Property Details

Price:
$5,495,000
MLS #:
A11884598
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Industrial
Listed Date:
Aug 15, 2025
Total Sq Ft:
23,780
Year Built:
1971
Office/warehouse Combination,warehouse SpaceIndustrial

Schools

Interior

Exterior

Construction Materials
Concrete Block Construction
Parking Features
Loading Spaces, Shared Parking

Financial

Taxes
$59,943

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Profitability of the Property

Net Monthly Income:
Annual Profitability of:
821 NW 57th Pl
Fort Lauderdale, FL