821 Nw 57th Pl, Fort Lauderdale, FL 33309
- $4,800,000
- Sold Price
- $4,800,000
- List Price
- $5,495,000
- Closing Date
- Dec 29, 2025
- MLS#
- A11884598
- Status
- CLOSED
- Type
- Commercial
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.
Additional Information
- Days on Market
- 119
- Tax Amount
- $59,943
- Water Access
- Building & Land
- Parcel Number
- 494210110030
- Lot Size
- 44,315
- Directions
- Conveniently located off of Powerline Road between Commercial Blvd. & Cypress Creek Road. Immediate access to I-95 & the Florida Turnpike.
- Address
- 821 Nw 57th Pl, Fort Lauderdale
- Year Built
- 1971
- Section
- 10
Mortgage Calculator
Listing Courtesy of Bonvie Realty, Contact:
Selling Office: Bonvie Realty.