201 Sw 21st St, Fort Lauderdale, FL 33315
- $3,495,000
- List Price
- $3,495,000
- MLS#
- A11960453
- Status
- ACTIVE
- Type
- Commercial
Property Description
RARE SMALL BAY WAREHOUSE FOR SALE 201-215 SW 21st in Ft. Lauderdale. Completely updated small bay industrial warehouse property totals +/- 12,070 square feet & sits on a 0.48-acre site. Currently laid out as 12 Individual Bays & is 100% leased. Located in one of the country’s densest and most desirable submarkets of Ft. Lauderdale. Current in-place rents for existing tenants are $20.00 modified gross with all tenants on "Month to Month" leases. NOI approximately $185,000. +/- . Market rents remain meaningfully below the competitive set, allowing new ownership to increase rents while preserving the Property’s value-alternative positioning. Built in 1959 and fully renovated in 2025-2026, with the following improvements: Brand-New Roof & Decking, New Impact Windows & Doors, Brand New repaving-restriping, & New Paining. Located right off of St. Road-84, the property is centrally located with immediate access to Port Everglades, Ft. Lauderdale International Airport, I-595, I-95, & the Florida Turnpike. All easy approaches to the prime location.
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Additional Information
- Days on Market
- 341
- Tax Amount
- $32,110
- Water Access
- Building & Land
- Parcel Number
- 504215015580
- Lot Size
- 20,827
- Directions
- Property is just north off of State Road 84 between Andrew’s Ave and SW 4th Avenue off of SW 2nd Ave. Immediate access to Ft. Lauderdale International Airport, Port Everglades, I-595, I-95, & the FL. Turnpike. All easy approaches to the location.
- Address
- 201 Sw 21st St, Fort Lauderdale
- Year Built
- 1959
- Section
- 15
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Listing Courtesy of Bonvie Realty, Contact: