821 NW 57th Pl, Fort Lauderdale FL 33309 | Broward County | A11884598
- $5,495,000
- Industrial
821 NW 57th Pl, Fort Lauderdale FL 33309 | Broward County | A11884598
- $5,495,000
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 and desirable submarkets. Property benefits from strong local demand and has an excellent market position. Although occupancy is stabilized, the Offering provides clear upside: current in-place rents are approximately 20% below prevailing submarket levels. All three leases are NNN with an in place NOI of $344,244.00 +/- . Opportunity for new ownership 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.
Address
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Address: 57th Pl
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City: Fort Lauderdale
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State/county: Broward County
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Zip/Postal Code: 33309
Details
Updated on September 25, 2025 at 6:15 am-
Property ID A11884598
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Price $5,495,000
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Year Built 1971
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Type Industrial
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Property Status Commercial Sale
Additional details
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AccessibilityFeatures Accessible Parking
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BuildingAreaTotal 23780
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BuildingAreaUnits Square Feet
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BuildingFeatures Airport Access, Automobile Traffic, Exterior Lighting, Kitchen Facilities, Open Storage, Outside Storage, Private Restrooms, Rear Access, Separate Office Area, Separate Warehouse Area, Truck/Loading Dock
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BusinessType Office/Warehouse Combination, Warehouse Space
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ConstructionMaterials Concrete Block Construction
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ContractStatusChangeDate 2025-08-15
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CurrentUse Industrial
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DaysOnMarket 41
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Directions Conveniently located off of Powerline Road between Commercial Blvd. & Cypress Creek Road. Immediate access to I-95 & the Florida Turnpike.
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DocumentsAvailable Copy Of Lease(S), Rent Rolls, Existing Survey
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Electric 200+ Amp Service, 3 Phase Electric, Separate Meters
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ExistingLeaseType NNN
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ExpirationDate 2026-07-15
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Fencing Fenced
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FinancialDataSource Accountant Provided
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Inclusions Building & Land
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InternetAddressDisplayYN 1
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InternetEntireListingDisplayYN 1
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LeaseConsideredYN 1
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LeaseTerm 1 To 3 Year Lease, 4 To 6 Year Lease
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ListAOR A-Miami Association of REALTORS
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ListAgentDirectPhone 954-232-8494
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ListAgentEmail rick@bonviedevelopment.com
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ListAgentFullName Richard Bonvie
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ListAgentKey f294ce3c30be5a81d5d9a6a67230954b
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ListAgentMlsId 0610564
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ListAgentOfficePhone 954-232-8494
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ListAgentStateLicense 0610564
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ListOfficeFax 954-566-9427
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ListOfficeKey 152631599bbef28c20f046364e83a254
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ListOfficeMlsId BVIE01
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ListOfficeName Bonvie Realty
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ListOfficePhone 954-232-8494
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ListingAgreement Exclusive Right To Sell
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ListingContractDate 2025-08-15
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ListingKey 0d4a3b5f3a95c5f0043cd4af011d7da4
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ListingTerms All Cash, Conventional/Refinance
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LotFeatures Central Business District, City Location, Corner Unit, Near Airport
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LotSizeSquareFeet 44315
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MajorChangeTimestamp September 25, 2025 at 05:32am
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MajorChangeType New
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MlsStatus Active
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ModificationTimestamp September 25, 2025 at 10:00am
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NumberOfBuildings 1
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NumberOfUnitsInCommunity 3
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OnMarketDate 2025-08-15
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OriginalEntryTimestamp September 25, 2025 at 05:32am
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OriginalListPrice 5495000
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OriginatingSystemID miamire
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OriginatingSystemKey miamire
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OriginatingSystemName Miami Association of REALTORS®
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OtherExpense 0
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ParcelNumber 494210110030
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ParkingFeatures Loading Spaces, Shared Parking
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PhotosChangeTimestamp September 25, 2025 at 05:36am
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PhotosCount 29
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Possession Funding
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PostalCodePlus4 2031
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PriceChangeTimestamp September 25, 2025 at 04:59am
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PublicSurveyRange 49
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PublicSurveySection 10
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PublicSurveyTownship 49
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RoadFrontageType City Street, Interchange
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Sewer Public Sanitation, Storm Sewers
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ShowingContactType Agent
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ShowingInstructions 24 Hour Notice, Call Listing Agent
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SourceSystemKey 421005713
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SpecialListingConditions Sale
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StateOrProvince FL
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StatusChangeTimestamp September 25, 2025 at 05:32am
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Stories 2
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StoriesTotal 2
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StreetDirPrefix NW
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StreetName 57th Pl
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StreetNumber 821
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StreetNumberNumeric 821
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StructureType Commercial, Free Standing, Warehouse, Industrial
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SyndicationRemarks 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 and desirable submarkets. Property benefits from strong local demand and has an excellent market position. Although occupancy is stabilized, the Offering provides clear upside: current in-place rents are approximately 20% below prevailing submarket levels. All three leases are NNN with an in place NOI of $344, 244.00 +/- . Opportunity for new ownership 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.
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TaxAnnualAmount 59943
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TaxLegalDescription POWERLINE INDUSTRIAL MALL 58-27 B LOTS 2, 3, 4 LESS E 5 BLK 1
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TenantPays Inside Insurance, Outside Insurance, Lawn Care, Exterior Maintenance, Real Estate Tax
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Zoning I
Features
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