201 Sw 21st Street, Fort Lauderdale, FL

$3,495,000

Previous Next

0.48

Acres

About 201 Sw 21st Street

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.

Features of 201 Sw 21st Street

MLS® # A11960453
Price $3,495,000
Acres 0.48
Year Built 1959
Type Commercial
Sub-Type Industrial
Status Active

Community Information

Address 201 Sw 21st Street
Area 3500
City Fort Lauderdale
County Broward
State FL
Zip Code 33315
HOPA No Hopa

Interior

# of Stories 1

Additional Information

Zoning RM-15
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeBonvie Realty

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?