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27362463
27362474

201 SW 21st St, Fort Lauderdale, FL 33315

Bonvie Realty & Development
Listed by Bonvie Realty & Development
$3,495,000
268 days on market
Updated 31 days ago

201-215

Details
APN 504215015580
Property Type Industrial
Sub Type Warehouse, Industrial
Square Footage 12,070
Year Built 1959
Buildings 1
Acreage 0.480
Zoning RM-15

Industrial | 12,070 SqFt

Marketing 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 15 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 $195,000. +/- . 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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Bonvie Realty & Development
Listed by Bonvie Realty & Development

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