821 57th Pl ,Industrial for Sale & Rent

821 57th Pl for Sale & Rent

Price $5,495,000.00

• Lot size 44315
• Year Build 1971
• Waterfront
• Zip 33309
• Style
• Parking Description Loading Spaces, Shared Parking
• Pool Yes
• Status Active

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.

POWERLINE INDUSTRIAL MALL 58-27 B LOTS 2,3,4 LESS E 5 BLK 1

Central Business District, City Location, Corner Unit, Near Airport

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.

City:Fort Lauderdale,Sewer:1:Storm Sewers,Zoning:I,List A O R:A-Miami Association of REALTORS,Stories:2,Electric:1:3 Phase Electric,2:Separate Meters,Latitude:26.1992854,Lease Term:1 To 3 Year Lease,4 To 6 Year Lease,List Price:5495000,Listing Id:A11884598,Longitude:-80.1542134,Mls Status:Active,Year Built:1971,Directions:Conveniently located off of Powerline Road between Commercial Blvd. & Cypress Creek Road. Immediate access to I-95 & the Florida Turnpike.,Inclusions:Building & Land,Postal Code:33309,Street Name:57th Pl,Tenant Pays:1:Outside Insurance,2:Lawn Care,3:Exterior Maintenance,4:Real Estate Tax,Coordinates:1:26.1992854,Lot Features:1:City Location,2:Corner Unit,3:Near Airport,Photos Count:29,Business Type:1:Warehouse Space,Days On Market:41,Listing Terms:1:Conventional/Refinance,Lot Size Units:Square Feet,M I A M I R E_ Area:3540,On Market Date:2025-08-15,Parcel Number:494210110030,Property Type:Commercial Sale,Stories Total:2,Street Number:821,Public Remarks: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.,Structure Type:1:Free Standing,2:Warehouse,3:Industrial,County Or Parish:Broward County,Expiration Date:2026-07-15,List Office Name:Bonvie Realty,Standard Status:Active,Living Area Units:Square Feet,M I A M I R E_ Last Use:INDUSTRIAL,M I A M I R E_ Num Bays:3,Major Change Type:New,Parking Features:1:Shared Parking,Postal Code Plus4:2031,Property Sub Type:Industrial,State Or Province:FL,Street Dir Prefix:NW,Tax Annual Amount:59943,Unparsed Address:821 NW 57th Pl, Fort Lauderdale FL 33309,Building Features:1:Automobile Traffic,2:Exterior Lighting,3:Kitchen Facilities,4:Open Storage,5:Outside Storage,6:Private Restrooms,7:Rear Access,8:Separate Office Area,9:Separate Warehouse Area,10:Truck/Loading Dock,Listing Agreement:Exclusive Right To Sell,Road Frontage Type:1:Interchange,Building Area Total:23780,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lease Considered Y N:1,Lot Size Square Feet:44315,M I A M I R E_ Flood Zone:AE,Number Of Buildings:1,Original List Price:5495000,Public Survey Range:49,Documents Available:1:Rent Rolls,2:Existing Survey,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,M I A M I R E_ Num Offices:3,Syndication Remarks: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.,Listing Contract Date:2025-08-15,Originating System I D:miamire,Public Survey Section:10,Showing Instructions:24 Hour Notice,Call Listing Agent,Street Number Numeric:821,Tax Legal Description:POWERLINE INDUSTRIAL MALL 58-27 B LOTS 2,3,4 LESS E 5 BLK 1,Electric On Property Y N:1,M I A M I R E_ Current Price:5495000,Public Survey Township:49,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Geographic Area:Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810),M I A M I R E_ Internet Remarks:Rare Industrial 23,777 sq.ft. Dock-High Warehouse located at 821-841 NW 57th Place in Ft. Laud. All three leases are pure NNN with Under Market Rents.,M I A M I R E_ Num Loading Doors:7,M I A M I R E_ Parcel Number M L X:0030,M I A M I R E_ Street View Param:1$26.199328$-80.154487$71.32$13.33$1.00$CAoSFkNJSE0wb2dLRUlDQWdJQ0txZVdqR1E.,Contract Status Change Date:2025-08-15,Internet Address Display Y N:1,Number Of Units In Community:3,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:11,M I A M I R E_ Acreage Description:1+ To 2 Acres,M I A M I R E_ Deposit Information:1:Last Month Rent,2:Security Deposit,M I A M I R E_ Agent Alternate Phone:954-232-8494,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:821 NW 57th Pl,M I A M I R E_ Common Area Maint Includes:1:Outside Insurance,2:Lawn Care,3:Real Estate Tax,