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821 NW 57th Pl, Fort Lauderdale FL 33309

Commercial Recently Sold
$4,800,000

BTC: 77.66990291

ETH: 2,749.14089347

Sold on: 2025-12-29
119 days
0 room(s)

Overview

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 & desirable submarkets. Property benefits from strong local demand and has an excellent market position. Although occupancy is stabilized, the Offering provides clear upside with current in-place rents that are approximately 20% +/- below prevailing submarket levels. All 3 leases are NNN with an in place NOI of $344,244.00 +/- . Opportunity for new owner 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.

Location

Details

Type:
Commercial Sale
Parking:
Loading Spaces / Shared Parking
Year Built:
1971
Lot:
44315 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$3,348,500
$2.1M – $5.1M
Confidence Low
List vs. estimate
$2.1M above estimate
List $5,495,000 · +64.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
8 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$59,943
All facts and features
  • Parking

    • Loading Spaces

    • Shared Parking

    Lot

    • Lot: 44315 Square Feet

    Other Property Information

    • Parcel Number: 494210110030

    • Zoning: I

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Industrial

  • Other financial information

    • Annual tax amount: $59,943

  • Source details

    • MLS ID: A11884598

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Central Business District / City Location / Corner Unit / Near Airport

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Bonvie Realty