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2510 NW 19th St # D, Fort Lauderdale FL 33311

Commercial For Sale
$599,900

BTC: 9.49960412

ETH: 376.18596718

3 days
0 room(s)

Overview

EXCELLENT OPPORTUNITY TO ACQUIRE A FULLY OCCUPIED 4-UNIT MULTI-TENANT RETAIL STRIP CENTER IN FORT LAUDERDALE FEATURING FOUR ESTABLISHED TENANTS AND IMMEDIATE CASH FLOW. THIS WELL-MAINTAINED 2,323 SF COMMERCIAL BUILDING OFFERS A 6.25% CURRENT IN-PLACE CAP RATE WITH SIGNIFICANT UPSIDE THROUGH FUTURE LEASE RENEWALS AND RENTAL ADJUSTMENTS TOWARD MARKET RATES. THE CURRENT IN-PLACE NOI IS $37,500, WITH A PROJECTED PRO FORMA NOI OF APPROXIMATELY $56,700, CREATING SUBSTANTIAL VALUE-ADD POTENTIAL. LOCATED WITHIN A FEDERALLY DESIGNATED OPPORTUNITY ZONE. IDEALLY LOCATED ON BUSY NW 19TH STREET WITH CONVENIENT ACCESS TO I-95, THE PROPERTY BENEFITS FROM EXCELLENT VISIBILITY, STRONG TRAFFIC EXPOSURE, AND EASY ACCESSIBILITY FOR BOTH CUSTOMERS AND TENANTS. RECENT IMPROVEMENTS INCLUDE A FRESHLY PAINTED EXTERIOR AND A NEWLY SEALED AND STRIPED PARKING LOT, HELPING MINIMIZE NEAR-TERM CAPITAL EXPENDITURES. PROPERTY FEATURES FOUR LEASED RETAIL UNITS, EACH WITH ITS OWN PRIVATE BATHROOM AND AIR CONDITIONING SYSTEM, PROVIDING TENANTS WITH INDIVIDUAL CONTROL AND OPERATIONAL FLEXIBILITY. THE PROPERTY ALSO INCLUDES NINE ON-SITE PARKING SPACES, STABLE RENTAL INCOME, AND AN ATTRACTIVE VALUE-ADD OPPORTUNITY FOR INVESTORS SEEKING BOTH IMMEDIATE CASH FLOW AND LONG-TERM APPRECIATION. CURRENT INCOME PROVIDES SOLID RETURNS, WHILE BELOW-MARKET RENTS OFFER THE POTENTIAL TO INCREASE FUTURE NOI. PRIVATE AND INTERNATIONAL INVESTORS SEEKING AN INCOME-PRODUCING COMMERCIAL ASSET IN FORT LAUDERDALE MARKET

Location

Details

Type:
Commercial Sale
Parking:
Common / Free Parking
Year Built:
2002
Lot:
7080 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
$599,900
$554K – $1.4M
Confidence Low
List vs. estimate
At estimate
List $599,900 · +0.0%
List is in line with recent comparable activity.
Based on
9 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,125
Parking
9 spaces
All facts and features
  • Parking

    • Common

    • Free Parking

    Lot

    • Lot: 7080 Square Feet

    Other Property Information

    • Parcel Number: 494232120490

    • Zoning: CB

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Other financial information

    • Annual tax amount: $9,125

  • Source details

    • MLS ID: A12050162

Private inquiry
Talk to the advisor on this listing.
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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: Florida Capital Realty