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.
| MLS # | A11960453 |
|---|---|
| Listing Type | For Sale |
| Style | Industrial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1959 |
| Days On Site | 245 |
| Listing Provided By | Bonvie Realty | Richard J Bonvie |
| SQ Feet | 12,070 |
|---|---|
| Story(s) | 1 |
| Building(s) | 1 |
| Zoning | RM-15 |
| Acreage | 0.48 |
| Lot Features | Corner Lot |
|---|
| Tax Annual Amount | 32110 |
|---|
| State | FL |
|---|---|
| County | Broward |
| City | Fort Lauderdale |
| Zip Code | 33315 |
| Area | 3500 |
| Subarea | FTSW Ft Lauderdale SW (3470 3500;3570 3590) |
| Listing VS Median (in 33315) | |
Price: $3,495,000 low | high Med: $239,450 sqft: 12,070 low | high Med: 842 $ / sqft: $290 low | high Med: $286 On site: 245 low | high Med: 46 | |
| State | FL |
|---|---|
| County | Broward |
| City | Fort Lauderdale |
| Zip Code | 33315 |
| Area | 3500 |
| Subarea | FTSW Ft Lauderdale SW (3470 3500;3570 3590) |
| Listing VS Median (in 33315) | |
Price: $3,495,000 low | high Med: $239,450 sqft: 12,070 low | high Med: 842 $ / sqft: $290 low | high Med: $286 On site: 245 low | high Med: 46 | |