Warehouse Condominium with Roll-Up
5300 NW 12th Avenue Fort Lauderdale, FL 33309
For Sale
$1,200,000
COMMERCIAL - Fort Lauderdale, FL
Property Size4,860 SF
Lot Size0.12 Acres
Price / SF$246.91
Days on Market647
Property Features for 5300 NW 12th Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
I
Bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Standard status
Active
APN
494216Aa0120
Size
4,860 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
YANKEE EXECUTIVE WAREHOUSE CONDO UNITS 11 & 5 PER CDO BK/PG: 13207/222
Tax Annual Amount
13454
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1985
Floors in Building
1
Number of units
1
Flooring type
Concrete
Roof type
Built-Up
Listing Agency:
Comwire Realty Inc
(772) 777-8777
Listed By:
Richard A Sarta · License #511790
(772) 777-8777
Added: Oct 19, 2024
Changed: Jul 24
Last Checked: Jul 27 at 12:06PM
MLS# R11029866
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This warehouse condominium property includes combined 4,860 square feet of warehouse space with 20-foot ceilings and approximately 10% office space. The layout features five 10x10 roll-up doors and two bathrooms, with parking available in both the front and rear.
The property is located in Fort Lauderdale and is described as having quick access to I-95 and Florida’s Turnpike. Public remarks also note proximity to DRV PNK Stadium and Fort Lauderdale Executive Airport, and that auto use is allowed.
An additional 1,860 square-foot contiguous unit 10 is available, allowing for up to 6,720 square feet of contiguous warehouse space. The property is identified for zoning classification I and is presented for warehousing, light manufacturing, or service business use.
The property is located in Fort Lauderdale and is described as having quick access to I-95 and Florida’s Turnpike. Public remarks also note proximity to DRV PNK Stadium and Fort Lauderdale Executive Airport, and that auto use is allowed.
An additional 1,860 square-foot contiguous unit 10 is available, allowing for up to 6,720 square feet of contiguous warehouse space. The property is identified for zoning classification I and is presented for warehousing, light manufacturing, or service business use.
Key Highlights
- AUTO USE ALLOWED in Fort Lauderdale
- Prime location near DRV PNK Stadium and Fort Lauderdale Executive Airport with quick access to I‑95 and Florida's Turnpike
- Combined 4,860 SF warehouse condominium units (up to 6,720 SF contiguous with additional unit)
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $99.1k | $20.40 |
| − Vacancy | −$4.2k | −$0.86 |
| EGI | $95.0k | $19.54 |
| − OpEx | −$14.2k | −$2.93 |
| NOI | $80.7k | $16.61 |
4,860 SF · lease $20.40/SF/yr · vacancy 4.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.15M
$1.01M – $1.35M
NOI $80,733 @ 7.0% cap · market cap 6.73%
Second Best
Industrial
$1.00M
$877.2K – $1.17M
NOI $70,176 @ 7.0% cap · market cap 5.85%
Theoretical Best
Office A
$3.27M
$2.86M – $3.81M
NOI $228,614 @ 7.0% cap · market cap 19.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
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Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse condo unit with 20-foot ceilings, 10% office, and multiple 10x10 roll-up doors, plus front and rear parking.
Where is this warehouse located?
The property is located at 5300 NW 12th Avenue Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: AUTO USE ALLOWED in Fort Lauderdale; Prime location near DRV PNK Stadium and Fort Lauderdale Executive Airport with quick access to I‑95 and Florida's Turnpike; Combined 4,860 SF warehouse condominium units (up to 6,720 SF contiguous with additional unit)
