Corner Flex Space with
For Sale
Contact for pricing
1060 NW 1st Court, Hallandale Beach, FL 33009
Air-conditioned commercial space combines warehouse capacity with an integrated office area.
Property Size4,000 SF
Price / SF$0.01
Days on Market86
Property Features for 1060 NW 1st Court
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Industrial
Building Details
Year Built
1972
Listing Agency:
The Corcoran Group
(305) 677-2036
Listed By:
Yariv Mizrahi · License #3534026
(347) 680-3543
Source:
Lehmannflorida
Added: Jul 29
Changed: Oct 21
Last Checked: Oct 20 at 9:55PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Corcoran Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Unit #1060 is a 4,000 sq. ft. air-conditioned flex property with warehouse space and an office component. The corner-unit configuration supports a range of commercial applications identified for the property, including automotive, marine, showroom, light industrial, and storage uses. The building dates to 1972.
The property is at 1060 NW 1st Ct in Fort Lauderdale, with access to I-95 and nearby airports. Shopping centers are also in the surrounding area. Parking is available on site, adding practical support for business operations and visitors.
The property is at 1060 NW 1st Ct in Fort Lauderdale, with access to I-95 and nearby airports. Shopping centers are also in the surrounding area. Parking is available on site, adding practical support for business operations and visitors.
Key Highlights
- 4,000 sq. ft. air‑conditioned warehouse with office space
- Corner Unit #1060 at 1060 NW 1st Ct, Fort Lauderdale, FL 33009
- Potential applications include automotive, marine, showroom, light industrial, and storage uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,183
Suggested Prices Based on Cap Rates
Cap Rate 5%
$863,660
$863.7K
Cap Rate 7%
$616,900
$616.9K
Cap Rate 9%
$479,811
$479.8K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$65.3K $16.32/SF
− Vacancy
−$3.6K −$0.90/SF
EGI
$61.7K $15.42/SF
− OpEx
−$18.5K −$4.63/SF
NOI
$43.2K $10.80/SF
Area
Broward County, FL
Vacancy
5.50%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$863,660
Cap Rate 7%
$616,900
Cap Rate 9%
$479,811
Alternative Uses
Best Use
Office B
$1.51M
$1.33M – $1.77M
NOI $106,020 @ 7.0% cap · market cap 481,909.09%
Second Best
Flex RnD
$1.26M
$1.10M – $1.47M
NOI $87,984 @ 7.0% cap · market cap 399,927.27%
Theoretical Best
Office A
$2.03M
$1.78M – $2.37M
NOI $142,056 @ 7.0% cap · market cap 645,709.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,533
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33009, FL
43,301
Population
31,020
Households
1.4
Avg Household Size
47
Median Age
36%
College-Educated
88%
High-School Grad
4.9 sq mi
ZIP Area
8,837
Density / Sq Mi
$48,196
Median Household Income
$33,928
Median Earnings
$1,576
Median Rent
$248,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Simplecater — 500 S Federal Hwy #89, Hallandale Beach, FL 33009
- The Catering Companies — 19 NE 1st Ave, Hallandale Beach, FL 33009
- The Chef & The Chief — 126 N Federal Hwy, Hallandale Beach, FL 33009
- Firehouse Subs Hallandale Beach — 701 E Hallandale Beach Blvd, Hallandale Beach, FL 33009
- Executive Private Catering — 801 NE 10th St, Hallandale Beach, FL 33009
Frequently Asked Questions
What type of property is this?
Flex space - Air-conditioned commercial space combines warehouse capacity with an integrated office area.
Where is this flex space located?
The property is located at 1060 NW 1st Court Hallandale Beach, FL.
What are key features of this property?
This property features: 4,000 sq. ft. air‑conditioned warehouse with office space; Corner Unit #1060 at 1060 NW 1st Ct, Fort Lauderdale, FL 33009; Potential applications include automotive, marine, showroom, light industrial, and storage uses
