Immaculate Flex Warehouse
For Sale
Contact for pricing
1120 NW 54TH Street, Fort Lauderdale, FL 33309
Flex space includes private offices, skylights, three ADA restrooms, and 15 parking spaces.
Property Size6,283 SF
Price / SF$0.00
Days on Market98
Property Features for 1120 NW 54TH Street
General Information
Standard status
Active
Size
6,283 SF
Total Parking Spaces
15
Property subtype
Industrial
Zoning
I
Additional Details
Clear Height
22 ft
Office Units
11
Building Details
Year Built
1982
Listing Agency:
Campbell&Rosemurgy Real Estate
(954) 427-8686
Listed By:
John McQueston · License #671011
(561) 706-7721
Source:
Lehmannflorida
Added: Jul 14
Changed: Oct 16
Last Checked: Oct 16 at 9:37AM
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 Campbell&Rosemurgy Real Estate
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Investment Insights
Based on property information with market context.
This immaculate flex warehouse-office space totals 6,283 square feet and is designed for versatile indoor operations. The layout includes (11) private offices and multiple workstations, supported by skylights and 22-foot ceiling height. The space also features three ADA bathrooms and 15 parking spaces.
The property is offered for sale and is located in close proximity to Inter Miami CF Stadium in Fort Lauderdale, near major arteries for convenient access.
Industrial zoning (I) is designed for light industrial and commercial uses that do not create heavy noise, pollution, or traffic. Typical permitted uses include warehousing and distribution storage, logistics and shipping facilities, indoor light manufacturing assembly, fabrication, and processing, research and development and tech innovation spaces, and trade and contractor services such as plumbing, electrical, and HVAC, along with office, showroom, and limited retail use tied to industrial activity.
The property is offered for sale and is located in close proximity to Inter Miami CF Stadium in Fort Lauderdale, near major arteries for convenient access.
Industrial zoning (I) is designed for light industrial and commercial uses that do not create heavy noise, pollution, or traffic. Typical permitted uses include warehousing and distribution storage, logistics and shipping facilities, indoor light manufacturing assembly, fabrication, and processing, research and development and tech innovation spaces, and trade and contractor services such as plumbing, electrical, and HVAC, along with office, showroom, and limited retail use tied to industrial activity.
Key Highlights
- 6,283 SF flex space built in 1982 with 22' ceiling height and skylights
- Includes 11 private offices plus multiple workstations for a flexible office‑to‑industrial layout
- 3 ADA bathrooms to support accessible restrooms throughout the space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$90,724
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,814,480
$1.8M
Cap Rate 7%
$1,296,057
$1.3M
Cap Rate 9%
$1,008,044
$1.0M
Market Conditions
NOI Build-Up for 6,283 SF
Gross rent
$135.7K $21.60/SF
− Vacancy
−$6.1K −$0.97/SF
EGI
$129.6K $20.63/SF
− OpEx
−$38.9K −$6.19/SF
NOI
$90.7K $14.44/SF
Area
Fort Lauderdale, FL
Vacancy
4.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,814,480
Cap Rate 7%
$1,296,057
Cap Rate 9%
$1,008,044
Alternative Uses
Best Use
Warehouse
$1.49M
$1.30M – $1.74M
NOI $104,371 @ 7.0% cap · market cap 579,838.89%
Second Best
Flex RnD
$1.38M
$1.21M – $1.62M
NOI $96,946 @ 7.0% cap · market cap 538,588.89%
Theoretical Best
Office A
$4.22M
$3.69M – $4.93M
NOI $295,552 @ 7.0% cap · market cap 1,641,955.56%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
22 ft
Clear height
11
Office units
Location Intelligence
Trade Area within ½ mile
1,796
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33309, FL
37,642
Population
14,783
Households
2.5
Avg Household Size
39
Median Age
23%
College-Educated
85%
High-School Grad
9.7 sq mi
ZIP Area
3,881
Density / Sq Mi
$73,496
Median Household Income
$35,850
Median Earnings
$1,829
Median Rent
$309,100
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Flex space includes private offices, skylights, three ADA restrooms, and 15 parking spaces.
Where is this flex space located?
The property is located at 1120 NW 54TH Street Fort Lauderdale, FL.
What are key features of this property?
This property features: 6,283 SF flex space built in 1982 with 22' ceiling height and skylights; Includes 11 private offices plus multiple workstations for a flexible office‑to‑industrial layout; 3 ADA bathrooms to support accessible restrooms throughout the space
