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    828 NW 1St St Fort Lauderdale, FL 33311

    For Sale
    $2,650,000

    Leased warehouse on corner lot with below market rents.

    Lot size:
    0.32 Acres

    Property Features for 828 NW 1St St

    General Information

    Lot size
    0.32 Acres

    Building Details

    Year built
    1957

    Source: Better Homes & Gdns RE Fla 1st Agent Nicholas Trotz

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Leased Warehouse with High Traffic

    This property features a 10,003 square foot corner lot warehouse with B-3 zoning. The warehouse is divided into 8 bays, each approximately 1200 to 1400 square feet, and is fully leased. A completed 40-year inspection is on file. The roof was permitted in 2005 and re-sealed in 2025. The property is located in an opportunity zone with high traffic. There are 15 or more exterior parking spots available. The ceiling height ranges from 12 to 13.5 feet. The property has separate meters for each bay. There are currently 6 tenants in good standing, all of whom would like to stay. Tenants are responsible for their own electric and insurance, while the landlord covers taxes, water, and sewer.
    Insight Report Location Intelligence

    Current Use by Public Records

    Inspired Illusions Interior Designer FADED - A Window Tinting ... Window Tinting Service

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Self Storage, Bounce Luggage Storage - South Fort Lauderdale, Ideal Moving & Storage, movers and shakers boat deliveries, Sterling Management & Consulting

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1532992
    Latitude
    26.1227322

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    FAQs

    What type of property is this?
    Warehouse - Leased warehouse on corner lot with below market rents.
    Where is this warehouse located?
    The property is located at 828 NW 1St St Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $2,650,000.
    What are key features of this property?
    This property features: - Fully leased warehouse with 8 bays, providing immediate rental income.; - Below-market rents offer significant potential to increase the cap rate within a year.; - Located in an opportunity zone with high traffic, increasing investment potential.
    (954) 661-2838
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    828 NW 1St St Fort Lauderdale, FL 33311
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    828 NW 1St St Fort Lauderdale, FL 33311
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