Freestanding Office/Warehouse in Fort
1143 NE 7th Ave Fort Lauderdale, FL 33304
For Sale
$1,900,000
Pending
Freestanding office/warehouse with renovated offices and flexible B-3 zoning.
Property Size4,900 SF
Days on Market98
Property Features for 1143 NE 7th Ave
General Information
Standard status
Pending
Size
4,900 SF
Property subtype
Commercial
Building Details
Year Built
1954
Listing Agency:
LPT Realty LLC
(954) 540-0358
Listed By:
Mia Mary Sanabria · License #3405877
(954) 540-0358
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 23 at 5:55AM
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 LPT Realty LLC
Investment Insights
Based on property information with market context.
This freestanding office/warehouse is located in a desirable industrial area of Fort Lauderdale. The property has 4,900 square feet of air-conditioned space and features four roll-up doors. The offices have been renovated. The B-3 zoning allows for heavy-light industrial business use. The property is vacant and ready for immediate occupancy, offering flexibility for an owner/user or investor. This two-floor warehouse includes two full bathrooms, two half bathrooms, a full kitchen, and a lobby entrance. It also features a flow-through garage from the front bay door to the back, split lofts, and ceilings ranging from 8 to 20 feet. There are six to seven parking spots available. The property offers convenient access to downtown, Hollywood International Airport, the Everglades, I-95, I-595, and the Turnpike. The bike score is 51, indicating it is bikeable. The walk score is 54, indicating it is somewhat walkable. The transit score is 40, indicating some transit options are available.
Key Highlights
- Freestanding office/warehouse with B‑3 zoning, suitable for heavy‑light industrial business use.
- Vacant
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 | $100.0k | $20.40 |
| − Vacancy | −$4.2k | −$0.86 |
| EGI | $95.8k | $19.54 |
| − OpEx | −$14.4k | −$2.93 |
| NOI | $81.4k | $16.61 |
4,900 SF · lease $20.40/SF/yr · vacancy 4.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.16M
$1.02M – $1.36M
NOI $81,397 @ 7.0% cap · market cap 4.28%
Second Best
Flex RnD
$1.08M
$945.1K – $1.26M
NOI $75,607 @ 7.0% cap · market cap 3.98%
Theoretical Best
Office A
$3.29M
$2.88M – $3.84M
NOI $230,496 @ 7.0% cap · market cap 12.13%
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?
Flex space - Freestanding office/warehouse with renovated offices and flexible B-3 zoning.
Where is this flex space located?
The property is located at 1143 NE 7th Ave Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Freestanding office/warehouse with B‑3 zoning, suitable for heavy‑light industrial business use.; Vacant
