Warehouse Condominium with Roll-Up Doors

5300 NW 12th Avenue # 11 #5-11, Fort Lauderdale, FL 33309

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For Sale

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4,860 SF warehouse unit features 20-foot ceilings, multiple 10x10 roll-up doors, and office space for light manufacturing or services.

Type:Industrial

Property size:

4,860 SF

Price / SF:

$246/SF

HighLights

4,860 SF warehouse condominium unit (Year Built 1985) with 20‑foot ceilings
Includes 5 roll‑up 10x10 doors plus 10% office space for a combined warehouse/light service setup
Contains 2 bathrooms and ample front and rear parking
AUTO use allowed in Fort Lauderdale; quick access to I‑95 and Florida’s Turnpike
Additional 1,860 SF contiguous unit 10 available for up to 6,720 SF of contiguous warehouse space

We can help!

Contact an agent

Richard Sarta

Learn more

For Sale

Contact for pricing

4,860 SF warehouse unit features 20-foot ceilings, multiple 10x10 roll-up doors, and office space for light manufacturing or services.

Type:Industrial

Property size:

4,860 SF

Price / SF:

$246/SF

Added:: Oct 27, 2024
Days on Market:: 615
Last Refresh:: Jun 20 at 2:03 am

Property Features for 5300 NW 12th Avenue # 11 #5-11

General Information

Standard status: Active
Size: 4,860 SF
Property subtype: Industrial

Building Details

Year Built: 1985

We can help!

Contact an agent

Richard Sarta

Listing office Comwire Realty Inc

Listing date Oct 27, 2024

Source Crexi

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 Comwire Realty Inc

HighLights

4,860 SF warehouse condominium unit (Year Built 1985) with 20‑foot ceilings
Includes 5 roll‑up 10x10 doors plus 10% office space for a combined warehouse/light service setup
Contains 2 bathrooms and ample front and rear parking
AUTO use allowed in Fort Lauderdale; quick access to I‑95 and Florida’s Turnpike
Additional 1,860 SF contiguous unit 10 available for up to 6,720 SF of contiguous warehouse space

Overview

This warehouse condominium property includes combined 4,860 SF across units, with 20-foot ceilings and approximately 10% office space. The space is served by five 10x10 roll-up doors and includes two bathrooms. Parking is available in both the front and rear, supporting day-to-day operations and customer or staff access.

The property is described as being in a prime Fort Lauderdale area near DRV PNK Stadium and Fort Lauderdale Executive Airport, with quick access to I-95 and Florida’s Turnpike. Auto use is allowed in Fort Lauderdale, which may support a wider range of service-oriented tenants.

For tenants or buyers looking for a flexible warehouse setup, the configuration is positioned for warehousing, light manufacturing, or service businesses. An additional 1,860 SF contiguous unit (unit 10) is available, which can provide up to 6,720 SF of contiguous warehouse space when combined with the current offering. The combination of roll-up access, ceiling height, and on-site parking is designed to support practical operations and efficient loading needs.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up

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 (±1% cap)

NOI $80,733 @ 7.0% cap · market cap 6.73%

Second Best

Flex RnD

$1.07M

$937.4K – $1.25M (±1% cap)

NOI $74,990 @ 7.0% cap · market cap 6.25%

Theoretical Best

Office A

$3.27M

$2.86M – $3.81M (±1% cap)

NOI $228,614 @ 7.0% cap · market cap 19.05%

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

Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

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Location Insight

Map
Local Demand

City: Fort Lauderdale
County: Broward
State: Florida
Longitude: -80.2209324
Latitude: 26.1383317

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For sale
Warehouses
FL
Fort Lauderdale
33309
5300 NW 12th Avenue # 11 #5-11

What type of property is this?

Warehouse - 4,860 SF warehouse unit features 20-foot ceilings, multiple 10x10 roll-up doors, and office space for light manufacturing or services.

Where is this warehouse located?

The property is located at 5300 NW 12th Avenue # 11 #5-11 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: 4,860 SF warehouse condominium unit (Year Built 1985) with 20‑foot ceilings; Includes 5 roll‑up 10x10 doors plus 10% office space for a combined warehouse/light service setup; Contains 2 bathrooms and ample front and rear parking