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M-1 Zoned Warehouse Property

2110 SW 58th Ave, West Park, FL 33023

For Sale
$1,395,000
Pending

Commercial Sale, West Park, FL

Property Size2,800 SF
Lot Size0.39 Acres
Days on Market136

Property Features for 2110 SW 58th Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning description TOC
Parking 30
Security features Security System
Directions SW Corner of 58th Ave and 21st St, West Park
Subdivision 3080
Standard status Pending
APN 514124030670
Size 2,800 SF
Lot size 0.39 Acres

Additional Details

Real Estate Included Yes
Automotive Uses auto repair, towing
Property Use Industrial

Taxes and HOA fees

Tax Description WEST HOLLYWOOD HILLS 6-25 B LOT 43 TO 48 BLK 5
Tax Annual Amount 8413
Legal Description WEST HOLLYWOOD HILLS 6-25 B LOT 43 TO 48 BLK 5

Amenities

vehicle lift
above-ground fuel tank
paved lot with drainage
fenced and secured
loading doors

Building Details

Year built 1966
Floors in Building 1
Number of units 2
Flooring type Concrete
Building materials Block
Roof type Built-Up
Buildings 2
Listing Agency: Alterra Realty Group Inc
Listed By: Bram Scolnick · License FL #3035462
Added: Jun 30 Changed: Nov 10 Last Checked: Nov 12 at 5:06PM
MLS# A11953113

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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.

This warehouse property comprises two buildings with office and warehouse areas. The warehouse has concrete flooring, approximately 18-foot clear ceilings, two front loading doors, and a rear door. A vehicle lift is installed, and the site also includes an above-ground fuel tank.

The 0.3949-acre parcel is zoned M-1 and located in West Park’s Central Business District. It is 3 miles from an expressway and 5 miles from the beach.

The paved lot has drainage, fencing, security, and three exits. The M-1 designation supports automotive, industrial, and other commercial uses.

Key Highlights

  • 0.3949‑acre parcel with M‑1 zoning
  • Warehouse space has approximately 18' clear ceilings, concrete floors, two front loading doors, and a rear door
  • Two buildings include approximately 1,000 sq. ft. of office space and 1,800 sq. ft. of warehouse space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$45,678
Cap Rate
3.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$913,560 $913.6K
Cap Rate 7%
$652,543 $652.5K
Cap Rate 9%
$507,533 $507.5K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$56.4K $20.16/SF
− Vacancy
−$2.7K −$0.97/SF
EGI
$53.7K $19.19/SF
− OpEx
−$8.1K −$2.88/SF
NOI
$45.7K $16.31/SF
Area
Broward County, FL
Vacancy
4.80%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$913,560
Cap Rate 7%
$652,543
Cap Rate 9%
$507,533

Alternative Uses

Best Use
Warehouse
$652.5K
$571.0K – $761.3K (±1% cap)
NOI $45,678 @ 7.0% cap · market cap 3.27%
Second Best
Retail
$485.8K
$425.1K – $566.8K (±1% cap)
NOI $34,006 @ 7.0% cap · market cap 2.44%
Theoretical Best
Office A
$1.42M
$1.24M – $1.66M (±1% cap)
NOI $99,439 @ 7.0% cap · market cap 7.13%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Gym & Fitness Center Bakery Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

18 ft
Clear height
Yes
Fenced yard
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,954
Businesses Nearby
Well-served
Demand for This Use

Demographics for 33023, FL

66,749
Population
22,450
Households
3
Avg Household Size
38
Median Age
20%
College-Educated
84%
High-School Grad
8.8 sq mi
ZIP Area
7,585
Density / Sq Mi
$70,003
Median Household Income
$35,093
Median Earnings
$1,621
Median Rent
$344,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Warehouses in Broward County, FL

$237 Jul
$245 Aug
$257 Sep
$253 Oct

Properties on Market for Warehouses in Broward County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

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Frequently Asked Questions

What type of property is this?
Warehouse - Two buildings combine office area with warehouse space, vehicle-service equipment, and a secured paved yard.
Where is this warehouse located?
The property is located at 2110 SW 58th Ave West Park, FL.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: 0.3949‑acre parcel with M‑1 zoning; Warehouse space has approximately 18' clear ceilings, concrete floors, two front loading doors, and a rear door; Two buildings include approximately 1,000 sq. ft. of office space and 1,800 sq. ft. of warehouse space
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