Multi-Tenant Retail Strip Center

2510 NW 19th St Fort Lauderdale, FL 33311

Claim this Listing
New
For Sale
$599,900

SINGLE_FAMILY - Fort Lauderdale, FL

Type:Retail
Property size:
2,323 SF
Lot size:
0.16 Acres
Price / SF:
$258/SF
Added:
Jul 10, 2026
Days on Market:
1
Last Refresh:
Jul 10 at 2:06 pm

Property Features for 2510 NW 19th St

General Information

Property type
Residential
Property subtype
Retail
Parking
9
Standard status
Active
APN
494232120490
Lot size
0.16 Acres

Taxes and HOA fees

Tax Description
LAUDERDALE MANOR HOMESITES 34-21 B LOT 27 BLK 2
Tax Annual Amount
9125

Building Details

Year built
2002
Floors in Building
1
Number of units
4

Listing agent Patricio Sly License #3413323

Listing office Florida Capital Realty 8001 SW 24th St., MIAMI, FL

Listing date Jul 10, 2026

MLS# A12050162

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.


Investment Insights

Based on property information with market context.

This fully occupied, four-unit multi-tenant retail strip center is offered for sale as a stabilized income property. The building includes four leased retail units, and each unit has its own private bathroom and air conditioning system. Recent exterior updates include a freshly painted exterior, along with a newly sealed and striping parking lot, supporting lower near-term capital needs.

The property is located at 2510 NW 19th St in Fort Lauderdale, with convenient access to I-95. It is positioned on a busy NW 19th Street and includes nine on-site parking spaces, designed to support customer access.

The current in-place NOI is reported at $37,500, with a stated current in-place cap rate of 6.25%. The seller also projects a pro forma NOI of approximately $56,700, citing additional value through future lease renewals and rental adjustments. The property is located within a federally designated Opportunity Zone.

Key Highlights

  • Fully occupied 4‑unit multi‑tenant retail strip center built in 2002 in Fort Lauderdale
  • 2,323 SF commercial building with four leased retail units, each with a private bathroom and its own A/C system
  • Current in‑place NOI of $37,500 with a 6.25% current in‑place cap rate

Local Financial Insights For Retail

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 $64.1k $27.60
− Vacancy −$5.0k −$2.15
EGI $59.1k $25.45
− OpEx −$17.7k −$7.63
NOI $41.4k $17.81
2,323 SF · lease $27.60/SF/yr · vacancy 7.80% · expense 30.00%

Alternative Uses

Best Use
Retail
$591.1K
$517.3K – $689.7K (±1% cap)
NOI $41,380 @ 7.0% cap · market cap 6.90%
Second Best
no second resolved use
Theoretical Best
Office A
$1.56M
$1.37M – $1.82M (±1% cap)
NOI $109,274 @ 7.0% cap · market cap 18.22%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Gold Money Ink ... Tattoo & Piercing Shop Buzz Rock Smoke ... (Bike/Boat/Book/etc) Store studio Nail Salon Surtified Print shop (Bike/Boat/Book/etc) Store Dynamic Finance Services Financial Advisor

Suggested Use

Dental Office Real Estate Agency Law Firm Parking Lot & Garage Skin Care Clinic (Bike/Boat/Book/etc) Store Accounting Firm (Bike/Boat/Book/etc) Store Veterinary Clinic Computer & Electronic Repair

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

FAQs

What type of property is this?
Strip mall - Fully occupied four-unit retail strip center with nine on-site parking spaces and private restrooms in each unit.
Where is this strip mall located?
The property is located at 2510 NW 19th St Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Fully occupied 4‑unit multi‑tenant retail strip center built in 2002 in Fort Lauderdale; 2,323 SF commercial building with four leased retail units, each with a private bathroom and its own A/C system; Current in‑place NOI of $37,500 with a 6.25% current in‑place cap rate
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