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    Multi-Bay Industrial Warehouse Title is generated by Realmo AI

    705 NW 8th Avenue, Fort Lauderdale, FL 33311

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    For Sale
    $2,599,000

    COMMERCIAL - Fort Lauderdale, FL

    Property size:
    9,500 SF
    Lot size:
    0.31 Acres
    Price / SF:
    $273/SF
    Added:
    Mar 14, 2026
    Days on Market:
    93
    Last Refresh:
    Jun 14 at 4:06 pm

    Property Features for 705 NW 8th Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    I
    Parking
    15
    Parking features
    Assigned, On Street
    Standard status
    Active
    APN
    494234068330
    Size
    9,500 SF
    Lot size
    0.31 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    PROGRESSO 2-18 D LOT 21 TO 24 BLK 277
    Tax Annual Amount
    34023

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Window Unit(s), Wall/Window Unit(s), Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    1956
    Floors in Building
    1
    Flooring type
    Concrete
    Building materials
    Concrete Block - With Stucco
    Roof type
    Concrete, Rolled Hot Mop

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    Listing Contact
    Tal A Levinson

    Listing agent Tal A Levinson License #3316611

    Listing office United Realty Group Inc 1200 S Pine Island Rd Ste 600, Plantation, FL

    Listing date Mar 14, 2026

    MLS# B26001982

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

    HighLights

    • 9,500 SF warehouse on a 13,500 SF lot, configured into five separate bays
    • Three bays currently occupied by tenants; remaining units are vacant and ready for immediate occupancy
    • Roof replaced in 2023, providing recent capital improvements
    • Public utilities: served by public water and public sewer
    • Concrete block with stucco construction; concrete flooring
    • Cooling includes window/wall unit(s) and ceiling fan(s; parking includes assigned spaces and on‑street

    Overview

    This industrial warehouse is configured into five separate bays within a 9,500-square-foot building on a 13,500-square-foot lot. Three of the bays are currently occupied by tenants, while the remaining units are vacant and available for immediate occupancy. The property includes a warehouse configuration suited for flexible industrial use within a multi-unit layout.

    The asset is located in Fort Lauderdale, Florida, under zoning designated as I. It is positioned at 705 NW 8th Avenue, Fort Lauderdale, FL 33311, with a lot sized at approximately 0.31 acres.

    For tenants, the existing bay layout can support companies seeking individual space within a shared industrial building. For owner-users or investors, the mix of tenant-occupied bays and vacant units provides options for either occupying one or more bays or stabilizing additional spaces, with the roof replacement completed in 2023 as a noted capital improvement.

    Local 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 $193.8k $20.40
    − Vacancy −$8.1k −$0.86
    EGI $185.7k $19.54
    − OpEx −$27.8k −$2.93
    NOI $157.8k $16.61
    9,500 SF · lease $20.40/SF/yr · vacancy 4.20% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $2.25M
    $1.97M – $2.63M (±1% cap)
    NOI $157,811 @ 7.0% cap · market cap 6.07%
    Second Best
    Industrial
    $1.96M
    $1.71M – $2.29M (±1% cap)
    NOI $137,176 @ 7.0% cap · market cap 5.28%
    Theoretical Best
    Office A
    $6.38M
    $5.59M – $7.45M (±1% cap)
    NOI $446,880 @ 7.0% cap · market cap 17.19%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Similar Places Nearby

    • Devon Self Storage Facility — 1416 NE 4th Ave, Fort Lauderdale, FL 33304
    • Storage Post — 1900 NW 19th St, Fort Lauderdale, FL 33311
    • Bellhop Moving — 333 Las Olas Way #112, Fort Lauderdale, FL 33301
    • FLAdventure Marine Services LLC
    • Extra Space Storage — 1900 NW 19th St, Fort Lauderdale, FL 33311

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.152814
    Latitude
    26.13153

    FAQs

    What type of property is this?
    Warehouse - Warehouse offers five separate bays, with vacant units ready for immediate occupancy alongside tenant-occupied space.
    Where is this warehouse located?
    The property is located at 705 NW 8th Avenue Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $2,599,000.
    What are key features of this property?
    This property features: 9,500 SF warehouse on a 13,500 SF lot, configured into five separate bays; Three bays currently occupied by tenants; remaining units are vacant and ready for immediate occupancy; Roof replaced in 2023, providing recent capital improvements
    More about this property
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