Mixed-Use Building with Fenced
New
For Sale
$1,800,000
727 N Andrews Ave, Fort Lauderdale, FL 33311
The property combines industrial and flex space with two second-floor residential units and a street-facing showroom.
Property Size6,050 SF
Lot Size0.34 Acres
Price / SF$297.52
Days on Market2
Property Features for 727 N Andrews Ave
General Information
Standard status
Active
Size
6,050 SF
Lot size
0.34 Acres
Property subtype
Industrial/Flex Mixed-Use
Site & Location
Neighborhood
Fhca
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Mixed-Use Components
industrial/flex, residential
Warehouse & Industrial
Warehouse Space
1,536 SF
Drive-In Doors
2
Additional Details
Property Use
Industrial/Flex
Amenities
two oversized grade-level overhead loading doors
secured fenced yard
covered awning
Building Details
Building Size
6,050 SF
Buildings
1
Stories
2
Listing Agency:
Lee & Associates | Broward/Palm Beach
Listed By:
Greg Milopoulos · License #FL #BK3121415
(954) 558-1220
Source:
Lee-associates
Added: Oct 30
Last Checked: Oct 30 at 2:34PM
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 Lee & Associates | Broward/Palm Beach
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Investment Insights
Based on property information with market context.
At 727 N Andrews Ave, this mixed-use property includes 4,600 SF of industrial/flex space and a second-floor apartment area of 1,228 SF divided into two residential units. The ground-floor configuration includes a 2,665 SF showroom and warehouse, a 1,536 SF rear warehouse, and 400 SF of storage garage. Two grade-level overhead doors, a covered awning, and a secured fenced yard are also part of the property. Delivery is vacant at closing.
The showroom faces N Andrews Avenue. The property offers access to I-95, US-1, and Downtown Fort Lauderdale.
The showroom faces N Andrews Avenue. The property offers access to I-95, US-1, and Downtown Fort Lauderdale.
Key Highlights
- 4,600 SF of industrial/flex space
- Second‑floor residential area of 1,228 SF with two units
- 2,665 SF showroom and warehouse, plus a 1,536 SF rear warehouse
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$107,769
Cap Rate
5.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,155,380
$2.2M
Cap Rate 7%
$1,539,557
$1.5M
Cap Rate 9%
$1,197,433
$1.2M
Market Conditions
NOI Build-Up for 6,050 SF
Gross rent
$167.0K $27.60/SF
− Vacancy
−$13.0K −$2.15/SF
EGI
$154.0K $25.45/SF
− OpEx
−$46.2K −$7.63/SF
NOI
$107.8K $17.81/SF
Area
Fort Lauderdale, FL
Vacancy
7.80%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,155,380
Cap Rate 7%
$1,539,557
Cap Rate 9%
$1,197,433
Alternative Uses
Best Use
Retail
$1.54M
$1.35M – $1.80M
NOI $107,769 @ 7.0% cap · market cap 5.99%
Second Best
Warehouse
$1.44M
$1.26M – $1.68M
NOI $100,501 @ 7.0% cap · market cap 5.58%
Theoretical Best
Office A
$4.07M
$3.56M – $4.74M
NOI $284,592 @ 7.0% cap · market cap 15.81%
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
Lease Details
2
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,486
Businesses Nearby
Explore this area
Business Placement
Demographics for 33311, FL
69,413
Population
27,330
Households
2.5
Avg Household Size
37
Median Age
18%
College-Educated
81%
High-School Grad
10.4 sq mi
ZIP Area
6,674
Density / Sq Mi
$51,918
Median Household Income
$32,717
Median Earnings
$1,385
Median Rent
$276,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines industrial and flex space with two second-floor residential units and a street-facing showroom.
Where is this mixed-use property located?
The property is located at 727 N Andrews Ave Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 4,600 SF of industrial/flex space; Second‑floor residential area of 1,228 SF with two units; 2,665 SF showroom and warehouse, plus a 1,536 SF rear warehouse
