921 8Th Ave Fort Lauderdale, FL 33311
- Warehouses
- 7,888 SF
- 0.31 lot acres
Current Use by Public Records
- J&L Plumbing CO / Plumber
- Beach & Patio Furniture / Furniture Repair Shop / Outdoor Furniture Store
Property Details for 921 8Th Ave
- Year built
- 1979
- Construction
- CONCRETE
- Lot size
- 0.31 lot acres
- Property size
- 7,888 SF
- Zone code
- B-3
- Property type
- Warehouses
- APN
- 49-42-34-05-3570
- APU
- 494234053570
Description
This exceptional 8,976-square-foot warehouse in Fort Lauderdale, Florida, presents a compelling investment opportunity. Located at 921 NW 8th Avenue, this property boasts a prime location in east Broward County, offering convenient access to major transportation arteries. It's just 1.3 miles from I-95, 1.7 miles from Downtown Fort Lauderdale, 6.6 miles from Fort Lauderdale/Hollywood International Airport, and 7.5 miles from Fort Lauderdale Executive Airport. The building has undergone a complete renovation, featuring a new TPO roof, updated air conditioning system, durable epoxy flooring, and newly installed overhead doors. The property also includes a newly paved asphalt parking lot, secure fencing, and an electric gate, enhancing security and functionality. The interior layout comprises approximately 800 square feet of office space, 6,000 square feet of warehouse space, and a substantial 2,176-square-foot mezzanine area. The building's construction features poured concrete walls and a concrete twin "T" roof system, ensuring durability and longevity. Its versatile design makes it suitable for a variety of uses, including manufacturing, flex warehouse operations, showroom display, or even a unique man cave. The asking price for this meticulously renovated warehouse is $4,500,000. This property offers a rare combination of location, functionality, and modern amenities, making it an ideal investment for discerning buyers.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,035,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,445,000
- 6.5%
- $1,390,000
- 7%
- $1,445,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,420,000
- Geo Method
- $1,500,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,305,000
- Retail
- $1,430,000
- Mixed-Use
- $1,815,000
- Hospitality
- $1,635,000
- Educational
- $1,395,000
- Residential Income
- $1,480,000
- Energy
- $1,390,000
- Income-Based Land
- $1,430,000
- Food Service
- $1,665,000
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.1531
- Latitude
- 26.1356
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
