Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2100 21st Ave Fort Lauderdale, FL 33311-3428
    Back to Search
    Property profile & analytics

    2100 21st Ave, Fort Lauderdale, FL 33311-3428

    View on Map
    • Industrial properties
    • 9,212 SF
    • 4.29 lot acres
    Off-Market
    Property ID
    US18-0294213
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $2,720,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Advanced Air Systems / Hardware & Home Improvement / HVAC Service

    Property Details for 2100 21st Ave

    Year built
    1979
    Construction
    CONCRETE
    Lot size
    4.29 lot acres
    Zone code
    M-3
    Property type
    Industrial properties
    Property subtype
    Industrial live-work properties
    APN
    49-42-29-03-0611
    APU
    494229030611

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 14, 2016 — 2100 Nw 21st Avenue LLC — Deed · related $1.5M · Branch Bk&tr
    Jul 20, 2006 $2,700,000 2100 Nw 21st Avenue LLC 21st Avenue LLC Special Warranty Deed $2.8M · Fidelity Federal Bank & Trust
    Jul 8, 2005 $1,491,500 21st Avenue LLC Finkelstein Realty INC Warranty Deed $1.3M · Wachovia Bank NA
    Jan 26, 2000 $595,000 Finkelstein Realty INC American Towers INC Grant Deed $986k · Heller First Capital
    — — 2100 Nw 21st Avenue LLC — Deed Of Trust · related $1.5M · Branch Bk&tr

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,355,000
      6.5%
      $2,175,000
      7%
      $2,020,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,028,000
      Market price range: $1.29M - $3.03M
      AI Estimate
      $2,957,000
      Market price range: $903k - $2.96M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $2,465,000
      Current use
      INDUSTRIAL (GENERAL)
      $4,330,000
      Change: +76% Conversion: Moderate
      MEDICAL BUILDING
      $4,295,000
      Change: +74% Conversion: Easy
      RETAIL STORES
      $2,315,000
      Change: -6% Conversion: Easy
      OFFICE BUILDING
      $2,295,000
      Change: -7% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1695
    Latitude
    26.1544
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $70,039
    $1,496,180
    $1,479,880
    $2,976,060
    -
    $1,496,180
    $1,479,880
    $2,976,060

    Comparable in this City

    • Value Estimation
      $1,575,000
      5,338 SF

      844 9th Ave

      MIXED USE (COMMERCIAL/INDUSTRIAL)
      844 9th Ave, Fort Lauderdale, FL 33311-7210
      View Details
    • Value Estimation
      $520,000
      2,099 SF

      1008 Oakland Park Blvd

      MIXED USE (COMMERCIAL/INDUSTRIAL)
      1008 Oakland Park Blvd, Wilton Manors, FL 33311-1604
      View Details
    • Value Estimation
      $10,870,000
      36,804 SF

      3291 Sunrise Blvd

      MIXED USE (COMMERCIAL/INDUSTRIAL)
      3291 Sunrise Blvd, Lauderhill, FL 33311-5603
      View Details
    • Value Estimation
      $1,305,000
      4,419 SF

      3581 Sunrise Blvd

      MIXED USE (COMMERCIAL/INDUSTRIAL)
      3581 Sunrise Blvd, Lauderhill, FL 33311-6401
      View Details
    • Value Estimation
      $520,000
      1,932 SF

      2303 Andrews Ave

      MIXED USE (COMMERCIAL/INDUSTRIAL)
      2303 Andrews Ave, Wilton Manors, FL 33311-3924
      View Details
    • Value Estimation
      $1,365,000
      2,800 SF

      844 10th Ter

      MIXED USE (COMMERCIAL/INDUSTRIAL)
      844 10th Ter, Fort Lauderdale, FL 33311-7118
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      60,715 SF

      Industrial Facility on 3.26 Acres

      60,715 SF industrial facility on 3.26 acres for sale.
      901 Northwest 31St Ave, Fort Lauderdale, FL 33311
      View Details
    • Contact for pricing
      2,504 SF

      Downtown Commercial Building For Sale

      Two-story commercial building on a 7,000 SF lot.
      1021 NW 1St St, Fort Lauderdale, FL 33311
      View Details
    • $975,000
      2,504 SF

      Fort Lauderdale Commercial Building For Sale

      Two-story commercial building in downtown Fort Lauderdale, great location.
      1021 NW 1St St, Fort Lauderdale, FL 33311
      View Details
    • $500,000
      0.12 Acres

      Fort Lauderdale Multifamily Development Opportunity

      Two adjacent lots totaling 15,012 SF for mixed-use development.
      Fort Lauderdale, FL 33311
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,023 SF

      Industrial Space Available For Rent

      1,023 square feet industrial space available for lease.
      2301 NW 30Th St, Oakland Park, FL 33311
      View Details
    • Contact for pricing
      2,200 SF

      New Mixed-Use Development Retail Space

      New retail space in downtown Fort Lauderdale's Avenue of the Arts.
      501 NW 7Th St, Fort Lauderdale, FL 33311
      View Details
    • $5 SF/Yr

      Fenced Yard with Warehouse Building

      0.62 acre fenced yard with 4,830 SF warehouse.
      618 NW 6Th Ave, Fort Lauderdale, FL 33311
      View Details
    • Contact for pricing
      7,013 SF

      Fort Lauderdale Warehouse Space Available

      Industrial warehouse space for lease in Fort Lauderdale, Florida.
      635-695 NW 4Th Ave, Fort Lauderdale, FL 33311
      View Details
    • Contact for pricing
      1,821 SF

      Lauderdale Lakes Industrial Flex Space

      Industrial park with flexible spaces and excellent highway access.
      2670-2736 NW 29Th Ter, Lauderdale Lakes, FL 33311
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2100 21st Ave
    Fort Lauderdale, FL 33311-3428
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2100 21st Ave, Fort Lauderdale, FL, 33311
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!