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Property profile & analytics
FOR LEASE
Warehouses

4650 SW 51St St Davie, FL 33314

31,200 SF 2.33 ac lot Built 1995
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US18-3528485
Property summary
AI-generated overview

This single-tenant office space is located at 4650 SW 51st Street in Davie, Florida. The property is part of the Pelican Bays complex, an eight-building warehouse and office complex totaling 199,257 square feet. Pelican Bays enjoys a strategic location, just 1.5 miles from I-595 and less than a mile from the Florida Turnpike, offering excellent access to major transportation arteries. Its proximity to the Hard Rock Guitar Hotel and the 44-acre Manheim Fort Lauderdale Auto Auction further enhances its appeal. The complex is home to over 120 businesses serving Miami-Dade, Broward, and Palm Beach counties, creating a vibrant and established business community. The zoning for this property is M-2. The property's APN is 504136150212. While specific square footage isn't provided for this particular office, the smallest office spaces within the Pelican Bays complex are 460 square feet. This location is ideal for businesses needing convenient access to major roadways and a thriving business environment. The property is perfect for distribution, wholesale providers, and businesses related to the automotive industry. This single-tenant occupancy offers a unique opportunity for a business seeking a well-located and established office space within a larger, successful complex.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1995
Construction CONCRETE
Total area 31,200 SF
Lot 2.33 ac (101,703 SF)
Zoning code M-2
APN 50-41-36-15-0110
UPID US18-3528485
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Pelican Bays Ground Lessor LLC · 3 yrs held
Pelican Bays Ground Lessor LLC
since 2022
Last sale
$50.0M
5 recorded transactions
2022
Price N/A
2022
Price N/A
2022
$50.0M
2017
Price N/A
1969
Price N/A
Zoning & alternative use
M-2 · Davie, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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