Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5300 12th Ave Ste, Unit 1 Fort Lauderdale, FL 33309-3164
    Back to Search
    Property profile & analytics

    5300 12th Ave Ste, Unit 1, Fort Lauderdale, FL 33309-3164

    View on Map
    • Distribution centers
    • 3,600 SF
    • 0.08 lot acres
    Off-Market
    Last Sale Jan 8, 2026
    $975,000
    Property ID
    US18-8675902
    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
    $1,000,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Distribution centers

    Property Details for 5300 12th Ave Ste

    Year built
    1985
    Construction
    CONCRETE
    Lot size
    0.08 lot acres
    Zone code
    I
    Property type
    Distribution centers
    APN
    49-42-16-AA-0010
    APU
    494216AA0010

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 8, 2026 $975,000 Nj Investment Holdings LLC George Kostakis Warranty Deed —
    Nov 27, 2017 $355,000 George Kostakis Lake Success Rentals LLC Warranty Deed —
    Dec 10, 2012 — Lake Success Rentals LLC Indymac Commercial Properties Quit Claim Deed · related —
    May 20, 2011 — Indymac Commercial Properties Indymac Properties LLC Quit Claim Deed —
    Jan 12, 2011 $255,000 Indymac Properties LLC Sgbk Properties LLC Warranty Deed —
    Aug 27, 2010 $374,500 Sgbk Properties INC Danan Group INC Warranty Deed —
    Jul 5, 2007 — Danan Group INC — Trustees Deed · related $90k · Stonegate Bank
    Jan 19, 2007 $388,000 Danan Group INC Executive Property Group INC Warranty Deed $310k · Stonegate Bank
    Sep 9, 2002 $289,000 Executive Property Group INC Kaiser,tr Grant Deed $58k · Kaiser Trust
    — — Danan Group INC — Deed Of Trust · related $74k · Stonegate Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $995,000
      6.5%
      $920,000
      7%
      $855,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,137,000
      Market price range: $662k - $2.01M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,150,000
      Current use
      RETAIL STORES
      $1,365,000
      Change: +19% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1592
    Latitude
    26.1928
    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
    $10,282
    $50,220
    $452,010
    $502,230
    -
    $50,220
    $452,010
    $502,230

    Comparable in this City

    • Value Estimation by Request
      63,274 SF

      3350 53Rd St

      Distribution properties
      3350 53Rd St, Fort Lauderdale, FL 33309
      View Details
    • Value Estimation by Request
      43,006 SF

      1052-1090 53Rd St

      Distribution properties
      1052-1090 53Rd St, Fort Lauderdale, FL 33309
      View Details
    • Value Estimation
      $29,940,000
      149,262 SF

      6499 12th Ave

      DISTRIBUTION WAREHOUSE
      6499 12th Ave, Fort Lauderdale, FL 33309-1106
      View Details
    • Value Estimation by Request
      698 SF

      5300 Powerline Rd, Unit 14

      DISTRIBUTION WAREHOUSE
      5300 Powerline Rd, Fort Lauderdale, FL 33309-3172
      View Details
    • Value Estimation by Request
      548 SF

      5300 Powerline Rd, Unit 19

      DISTRIBUTION WAREHOUSE
      5300 Powerline Rd, Fort Lauderdale, FL 33309-3172
      View Details
    • Value Estimation by Request
      498 SF

      5300 Powerline Rd, Unit 22

      DISTRIBUTION WAREHOUSE
      5300 Powerline Rd, Fort Lauderdale, FL 33309-3172
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Office/Flex/Warehouse Property For Sale

      Multi-building project with flexible floor plans and ample parking.
      3350 NW 53Rd St, Fort Lauderdale, FL 33309
      View Details
    • Contact for pricing

      Renovated Pompano Beach Industrial Property

      82,584 SF Pompano Beach property with significant 2015 renovations.
      1100 W Mcnab Rd, Fort Lauderdale, FL 33309
      View Details
    • New
      $1,000,000

      Turnkey HVAC Service Warehouse

      Turnkey operation with secured equipment, multiple trucks, and parking, positioned for strong street exposure and day-to-day readiness.
      5101 NW 10Th Ter, Fort Lauderdale, FL 33309
      View Details
    • Contact for pricing

      Spacious Flex Space with Warehouse

      1766 SF flex space with office and warehouse components.
      5420 NW 33Rd Ave, Fort Lauderdale, FL 33309
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Fort Lauderdale Flex Space Available

      Air-conditioned flex spaces available for distribution, manufacturing, or showroom.
      700 NW 57Th Pl, Fort Lauderdale, FL 33309
      View Details
    • $14 SF/Yr

      Renovated Warehouse/Production Space Available

      Renovated warehouse/production space with easy access to major highways.
      Fort Ter, Fort Lauderdale, FL 33309
      View Details
    • Contact for pricing

      Industrial Warehouse For Rent

      Large divisible warehouse suitable for showroom, distribution, and fulfillment centers.
      800 NW 65Th St, Fort Lauderdale, FL 33309
      View Details
    • Contact for pricing
      9,560 SF

      Industrial Warehouse Space in Ft. Lauderdale

      Prime industrial, warehouse, and distribution space in Ft. Lauderdale, FL.
      4710 Nw 15Th Ave, Fort Lauderdale, FL 33309
      View Details
    • Contact for pricing
      41,179 SF

      Fort Lauderdale Warehouse/Production Space

      Recently renovated warehouse/production space in Fort Lauderdale's Gateway Industrial Park.
      6682 Northwest 16Th Ter, Fort Lauderdale, FL 33309
      View Details
    • Contact for pricing
      47,740 SF

      Fort Lauderdale Warehouse with Dock

      15,080 SF warehouse with dock and loading positions.
      4700 Northwest 15Th Ave, Fort Lauderdale, FL 33309
      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.
    5300 12th Ave Ste, Unit 1
    Fort Lauderdale, FL 33309-3164
    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
    5300 12th Ave Ste, Fort Lauderdale, FL, 33309
    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!