201-215 SW 21st St - Warehouse FOR SALE


Fort Lauderdale, FL 33315- Croissant Park
$3,395,000 USD
954-232-8494
201-215 SW 21st St, Fort Lauderdale, FL for Sale
$3,395,000 USD
Warehouse - FOR SALE
1/40
null | Request Cap Rate

NEW


201-215 SW 21st St
Fort Lauderdale, FL 33315
Croissant Park


HIGHLIGHTS

  • PRIME EAST FT. LAUDERDALE LOCATION WITH IMMEDIATE ACCESS TO PORT EVERGLADES, FT. LAUD INTERNATIONAL AIRPORT, INTERSTATE 595, I-95, & FL TURNPIKE
  • TREMENDOUS REVENUE GROWTH POTENTIAL WITH ALL CURRENT RENTS 100% BELOW SURROUNDING MARKET
  • ALL TENANTS ON MONTH-TO-MONTH BASIS & CAN BE VACATED IMMEDIATELY FOR OWNER USER
  • RELIABLE INCOME GENERATED FROM A DIVERSE RANGE OF INDUSTRIAL TENANTS-
  • BRAND NEW $400,000 +/- ROOF & DECKING ALONG WITH BRAND NEW PAVING & PAINTING
  • NEW HURRICANE DOORS AND WINDOWS HAVE BEEN ORDERED AND SOON TO BE INSTALLED

OVERVIEW

Bonvie Realty & Development , as exclusive agent for the Owner, is pleased to offer for sale 201-215 SW 21st Street (the “Property” or “Building”) in Ft. Lauderdale, Florida. This small bay industrial property totals +/- 12,000 square feet, sits on a 0.48-acre site, and is currently 85% leased. Located in one of the country’s densest and most desirable submarkets, the asset benefits from strong local demand and exceptional market positioning. Despite stabilized occupancy, the Offering presents compelling upside: current in-place rents are more than 100% below prevailing market levels in the submarket. Market rents remain meaningfully below the competitive set, allowing new ownership to increase rents while preserving the Property’s value-alternative positioning. Built in 1959 and fully renovated in 2025, with Brand New Roof & Decking. Located right off of St. Road-84, the property is centrally located with immediate access to Port Everglades, Ft. Lauderdale International Airport, I-595, I-95, & the Florida Turnpike. Property is just north off of State Road 84 between Andrew’s Ave and SW 4th Avenue off of SW 2nd Ave. Immediate access to Ft. Lauderdale International Airport, Port Everglades, I-595, I-95, & the FL. Turnpike. All easy approaches to the location.

FOR SALE DETAILS

PRICE

$3,395,000 USD

PRICE/SF

$281 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

UTILITIES

Lighting, Water, Sewer

CLEAR CEILING HT

13 Ft

DOCKS

-

DRIVE INS

16

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.5

LAND SF

21,780

ZONING

RM-15

APN/PARCEL ID

50-42-15-01-5580

ASK ABOUT THIS PROPERTY

Rick BonvieBonvie Realty & DevelopmentMore Info
954-232-8494

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Rick BonvieBonvie Realty & DevelopmentMore Info
954-232-8494

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.