711 NW 1st St - Industrial FOR SALE


Fort Lauderdale, FL 33311- Dorse Riverbend
$2,999,999 USD
305-900-3067
711 NW 1st St, Fort Lauderdale, FL for Sale
$2,999,999 USD
Industrial - FOR SALE
1/13
null | Request Cap Rate

711 NW 1st St
Fort Lauderdale, FL 33311
Dorse Riverbend


HIGHLIGHTS

  • 12,500 SF Warehouse on 14,000 SF Lot with 5 dock-high doors, 3-phase power, and 11’4” ceilings
  • Prime Downtown Location just minutes from I-95, Brightline Station, Las Olas, FLL Airport, and Port Everglades
  • Zoning Flexibility & Redevelopment Upside – B-3 & RAC-WMU zoning allows future vertical development up to 30 stories, no density cap
  • Immediate Income Stream – $15,000/month gross rent on MTM lease with 100% occupancy
  • Incentive-Rich Overlays – Opportunity Zone, HUBZone, and NPF CRA provide tax benefits and forgivable loan programs

OVERVIEW

711–713 NW 1st Street presents a rare opportunity to acquire a centrally located industrial warehouse in the heart of Downtown Fort Lauderdale. Positioned just north of Broward Boulevard and minutes from I-95, Brightline Station, and Las Olas Boulevard, the property offers exceptional connectivity across South Florida. The 12,500 SF building sits on a 14,000 SF lot and features five dock-high loading doors, 3-phase power, and ceiling heights of over 11 feet. Zoned B-3 and RAC-WMU, the site allows for a wide range of commercial, industrial, and future mixed-use development possibilities—including vertical development up to 30 stories with no density cap. Currently 100% occupied on a month-to-month lease generating $15,000 per month, the asset provides immediate income while offering long-term redevelopment potential. Situated within a HUBZone, Opportunity Zone, and the North West Progresso Flagler Heights CRA overlay, this property also qualifies for substantial tax advantages and financial incentives. With surrounding developments such as Fat Village, The Arcadian, and The Adderley reshaping the neighborhood, this property stands out as both a stable investment today and a high-growth redevelopment play for the future.

FOR SALE DETAILS

PRICE

$2,999,999 USD

PRICE/SF

$240 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

3

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32

LAND SF

13,939

ZONING

B-3

APN/PARCEL ID

50-42-10-20-0110

ASK ABOUT THIS PROPERTY

Jonathan PapeikaColliersMore Info
305-900-3067

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Jonathan PapeikaColliersMore Info
305-900-3067

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