For Sale
$3,300,000

1920 9Th StFort Lauderdale, FL 33311

High-Yield I-95 Warehouse, 8 Units

Overview

Added:
Dec 11, 2024
Days on market:
115
This 14,095 square foot warehouse in Fort Lauderdale offers a compelling value-add opportunity. Located on a 0.61-acre lot with direct I-95 frontage, the property boasts high visibility to over 300,000 vehicles daily. The building, constructed in 1958, features eight individual bays, each approximately 1,760 square feet, with most including a small office and bathroom. Currently operating with short-term, below-market leases, this multi-tenant property presents immediate potential for rental income increases. The property's central Broward County location provides easy access to major South Florida thoroughfares, including I-95 and I-595, making it attractive to both investors and owner-occupiers seeking to serve Broward, Palm Beach, and Miami-Dade counties. The asking price is $3,300,000, translating to $234.13 per square foot. The zoning is I - General Industrial, and the property is conveniently situated minutes from downtown Fort Lauderdale and 9 miles from Fort Lauderdale-Hollywood International Airport. Seller financing is available. This single-story building offers a 14-foot ceiling height.

Highlights

  • Prime Fort Lauderdale Location: Minutes from Downtown, 9 miles from Fort Lauderdale-Hollywood International Airport, and directly on I-95 with ±300,000 daily vehicle exposures.
  • Eight-Bay Multi-Tenant Building: Eight ±1,760 SF bays, each with a bathroom and (except one) a small office, offering diversified income streams.
  • Significant Rental Upside: Below-market, short-term month-to-month leases present immediate rental growth potential.
  • Owner-User Potential: Excellent location in Central Broward for businesses serving Broward, Palm Beach, and Miami-Dade counties, with easy I-95 & I-595 access.

Property Details for 1920 9Th St

Property type
Warehouses, Industrial properties
Square Feet
14,095 SF
Year Built
1958
Buildings
1
Stories
1
Lot Size (sq. ft)
26,572 SF
Units
8

Location Insight

City
Fort Lauderdale
County
Broward
State
Florida
Latitude
26.1342661
Longitude
-80.1685328
1920 9Th St, Fort Lauderdale, Florida

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1920 9Th St
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