5300 12Th AveFort Lauderdale, FL 33309

  • Distribution centers
  • 1,840 SF
For Sale
$1,200,000 View listing

Property Details for 5300 12Th Ave

Year built
1985
Construction
CONCRETE
Lot size
0.05 AC
Property size (Sq ft)
1,840 SF
Zone code
I
Property type
Distribution centers
APN
49-42-16-AA-0040
APU
494216AA0040

Description

This exceptional 4,860-square-foot warehouse condominium unit is situated in Fort Lauderdale, Florida, at 5300 NW 12th Ave, Unit 5-11, in Broward County, zip code 33309. Built in 1985, this single-unit property offers a gross lease and is priced at $1,200,000. The warehouse boasts 20-foot ceilings, providing ample vertical space for storage or equipment. Convenient features include five 10x10 roll-up doors for efficient loading and unloading, two bathrooms, and abundant front and rear parking. The property also includes approximately 225 square feet of air-conditioned office space. Its strategic location near Fort Lauderdale Executive Airport and DRV PNK Stadium provides easy access to I-95 and the Florida Turnpike, making it ideal for businesses requiring central connectivity. Automotive use is permitted. This property is perfect for warehousing, light manufacturing, or service businesses. The low monthly condo fee of $225 contributes to low overhead costs. An adjacent unit (Unit 10) is available for purchase, offering an additional 1,860 square feet of contiguous warehouse space, totaling 6,720 square feet if combined. This presents a rare opportunity to acquire a substantial warehouse space in a highly desirable Fort Lauderdale location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $626,148
    Hospitality
    $573,548
    Educational
    $477,186
    Medical
    $493,597
    Retail
    $742,289

Location Insight

City
Fort Lauderdale
County
Broward
State
Florida
Latitude
26.1928
Longitude
-80.159
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
$5,084
$25,670
$231,030
$256,700
-
$25,670
$231,030
$256,700

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