2510 Nw 19Th St | Image 1
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$599,900

For Sale

11 hours ago

AD - 2510 Nw 19Th St, Fort Lauderdale, FL

House

MLS® A12050162

0 Bed

0 Bath

--

9 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage 
Taxes $9,125
Days Active 0
Lot Size 0.16 Acres
Approx. Age 2002
MLS® Number A12050162

Property Address: ad-2510 Nw 19th Street, Fort Lauderdale, FL, 33311

Average square foot calculated using Size range provided by listing agent.

Description

EXCELLENT OPPORTUNITY TO ACQUIRE A FULLY OCCUPIED 4-UNIT MULTI-TENANT RETAIL STRIP CENTER IN FORT LAUDERDALE FEATURING FOUR ESTABLISHED TENANTS AND IMMEDIATE CASH FLOW. THIS WELL-MAINTAINED 2, 323 SF COMMERCIAL BUILDING OFFERS A 6.25% CURRENT IN-PLACE CAP RATE WITH SIGNIFICANT UPSIDE THROUGH FUTURE LEASE RENEWALS AND RENTAL ADJUSTMENTS TOWARD MARKET RATES. THE CURRENT IN-PLACE NOI IS $37, 500, WITH A PROJECTED PRO FORMA NOI OF APPROXIMATELY $56, 700, CREATING SUBSTANTIAL VALUE-ADD POTENTIAL. LOCATED WITHIN A FEDERALLY DESIGNATED OPPORTUNITY ZONE.IDEALLY LOCATED ON BUSY NW 19TH STREET WITH CONVENIENT ACCESS TO I-95, THE PROPERTY BENEFITS FROM EXCELLENT VISIBILITY, STRONG TRAFFIC EXPOSURE, AND EASY ACCESSIBILITY FOR BOTH CUSTOMERS AND TENANTS. RECENT IMPROVEMENTS INCLUDE A FRESHLY PAINTED EXTERIOR AND A NEWLY SEALED AND STRIPED PARKING LOT, HELPING MINIMIZE NEAR-TERM CAPITAL EXPENDITURES.PROPERTY FEATURES FOUR LEASED RETAIL UNITS, EACH WITH ITS OWN PRIVATE BATHROOM AND AIR CONDITIONING SYSTEM, PROVIDING TENANTS WITH INDIVIDUAL CONTROL AND OPERATIONAL FLEXIBILITY. THE PROPERTY ALSO INCLUDES NINE ON-SITE PARKING SPACES, STABLE RENTAL INCOME, AND AN ATTRACTIVE VALUE-ADD OPPORTUNITY FOR INVESTORS SEEKING BOTH IMMEDIATE CASH FLOW AND LONG-TERM APPRECIATION. CURRENT INCOME PROVIDES SOLID RETURNS, WHILE BELOW-MARKET RENTS OFFER THE POTENTIAL TO INCREASE FUTURE NOI.PRIVATE AND INTERNATIONAL INVESTORS SEEKING AN INCOME-PRODUCING COMMERCIAL ASSET IN FORT LAUDERDALE MARKET
MLS® NumberA12050162
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2002
Basement
DrivewayCommon, Free Parking
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 10, 2026List Date
$599,900List Price
  • Commute

Commute

Starting Address
Destination Address
2510 Nw 19Th St, Fort Lauderdale, FL

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