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Gelfand Realty Miami Properties for Sale - Other Land for Sale

705 NW 8TH AVE, FORT LAUDERDALE, FL 33311

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Other Land - for Sale

705 NW 8TH AVE, FORT LAUDERDALE, FL 33311

Asking Price$4,500,000

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  • Days on market:

    14 day(s)
  • Original Price:

    $4,500,000
  • Tax Legal Description:

    PROGRESSO 2-18 D LOT 21 TO 24 BLK 277
  • Tax Year:

    2023
  • Property Type:

    Land
  • Waterfrontage (sqft):

    160
  • Lot Features:

    Central Business District Urban Area Development Corner Location Less Than 1 Acre Industrial Park

Description

$4,500,000

Opportunity to purchase two adjacent warehouses in fort lauderdale’s prime industrial pocket. the subject properties are located in the sistrunk district, a well-positioned area in the burgeoning progresso neighborhood minutes from las olas, downtown fort lauderdale, and flagler village. this industrial pocket central to the city of fort lauderdale experiences a high demand from renters and investors. as of q1 2024, fort lauderdale’s industrial rent growth outpaced all other major southeastern industrial markets over a 3-year span, with an 87% increase. 705 nw 8th ave is a 9,500 sf warehouse on a 13,500 sf lot. 709 nw 8th ave is a 5,000 sf warehouse on a 8,531 sf lot.

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