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711 NW 1st St 12,500 SF Industrial Building Fort Lauderdale, FL 33311 $2,999,999 ($240.00/SF)

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INVESTMENT HIGHLIGHTS

12,500 SF Warehouse on 14,000 SF Lot with 5 dock-high doors, 3-phase power, and 11’4” ceilings
Zoning Flexibility & Redevelopment Upside – B-3 & RAC-WMU zoning allows future vertical development up to 30 stories, no density cap
Incentive-Rich Overlays – Opportunity Zone, HUBZone, and NPF CRA provide tax benefits and forgivable loan programs

Prime Downtown Location just minutes from I-95, Brightline Station, Las Olas, FLL Airport, and Port Everglades
Immediate Income Stream – $15,000/month gross rent on MTM lease with 100% occupancy

EXECUTIVE SUMMARY

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.

Offering Memorandum

PROPERTY FACTS

Price	$2,999,999	Rentable Building Area	12,500 SF
Price Per SF	$240.00	No. Stories	1
Sale Type	Investment or Owner User	Year Built	1956
Property Type	Industrial	Tenancy	Single
Building Class	C	No. Drive In / Grade-Level Doors	3
Lot Size	0.32 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	B-3

Price	$2,999,999
Price Per SF	$240.00
Sale Type	Investment or Owner User
Property Type	Industrial
Building Class	C
Lot Size	0.32 AC
Rentable Building Area	12,500 SF
No. Stories	1
Year Built	1956
Tenancy	Single
No. Drive In / Grade-Level Doors	3
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	B-3

MAJOR TENANTS

Fabulous Restoration
Services
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Dieter first raced in the 1969 German Grand Prix and participated in 53, 24-Hour Races. He competed in a single Formula One race and finished ninth. On January 15, 2006, he won the 24 Hours race at the Dubai Autodrome on a BMW M3 together with Hans-Joachim Stuck, Philipp Peter and Toto Wolff. Stuck and Quester returned in the 24 Hours Nürburgring, but their BMW was destroyed in a crash at night that involved an oil spill and seven cars.