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Bean Group
Offered at $5,200,000Active
beds
—
baths
0
sq ft
—
Built
1977

1601 NW 38th Avenue

Lauderhill, FL 33311

About this home

Freestanding 24,850 SqFt Industrial building .The property is situated on a total of 1.6 Acre with immediate income as the property is 100% leased with diverse tenants (9 bays ) long term tenants some over 10 years .opportunity for a new owner to raise rents to market value (currently rents are below market value) making this investment prime for increased ROI . Building clear ceiling 14' .The property, value-add, industrial flex warehouse located in Lauderhill "industrial park " , on a strategic corner across from UPS ,this property is in an outstanding location for industrial uses and can be a strategic asset to own. Freestanding 24,850 SqFt Industrial building .The property is situated on a total of 1.6 Acre with immediate income as the property is 100% leased with diverse tenants (9 bays ) long term tenants some over 10 years .opportunity for a new owner to raise rents to market value (currently rents are below market value) making this investment prime for increased ROI . Building clear ceiling 14' .The property, value-add, industrial flex warehouse located in Lauderhill "industrial park " , on a strategic corner across from UPS ,this property is in an outstanding location for industrial uses and can be a strategic asset to own.

Listing last checked: Listing updated:

Listed by Gamila Y Cohen · Cohen Realty Group · MLS #F10364573

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Details at a glance

Interior2 property facts
Heating
Central
Cooling
Central Air
Building2 property facts
Style
Industrial
Year built
1977
Land & utilities4 property facts
Lot size
1.6 acres
Water
Public
Sewer
Public Sewer
Zoning
CW
Financial2 property facts
Annual taxes
$48,648
Assessment year
2021

Location

Estimated monthly cost

Explore costs at the $5,200,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$30,348 / monthAdjust
Principal & interest
$26,294
Property tax
$4,054
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $48,648. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Price and status timeline

  1. New

    $2,000 · Aug 10, 2026

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About 1601 NW 38th Avenue

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