Located at 1927 SW 1st Avenue, just south of Downtown Fort Lauderdale, the property sits on 0.6 acres and is currently operating as a full-service collision and repair center.
Berger Commercial Realty/CORFAC International announced the sale, which closed on February 27.
Property Sale Highlights
- Address: 1927 SW 1st Avenue, Fort Lauderdale, FL
- Location: Broward County, South Florida
- Property Type: Automotive industrial facility
- Building Size: 5,279 square feet
- Lot Size: 0.6 acres
- Sale Price: $1,825,000
- Closing Date: February 27
- Broker: Steve Hyatt of Berger Commercial Realty
Transaction Details
Berger Commercial Realty Senior Vice President Steve Hyatt represented the seller, 1163 Holdings LLC, in the transaction.
The buyer, Scott Harvey, a retired car dealer, acquired the property as a personal investment. Harvey was represented by Matthew McGeever of Lokation Realty.
Demand for Automotive Industrial Real Estate in South Florida
Automotive service properties continue to stand out as one of the more resilient segments of the South Florida industrial real estate market. Limited zoning availability, barriers to new supply, and steady consumer demand all contribute to ongoing interest from investors and owner-users alike.
“Automotive service properties remain highly sought after because zoning can be difficult to secure and the use tends to perform through market cycles,” said Hyatt. “The need for collision and repair doesn’t disappear—drivers are on the road every day.”
Fort Lauderdale Industrial Market Insight
Fort Lauderdale and the broader Broward County market continue to see strong demand for automotive facilities, industrial outdoor storage sites, and small-bay industrial properties.
With limited land availability and increasingly restrictive zoning for automotive uses, existing properties such as 1927 SW 1st Avenue have become more valuable to both private investors and businesses seeking functional infill locations.
Property Background
The property has a notable local history. It previously operated as Fender Mender before later being acquired by a national publicly traded company and rebranded under the Classic Collision name.
About Steve Hyatt
Steve Hyatt brings more than 18 years of experience specializing in automotive and industrial real estate across South Florida. His background includes representing major automotive dealership groups and automotive-related real estate throughout the region.
Before entering brokerage, Hyatt served as Vice President of Corporate Development at AutoNation, giving him unique insight into the operational, strategic, and investment needs of automotive users.
Explore Industrial Real Estate Opportunities in Fort Lauderdale
To learn more about industrial properties for sale in Fort Lauderdale or automotive real estate opportunities in South Florida, contact Berger Commercial Realty.