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    102 N Federal Highway Dania Beach, FL 33004

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    Claim this Listing
    For Lease
    $9,750 /Mo

    COMMERCIAL - Dania Beach, FL

    Type:Retail
    Property size:
    1,600 SF
    Lot size:
    0.19 Acres
    Added:
    Aug 15, 2024
    Days on Market:
    611
    Last Refresh:
    Apr 17 at 8:06 pm

    Property Features for 102 N Federal Highway

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Zoning
    CC
    Standard status
    Active
    APN
    504234011710
    Size
    1,600 SF
    Lot size
    0.19 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Description
    TOWN OF MODELO (DANIA) B-49 D LOT 22 LESS ST RD,LOT 23 LESS ST RD,BLK 11
    Tax Annual Amount
    9947

    We can help!

    Listing Contact
    J. Josep D Pelayo
    J. Josep D Pelayo

    Listing agent J. Josep D Pelayo License #3005451

    Listing office Total R E Consultants Inc 11760 W Sample Road #104, Coral Springs, FL

    Listing date Aug 15, 2024

    MLS# F10456564

    Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Dania Beach Retail Opportunity

    This commercial space in Dania Beach, Florida, presents an opportunity for a unique social location. Situated on the corner of US-1 and NE 1st St, the flexible space is suitable for a community building concept such as a coffee shop, retail shop, or art shop. The location is approximately 1,600 square feet with an outside area measuring around 6,400 square feet. The building features a hacienda-style exterior. The property includes a new grease trap and a new ADA-compliant restroom. Plans were previously approved for a coffee shop, with city support for the project. The property is located in a thriving area with new developments nearby. The lease is NNN, with CAM at $16 per square foot. The tenant is responsible for base rent, CAM, and sales tax. The lot size is 0.19 acres and the zoning is CC.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ornamental Home Design Industrial Manufacturer Metro by T-Mobile Mobile Phone Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Daycare Center Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dania Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.143477
    Latitude
    26.0543

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    FAQs

    What type of property is this?
    Retail space - Unique retail space with outdoor area in thriving Dania Beach.
    Where is this retail space located?
    The property is located at 102 N Federal Highway Dania Beach, FL.
    What is the lease rate?
    The lease rate is $9,750 /Mo.
    What are key features of this property?
    This property features: High‑traffic corner location at US‑1 and NE 1st St in Dania Beach.; Approved plans and city support for a coffee shop.; **Large outdoor area (approx. 6,400 SQFT) in addition to indoor space (approx. 1,600 SQFT).**
    (954) 551-9427
    We can help!
    Listing Contact
    J. Josep D Pelayo
    J. Josep D Pelayo
    Real Estate License ID: 3005451
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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