Single-Story Flex
New
For Sale
$6,595,000
1063 NW 1st Ct, Hallandale Beach, FL 33009
COMMERCIAL - Hallandale Beach, FL
Property Size22,140 SF
Lot Size0.83 Acres
Price / SF$297.88
Days on Market2
Property Features for 1063 NW 1st Ct
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
B-I
Directions
Google map
Subdivision
3080
Standard status
Active
APN
514228000077
Lot size
0.83 Acres
Taxes and HOA fees
Tax Description
28-51-42 S 145 OF N 405 OF W 250.5 OF E 500 OF S3/4 OF NW1/4 OF NW1/4 AKA: BLDG D
Tax Annual Amount
62181
Legal Description
28-51-42 S 145 OF N 405 OF W 250.5 OF E 500 OF S3/4 OF NW1/4 OF NW1/4 AKA: BLDG D
Building Details
Year built
1970
Number of units
2
Listing Agency:
Optimar International Realty
(305) 947-0477
Listed By:
Carmen Jones · License #0672843
(305) 725-1599
Added: Aug 5
Last Checked: Aug 6 at 2:06AM
MLS# A12064294
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This single-story flex property contains 22,140 square feet on approximately 0.8264 acres. The building offers 19-foot clear ceiling heights and a configuration suited to industrial, distribution, manufacturing, and commercial operations. Built in 1970, the asset provides substantial interior capacity within a flexible commercial format.
The property is located in Hallandale Beach between Miami and Fort Lauderdale, approximately 15 miles from each metropolitan center. Immediate access to I-95 connects the site with the broader South Florida market. B-1, or Business Industrial District, zoning allows a variety of permitted uses.
The property is located in Hallandale Beach between Miami and Fort Lauderdale, approximately 15 miles from each metropolitan center. Immediate access to I-95 connects the site with the broader South Florida market. B-1, or Business Industrial District, zoning allows a variety of permitted uses.
Key Highlights
- 22,140 SF of single‑story flex space
- Approximately 0.8264 acres
- 19‑foot clear ceiling heights
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $797.0k | $36.00 |
| − Vacancy | −$47.8k | −$2.16 |
| EGI | $749.2k | $33.84 |
| − OpEx | −$262.2k | −$11.84 |
| NOI | $487.0k | $22.00 |
22,140 SF · lease $36.00/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$6.96M
$6.09M – $8.12M
NOI $486,991 @ 7.0% cap · market cap 7.38%
Second Best
Warehouse
$4.15M
$3.63M – $4.84M
NOI $290,234 @ 7.0% cap · market cap 4.40%
Theoretical Best
Office A
$11.23M
$9.83M – $13.10M
NOI $786,279 @ 7.0% cap · market cap 11.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
19 ft
Clear height
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,774
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33009, FL
43,301
Population
31,020
Households
1.4
Avg Household Size
47
Median Age
36%
College-Educated
88%
High-School Grad
4.9 sq mi
ZIP Area
8,837
Density / Sq Mi
$48,196
Median Household Income
$33,928
Median Earnings
$1,576
Median Rent
$248,300
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Flex space - B-1 zoning supports a range of industrial and commercial uses.
Where is this flex space located?
The property is located at 1063 NW 1st Ct Hallandale Beach, FL.
What is the asking price?
The asking price for this property is $6,595,000.
What are key features of this property?
This property features: 22,140 SF of single‑story flex space; Approximately 0.8264 acres; 19‑foot clear ceiling heights
