114 SW 2nd Ave Dania Beach, FL 33004
COMMERCIAL - Dania Beach, FL
Property Features for 114 SW 2nd Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active Under Contract
- APN
- 504234013950
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Description
- TOWN OF MODELO (DANIA) B-49 D LOT 4,5 BLK 28
- Tax Annual Amount
- 18842
Building Details
- Year built
- 1972
Listing agent Edward Redlich License #3375503 (305) 710-5593
Listing office ComReal Miami - Doral, LLC. 3470 NW 82nd Avenue Suite 605, Miami, FL (305) 619-2937
Listing date Jun 6, 2026
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.
Located at 114 SW 2nd Ave in Dania Beach, Florida (Broward County), the building is positioned as a local warehouse option within the Dania Beach area.
For buyers and operators seeking a smaller, unit-based warehouse arrangement, the configuration provides multiple separate spaces within one asset, which can support leasing flexibility across the five bays. Interested parties should review the property brochure and information sheet for additional details on each unit and the current operating setup.
Key Highlights
- 1972‑built Dania Beach warehouse property with 5 warehouse units
- Each unit is approximately 1,526 SF
- 18' clear height across the warehouse units
Local Financial Insights For Warehouse
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 | $124.5k | $16.32 |
| − Vacancy | −$6.8k | −$0.90 |
| EGI | $117.7k | $15.42 |
| − OpEx | −$17.7k | −$2.31 |
| NOI | $100.0k | $13.11 |
Alternative Uses
Property Analytics
Current Use by Public Records
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