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    24 SW 12Th Ave Dania Beach, FL 33004

    Sponsored
    For Lease
    $17 SF/Yr

    Industrial - Dania Beach, FL

    Type:Industrial
    Property size:
    4,940 SF
    Days on Market:
    2
    Last Refresh:
    Jan 29 at 7:06 am

    Property Features for 24 SW 12Th Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Industrial
    Standard status
    Active
    Zoning
    I-G
    APN
    504234480010
    Size
    4,940 SF

    Utilities

    Sewer type
    Other
    Cooling system
    Central Air

    Building Details

    Year built
    2003
    Architectural style
    Other

    We can help!

    Listing Contact
    Fernando Terry

    TTCL01 (786) 325-8335

    Listing agent Fernando Terry (305) 907-7028 License #3391196

    Listing date Jan 28, 2026

    MLS# A11954655 Listing URL

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

    Learn more

    Property Insight Report

    Overview

    Dania Beach Industrial Flex Space

    This property offers flexible office-warehouse spaces for lease, with suite sizes ranging from 4,940 square feet up to 29,366 square feet, providing scalable options for a wide range of business users. The property is ideally located near Dania Pointe Mall and just 0.25 miles east of Interstate 95 on Stirling Road, offering excellent regional connectivity with quick access to I-595, Fort Lauderdale–Hollywood International Airport, and Port Everglades. This location is ideal for logistics, distribution, marine-related, design, and light industrial operations. The property comprises twelve buildings featuring 18-foot clear ceiling heights, strong visibility, and a functional mix of dock-high loading and grade-level drive-in overhead doors. Many suites are fully air-conditioned, and select units are equipped with 3-phase electrical service to accommodate power-intensive uses. Office-to-warehouse ratios vary by unit, generally offering approximately 10% office and 90% warehouse, allowing for efficient and flexible layouts. Suite 6 offers 4,940 square feet of space including four offices, a break room/kitchen, a bathroom, and one loading bay drive-in. The CAM fee is $4.50.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Festina Watches Fashion Accessories Store CTE Co Corporate Office Brain Damage Studios Recording Studio

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Gym & Fitness Clothing Store Daycare Center

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

    Similar Places Nearby

    Slow Food Truck, Firehouse Subs Dania Pointe, La Bottega del Maccherone

    Location Insight

    • Map
    • Local Demand
    City
    Dania Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.1512917
    Latitude
    26.0512686

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    FAQs

    What type of property is this?
    Flex space - Flexible office-warehouse spaces for lease near I-95 and Dania Pointe.
    Where is this flex space located?
    The property is located at 24 SW 12Th Ave Dania Beach, FL.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: - Excellent location: Just ¼ mile east of I-95 on Stirling Road, near Dania Pointe Mall, offering quick access to I-595, Fort Lauderdale–Hollywood International Airport, and Port Everglades.; - Flexible office-warehouse spaces: Suite sizes range from 4,940 SF up to 29,366 SF, with scalable options.; - Functional mix of loading options: Features both dock-high loading and grade-level drive-in overhead doors.
    (305) 907-7028
    Request Owner's contact information
    24 SW 12Th Ave Dania Beach, FL 33004
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    Dania Beach, FL 33004
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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
    24 SW 12Th Ave Dania Beach, FL 33004
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    We can help!
    Listing Contact
    Fernando Terry
    Real Estate License ID: 3391196
    (305) 907-7028
    Learn more
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