Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4678 W Hallandale Beach Blvd Pembroke Park, FL 33023

    Sponsored
    For Sale
    $4,500,000

    Commercial - Pembroke Park, FL

    Lot size:
    0.95 Acres
    Days on Market:
    13
    Last Refresh:
    Feb 4 at 11:06 pm

    Property Features for 4678 W Hallandale Beach Blvd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B-1
    APN
    514230090492
    Lot size
    0.95 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Minerva Arboleya
    Minerva Arboleya

    Related ISG Realty (305) 932-6365

    Listing agent Minerva Arboleya (305) 932-6365 License #3547796

    Listing date Jan 23, 2026

    MLS# A11914203 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Paddle & Pickleball Sports Complex

    This property presents a development opportunity featuring land with full site plan approval for a paddle and pickleball sports complex. The approved project includes 8 professional-grade courts, on-site parking, a coffee bar area, and locker rooms. The property is located on Hallandale Beach Boulevard in Pembroke Park, Florida, offering high visibility and accessibility. This shovel-ready project allows a buyer to move directly into permitting and construction. The property is zoned B-1 and has a lot size of 0.947 acres. This sale includes the real estate and the pre-approved sports complex project.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Pembroke Park
    County
    Broward
    State
    Florida
    Longitude
    -80.1901356
    Latitude
    25.9838367

    Nearby Similar for Sale

    • $899,000

      Freestanding Warehouse in Pembroke Park

      Small-bay industrial property with expansion potential in a prime location.
      2111 John P Lyons Ln, Pembroke Park, FL 33021
      View Details
    • $870,000

      Coffee Roaster Business Opportunity

      Unique coffee roasting technology in Pembroke Park, Florida.
      1805 SW 31St Ave, Pembroke Park, FL 33009
      View Details
    • $4,300,000
      0.93 Acres

      Pembroke Park Retail Investment Opportunity

      Fully leased retail plaza in Pembroke Park with strong income potential.
      4250 W Hallandale Beach Blvd, Pembroke Park, FL 33023
      View Details
    • $1,750,000
      Pending

      Restaurant on Hallandale Beach Blvd

      Freestanding restaurant on a corner lot with high traffic.
      5590 W Hallandale Beach Blvd, Pembroke Park, FL 33023
      View Details
    • $100,000
      1,971 SF

      Motorcycle Dealer Business Opportunity

      Motorcycle dealer license and business for sale in Pembroke Park.
      Motorcycle Dealer Business For Sale, Pembroke Park, FL 33023
      View Details
    • $4,300,000
      8,917 SF

      Pembroke Park Retail Plaza

      High-Yield Retail Investment, 7 Units
      4250 Hallandale Bch Blvd, Pembroke Park, FL 33023
      View Details
    • $790,000
      2,072 SF

      OCEAN PARK

      Multifamily properties • 2,072 SF
      219 7 Ct, Hallandale Beach, FL 33009
      View Details
    • $750,120
      1,128 SF

      Hallandale Beach Executive Suite

      Class A Office, 1,128 sq ft, $750,120
      800 Federal Hwy, Hallandale Beach, FL 33009
      View Details
    • $1,384,365
      2,251 SF

      Atlantic Village Suite 901

      Office Properties & Spaces • 2,251 SF
      800 Federal Hwy, Hallandale Beach, FL 33009
      View Details

    FAQs

    What type of property is this?
    Specialty property - Development opportunity: approved paddle and pickleball sports complex project.
    Where is this specialty property located?
    The property is located at 4678 W Hallandale Beach Blvd Pembroke Park, FL.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: - Full site plan approval for a state-of-the-art Paddle & Pickleball sports complex.; - Prime land location on high-visibility Hallandale Beach Boulevard.; - Turn-key, shovel-ready project allowing immediate permitting and construction.
    (305) 632-2512
    Request Owner's contact information
    4678 W Hallandale Beach Blvd Pembroke Park, FL 33023
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4678 W Hallandale Beach Blvd
    Pembroke Park, FL 33023
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    4678 W Hallandale Beach Blvd Pembroke Park, FL 33023
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Minerva Arboleya
    Minerva Arboleya
    Real Estate License ID: 3547796
    (305) 632-2512
    Learn more
    Google sign-in failed. Please try again or use another login method.