Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5738 W Hallandale Beach Boulevard West Park, FL 33023

    View on Map
    Claim this Listing
    For Sale
    $999,000

    COMMERCIAL - West Park, FL

    Lot size:
    0.27 Acres
    Added:
    Dec 16, 2025
    Days on Market:
    122
    Last Refresh:
    Apr 17 at 12:06 pm

    Property Features for 5738 W Hallandale Beach Boulevard

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    B-2
    Fencing
    Fenced
    Standard status
    Active
    APN
    514125060390
    Lot size
    0.27 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    MIAMI GARDENS ESTATES SEC 3 FIRST ADD 27-8 B LOT 3 BLK 22
    Tax Annual Amount
    8125

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1952
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Tile
    Building materials
    Block, CBS

    We can help!

    Listing Contact
    Itshak M Mor-Yossef

    Listing agent Itshak M Mor-Yossef License #3026619

    Listing office G & E Realty Group, Inc 3325 S University Dr #201, Cooper City, FL

    Listing date Dec 16, 2025

    MLS# F10541437

    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

    West Park Commercial Building For Sale

    A free-standing commercial building is available, offering visibility and accessibility. The property features a flexible open layout and a private entrance. Ample parking is available. The property is suitable for retail, office, or professional use. It is located near major roads and high-traffic areas in West Park, Florida. The lot size is 0.27 acres. The zoning is B-2.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    West Park
    County
    Broward
    State
    Florida
    Longitude
    -80.2144
    Latitude
    25.9895

    Nearby Similar for Sale

    • $2,375,000

      Renovated Warehouse with Six Bays

      Renovated 6,000 SF warehouse with six bays in West Park.
      5960 SW 23rd St, West Park, FL 33023
      View Details
    • $1,395,000

      West Park Industrial Corner Property

      M-1 zoned property with redevelopment potential in a central location.
      2110 SW 58th Ave, West Park, FL 33023
      View Details
    • $350,000

      Printing Business Opportunity in Florida

      Established printing business for sale in South Florida with equipment.
      West Park, FL 33023
      View Details
    • $835,000
      2,280 SF

      West Park Income-Producing Fourplex

      Well-maintained fourplex in West Park with income potential.
      4017 SW 24th St, West Park, FL 33023
      View Details
    • $150,000

      Profitable Mechanic Shop For Sale

      Profitable mechanic shop with steady clientele in West Park, FL.
      Profitable Mechanic Shop For Sale In West Park / Hollywood, West Park, FL 33023
      View Details
    • $1,160,000

      West Park Multifamily Investment Opportunity

      Fully occupied five-unit building in West Park, Hollywood.
      4141 SW 20th St, West Park, FL 33023
      View Details
    • $900,000
      1,470 SF

      West Park Retail Center Opportunity

      Retail center with value-add potential in West Park.
      5720 W Hallandale Beach Blvd, West Park, FL 33023
      View Details
    • $1,200,000
      2,000 SF

      Corner Retail Building on Hallandale

      Free-standing retail building on a large lot in West Park.
      5730 Hallandale Beach Blvd, West Park, FL
      View Details
    • $3,800

      Hallandale Beach Free Standing Building

      Free standing building near 441 with new roof.
      5911 W Hallandale Beach Blvd, WEST PARK, FL, 33023-5245
      View Details
    • $600,000
      1,000 SF

      West Park Mechanic Shop

      Turn-key mechanic shop with 5 lifts and ample parking.
      2316 SW 57th Ave, West Park, FL
      View Details
    • $899,000

      Remodeled Commercial/Office Space Available

      Remodeled commercial/office space near Pembroke Rd/Hollywood area.
      5232 Pembroke Rd, West Park, FL 33021
      View Details
    • $1,850,000
      3,043 SF

      West Park Industrial Property

      Commercial, industrial, mixed-use property available in West Park, Florida.
      5705 Hallandale Beach Blvd, West Park, FL
      View Details

    FAQs

    What type of property is this?
    Storefront property - Free-standing building ideal for retail, office, or professional use.
    Where is this storefront property located?
    The property is located at 5738 W Hallandale Beach Boulevard West Park, FL.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: Excellent visibility and accessibility due to its free‑standing building status.; Flexible open layout suitable for retail, office, or professional use.; Ample parking available.
    (954) 682-5599
    We can help!
    Listing Contact
    Itshak M Mor-Yossef
    Real Estate License ID: 3026619
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!