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Freestanding Retail or Office Building

5738 W Hallandale Beach Boulevard West Park, FL 33023

5738 W Hallandale Beach Boulevard, West Park, FL, 33023
$999,000
For Sale
$999,000

COMMERCIAL - West Park, FL

Property Size2,191 SF
Lot Size0.27 Acres
Price / SF$455.96
Days on Market213

Property Features for 5738 W Hallandale Beach Boulevard

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
B-2
Parking
7
Fencing
Fenced
Standard status
Active
APN
514125060390
Size
2,191 SF
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
Listing Agency G & E Realty Group, Inc
3325 S University Dr #201, Cooper City, FL
Listed by Itshak M Mor-Yossef · License #3026619
Added: Dec 16, 2025 Checked: Jul 17 at 11:06 am
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.


Investment Insights

Based on property information with market context.

This freestanding commercial building offers a flexible open layout designed to support a range of retail, office, or professional uses. The property includes a private entrance and ample parking to support convenient customer and employee access.

Situated in West Park, Florida, the building is positioned along W Hallandale Beach Boulevard and is described as having strong visibility and accessibility. The listing also notes convenience to major roads and high-traffic areas.

With an open interior plan and on-site parking, the space can work for tenants seeking a straightforward footprint they can adapt to their operational needs. Its freestanding nature and private entrance can also be beneficial for businesses that prefer direct, customer-facing access without shared common areas.

Key Highlights

  • Excellent visibility and accessibility due to its free‑standing building status.
  • Flexible open layout suitable for retail, office, or professional use.
  • Ample parking available.

Local Financial Insights For Office B

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 $99.9k $45.60
− Vacancy −$22.5k −$10.26
EGI $77.4k $35.34
− OpEx −$19.4k −$8.84
NOI $58.1k $26.51
2,191 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$829.6K
$725.9K – $967.9K (±1% cap)
NOI $58,072 @ 7.0% cap · market cap 5.81%
Second Best
Retail
$529.3K
$463.1K – $617.5K (±1% cap)
NOI $37,048 @ 7.0% cap · market cap 3.71%
Theoretical Best
Office A
$1.11M
$972.6K – $1.30M (±1% cap)
NOI $77,811 @ 7.0% cap · market cap 7.79%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Real Estate Agency Dental Office Law Firm Pharmacy Gym & Fitness Center Hotel & Motel Garden Center Restaurant Skin Care Clinic Food Market

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

FAQs

What type of property is this?
Retail space - Freestanding building with flexible open layout, private entrance, and ample parking for retail, office, or professional use.
Where is this retail space 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.
Contact an agent
More about this property
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