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Second-Floor Office Unit
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1111 Old Griffin Road, Dania Beach, FL 33004

Second-floor office space within an established commercial property.

Property Size770 SF
Price / SF$0.03
Days on Market49

Property Features for 1111 Old Griffin Road

General Information

Standard status Active
Size 770 SF
Property subtype Office

Additional Details

Floor Second

Amenities

1.87 acres, 1 To Less Than 2 Acre Lot
Other Roof/Roof Structure
Private Treatment Plant, Sewer, On-Site Treatment
Parcel Number: 504234450010, Annual Amount: $96,648, Legal Description: M.M.C.O. PLAT 121-19 B PARCEL A, Year: 2025, Zoning: C-3, Dania
Listing ID: B26076941, Standard Status: Active, MLS Status: Active, Property Subtype: Office, On market as of 2026-09-16, Special Conditions: Lease
31 total parking spaces
Built in 1985, Living area units: Square Feet, 1 storey
County/Parish: Broward County
Leasable area units: Square Feet
Other Utilities Available, Water Source: Public, Other Electric
Rental Agreement
Frontage Type: Other Road
Other Fire Protection

Building Details

Year Built 1985
Listing Agency: CMV Realty LLC
Listed By: Gus Martinez · License #3033300
Source: Riserealty
Added: Sep 16 Changed: Nov 1 Last Checked: Nov 3 at 8:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CMV Realty LLC

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Investment Insights

Based on property information with market context.

This second-floor office unit contains approximately 770 SF within an established commercial and industrial property. The building was constructed in 1985, offering a defined office setting at 1111 Old Griffin Road in Dania Beach, Florida.

The property is positioned for access to major South Florida transportation corridors, providing a practical regional connection for office users and businesses operating within the surrounding commercial area.

Key Highlights

  • Approximately 770 SF of second‑floor office space
  • Located at 1111 Old Griffin Road in Dania Beach, FL 33004
  • Part of an established commercial and industrial property

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,409
Suggested Prices Based on Cap Rates
Cap Rate 5%
$408,180 $408.2K
Cap Rate 7%
$291,557 $291.6K
Cap Rate 9%
$226,767 $226.8K
Market Conditions
NOI Build-Up for 770 SF
Gross rent
$35.1K $45.60/SF
− Vacancy
−$7.9K −$10.26/SF
EGI
$27.2K $35.34/SF
− OpEx
−$6.8K −$8.84/SF
NOI
$20.4K $26.51/SF
Area
Broward County, FL
Vacancy
22.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$408,180
Cap Rate 7%
$291,557
Cap Rate 9%
$226,767

Alternative Uses

Best Use
Office B
$291.6K
$255.1K – $340.2K (±1% cap)
NOI $20,409 @ 7.0% cap · market cap 102,045.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$390.7K
$341.8K – $455.8K (±1% cap)
NOI $27,346 @ 7.0% cap · market cap 136,730.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

PARKPLUS Florida Automated ... Production Facility

Suggested Use

Top Pick Daycare Center Garden Center Acupuncture Restaurant (Bike/Boat/Book/etc) Store Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,051
Businesses Nearby

Demographics for 33004, FL

16,162
Population
9,427
Households
1.7
Avg Household Size
45
Median Age
34%
College-Educated
90%
High-School Grad
6.8 sq mi
ZIP Area
2,377
Density / Sq Mi
$50,783
Median Household Income
$41,540
Median Earnings
$1,616
Median Rent
$336,200
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Second-floor office space within an established commercial property.
Where is this office unit located?
The property is located at 1111 Old Griffin Road Dania Beach, FL.
What are key features of this property?
This property features: Approximately 770 SF of second‑floor office space; Located at 1111 Old Griffin Road in Dania Beach, FL 33004; Part of an established commercial and industrial property
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