Two-Unit Warehouse with
For Sale
Contact for pricing
114 SW 2ND Avenue SW, Dania Beach, FL 33004
Each bay includes a bathroom and four dedicated parking spaces for business operations.
Property Size6,030 SF
Price / SF$0.49
Days on Market14
Property Features for 114 SW 2ND Avenue SW
General Information
Standard status
Active
Size
6,030 SF
Total Parking Spaces
8
Property subtype
Industrial
Building Details
Year Built
1972
Listing Agency:
Complete Realty Group
(954) 477-7308
Listed By:
Eleonora Sebos · License #3544969
(305) 337-0182
Source:
Lehmannflorida
Added: Oct 12
Changed: Oct 23
Last Checked: Oct 24 at 6:13PM
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 Complete Realty Group
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Two warehouse bays, identified as Bays 2 and 3, are offered together. Each unit measures 900 square feet and includes a small kitchen and a bathroom. The property was built in 1972, and each bay has four parking spaces.
Key Highlights
- Two warehouse units, Bays 2 and 3
- Each unit contains 900 square feet
- Small kitchen and bathroom in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,048
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,580,960
$1.6M
Cap Rate 7%
$1,129,257
$1.1M
Cap Rate 9%
$878,311
$878.3K
Market Conditions
NOI Build-Up for 6,030 SF
Gross rent
$98.4K $16.32/SF
− Vacancy
−$5.4K −$0.90/SF
EGI
$93.0K $15.42/SF
− OpEx
−$13.9K −$2.31/SF
NOI
$79.0K $13.11/SF
Area
Broward County, FL
Vacancy
5.50%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,580,960
Cap Rate 7%
$1,129,257
Cap Rate 9%
$878,311
Alternative Uses
Best Use
Warehouse
$1.13M
$988.1K – $1.32M
NOI $79,048 @ 7.0% cap · market cap 2,679.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.06M
$2.68M – $3.57M
NOI $214,149 @ 7.0% cap · market cap 7,259.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,493
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- DAUERFLORA USA, Inc. — 74 SW 12th Ave #103, Dania Beach, FL 33004
- Life Storage — 850 Stirling Rd, Dania Beach, FL 33004
- Handy Storage Dania Beach — 420 Stirling Rd, Dania Beach, FL 33004
- Stanley Penn Hay & Grain — 97 SW 3rd Ave, Dania Beach, FL 33004
- Boat Storage — 90 N Bryan Rd, Dania Beach, FL 33004
Frequently Asked Questions
What type of property is this?
Warehouse - Each bay includes a bathroom and four dedicated parking spaces for business operations.
Where is this warehouse located?
The property is located at 114 SW 2ND Avenue SW Dania Beach, FL.
What are key features of this property?
This property features: Two warehouse units, Bays 2 and 3; Each unit contains 900 square feet; Small kitchen and bathroom in each unit
