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    2990 Griffin Rd Dania Beach, FL 33312

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    For Sale
    $2,575,000

    Fully renovated commercial property with income-producing suites near Fort Lauderdale Airport.

    Lot size:
    0.19 Acres

    Property Features for 2990 Griffin Rd

    General Information

    Lot size
    0.19 Acres

    Building Details

    Year built
    1971

    Source: Fausto Commercial Realty Consultants Inc Agent Elior Levi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Commercial Property Near Airport

    This fully renovated 6,234 square foot commercial property is located at 2990 Griffin Road. The property is situated minutes from Fort Lauderdale International Airport, Port Everglades, I-95, and US-1, offering visibility and access. Upgrades include a new roof, impact windows and doors, commercial AC units, and high-end finishes. The flexible floor plan supports a variety of uses, making it suitable for an owner-occupier seeking a move-in ready headquarters or an investor pursuing a stabilized asset. It features four retail and office suites and 16 parking spaces. The property generates net operating income exceeding $142,000 annually, which is approximately a 5.5% capitalization rate, with pro forma projections near 6.5%.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Dania Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.1823023
    Latitude
    26.0621307

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    FAQs

    What type of property is this?
    Office space - Fully renovated commercial property with income-producing suites near Fort Lauderdale Airport.
    Where is this office space located?
    The property is located at 2990 Griffin Rd Dania Beach, FL.
    What is the asking price?
    The asking price for this property is $2,575,000.
    What are key features of this property?
    This property features: - Fully renovated 6,234 SF commercial property with modern design and high-end finishes.; - Prime location minutes from Fort Lauderdale International Airport, Port Everglades, I-95, and US-1, offering excellent visibility and access.; - Generates NOI exceeding $142,000 annually (~5.5% cap), with pro forma projections near 6.5%.
    (954) 743-7594
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    2990 Griffin Rd Dania Beach, FL 33312
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    Dania Beach, FL 33312
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    Realmo Value Estimation

    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.

    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.

    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
    2990 Griffin Rd Dania Beach, FL 33312
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