Modern Office
For Sale
Contact for pricing
121 SW 1st Ct, Dania Beach, FL 33004
Zoned RAC CC for versatile office or retail use with ample customer parking.
Property Size2,021 SF
Price / SF$643.25
Days on Market106
Property Features for 121 SW 1st Ct
General Information
Standard status
Active
Size
2,021 SF
Property subtype
OFFICE
Zoning
RAC CC
Building Details
Year Built
2006
Buildings
1
Listing Agency:
RE/MAX of Stuart
(772) 288-1111
Listed By:
Rosi Shepard · License #3320083
(772) 323-7037
Source:
Moodyscre
Added: Jul 21
Changed: Oct 26
Last Checked: Nov 3 at 8:16AM
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 RE/MAX of Stuart
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Investment Insights
Based on property information with market context.
Modern office building totaling 2,021 square feet, constructed in 2006. The property is zoned RAC CC for versatile use and is described as well-maintained and move-in ready.
Located at 121 SW 1st Ct in Dania Beach, Florida, the building is presented for retail or business use with high visibility for retail presence. On-site customer parking is included, supporting day-to-day customer access.
For tenants and buyers looking for a smaller, purpose-built commercial facility with current zoning flexibility and straightforward occupancy, this layout and condition are positioned to support either office or retail operations.
Located at 121 SW 1st Ct in Dania Beach, Florida, the building is presented for retail or business use with high visibility for retail presence. On-site customer parking is included, supporting day-to-day customer access.
For tenants and buyers looking for a smaller, purpose-built commercial facility with current zoning flexibility and straightforward occupancy, this layout and condition are positioned to support either office or retail operations.
Key Highlights
- 2,021 square foot modern office building
- Constructed in 2006
- Zoned RAC CC for versatile office or retail use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,567
Cap Rate
4.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,071,340
$1.1M
Cap Rate 7%
$765,243
$765.2K
Cap Rate 9%
$595,189
$595.2K
Market Conditions
NOI Build-Up for 2,021 SF
Gross rent
$92.2K $45.60/SF
− Vacancy
−$20.7K −$10.26/SF
EGI
$71.4K $35.34/SF
− OpEx
−$17.9K −$8.84/SF
NOI
$53.6K $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%
$1,071,340
Cap Rate 7%
$765,243
Cap Rate 9%
$595,189
Alternative Uses
Best Use
Office B
$765.2K
$669.6K – $892.8K
NOI $53,567 @ 7.0% cap · market cap 4.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.03M
$897.2K – $1.20M
NOI $71,774 @ 7.0% cap · market cap 5.52%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,812
Businesses Nearby
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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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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Zoned RAC CC for versatile office or retail use with ample customer parking.
Where is this office building located?
The property is located at 121 SW 1st Ct Dania Beach, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 2,021 square foot modern office building; Constructed in 2006; Zoned RAC CC for versatile office or retail use
