Mixed-Use Redevelopment
602 NW 1st St Dania Beach, FL 33004
602 NW 1st St, Dania Beach, FL, 33004
$1,950,000
For Sale
$1,950,000
Mixed-use property with redevelopment potential in an Opportunity Zone.
Lot Size0.44 Acres
Days on Market121
Property Features for 602 NW 1st St
General Information
- Standard status
- Active
- Lot size
- 0.44 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1958
Listing agency
EXP Realty, LLC.
(954) 534-3688
Listed by
Janice A Scott · License #3160688
(954) 534-3688
Source
Elliman
Added: Mar 23 Updated: Jul 6 at 12:17PM Checked: Jul 21 at 8:15AM
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Investment Insights
Based on property information with market context.
This mixed-use property presents a redevelopment opportunity in an Opportunity Zone. The property features 9 residential units and 4 retail units, and is being sold with an adjacent lot. The location offers value-add repositioning potential within a walkable urban redevelopment area that benefits from strong rental demand. Situated close to US-1, the airport, Dania Pointe, and new hotels, the property is positioned to benefit from major apartment development in the area. A brand new multi-sports complex and park are located near the Broward Sheriff Office and City Hall, contributing to the area's growth potential.
Key Highlights
- Prime Mixed‑Use Redevelopment Opportunity: Retail + Residential Vertical Build (4 stories) with 9 residential units and 4 retail units sold with adjacent lot.
- Opportunity Zone Investment: Significant tax advantages.
- Value‑Add Repositioning Potential: Opportunity to increase property value through improvements.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with redevelopment potential in an Opportunity Zone.
Where is this mixed-use property located?
The property is located at 602 NW 1st St Dania Beach, FL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Prime Mixed‑Use Redevelopment Opportunity: Retail + Residential Vertical Build (4 stories) with 9 residential units and 4 retail units sold with adjacent lot.; Opportunity Zone Investment: Significant tax advantages.; Value‑Add Repositioning Potential: Opportunity to increase property value through improvements.