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Dania Beach Warehouse Investment Opportunity

114 SW 2nd Ave Dania Beach, FL 33004

114 SW 2nd Ave, Dania Beach, FL, 33004
$2,700,000
For Sale
Claim this Listing
$2,700,000

Five-unit warehouse property in Dania Beach with income upside.

Property Size7,630 SF
Lot Size0.22 Acres
Price / SF$353.87
AddedMar 31
Days on Market106
Last RefreshJul 2 at 5:58 pm

Property Features for 114 SW 2nd Ave

General Information

Standard status
Active
Size
7,630 SF
Lot size
0.22 Acres
Property subtype
Industrial

Building Details

Year Built
1972

Listing office ComReal Miami, Inc,

Listing date Mar 31, 2026

Source Elliman

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 ComReal Miami, Inc,


Investment Insights

Based on property information with market context.

This property presents a small bay investment opportunity located in Dania Beach, Florida. It features five warehouse units, each approximately 1,526 square feet, with an 18-foot clear height. The property's current net operating income (NOI) is $118,905. There is a potential opportunity to increase the NOI by adjusting the tenant base to market rental rates. Unit 1, Unit 2, and Unit 3 each have a rent of $2,500 per month, while Unit 4 and Unit 5 each have a rent of $2,150 per month.

Key Highlights

  • Current Net Operating Income (NOI) of $118,905.
  • Opportunity to increase NOI by raising rents to market rates.
  • Five warehouse units, each approximately 1,526 SF.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $124.5k $16.32
− Vacancy −$6.8k −$0.90
EGI $117.7k $15.42
− OpEx −$17.7k −$2.31
NOI $100.0k $13.11
7,630 SF · lease $16.32/SF/yr · vacancy 5.50% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$1.43M
$1.25M – $1.67M (±1% cap)
NOI $100,022 @ 7.0% cap · market cap 3.70%
Second Best
Industrial
$1.18M
$1.03M – $1.37M (±1% cap)
NOI $82,371 @ 7.0% cap · market cap 3.05%
Theoretical Best
Office A
$3.87M
$3.39M – $4.52M (±1% cap)
NOI $270,971 @ 7.0% cap · market cap 10.04%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Fathom Motorsports Auto Repair Shop V&S Manufacturing LLC General Contractor

Suggested Use

Daycare Center Garden Center Pet Grooming Service (Bike/Boat/Book/etc) Store Catering Service (Bike/Boat/Book/etc) Store Nursing Home Fish Market Butcher Veterinary Clinic

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

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
  • Fast Wrap USA South Florida — 46 SW 7th St, Dania Beach, FL 33004

FAQs

What type of property is this?
Warehouse - Five-unit warehouse property in Dania Beach with income upside.
Where is this warehouse located?
The property is located at 114 SW 2nd Ave Dania Beach, FL.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Current Net Operating Income (NOI) of $118,905.; Opportunity to increase NOI by raising rents to market rates.; Five warehouse units, each approximately 1,526 SF.
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