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    Former Retail and Office Building Title is generated by Realmo AI

    16 South Federal Highway, Dania Beach, FL 33004

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    Street retail and office with ample parking, offered as a two-parcel assemblage with flexible City Center District zoning.

    Type:Retail, Office, Land
    Property size:
    8,600 SF
    Price / SF:
    $406/SF
    Added:
    Jun 17, 2026
    Days on Market:
    11
    Last Refresh:
    Jun 24 at 3:41 am

    Property Features for 16 South Federal Highway

    General Information

    Standard status
    Active
    Size
    8,600 SF
    Property subtype
    Retail, Office, Land

    Building Details

    Year Built
    1950

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    Patrick Horrocks
    Patrick Horrocks

    Listing office SVN Commercial Partners

    Listing date Jun 17, 2026

    Source Crexi

    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 SVN Commercial Partners

    HighLights

    • 8,600 SF street retail and office along South Federal Highway (US‑1) in Dania Beach
    • Two‑parcel contiguous assemblage with ample on‑site parking
    • Former Rexall Drugs location with operating history dating to 1956
    • Zoned City Center District (CC) allowing a mix of retail, office, residential, and hospitality uses
    • Located within the City’s Community Redevelopment Agency (CRA) district
    • US‑1 carries approximately 75,552 vehicles per day (average daily traffic)

    Overview

    The property is a two-parcel contiguous assemblage that includes 8,600 square feet of street retail and office space, offered as the former Rexall Drugs site. The offering includes ample on-site parking. The property’s long operating history as a local drugstore is reflected in its established presence along a major commercial corridor.

    Located along South Federal Highway in Dania Beach, the site benefits from prominent exposure to both residents and visitors traveling through the area. The property is described as lying within the City’s Community Redevelopment Agency (CRA) district, and it is zoned City Center District (CC). The CC zoning permits a mix of retail, office, residential, and hospitality uses, supported by favorable density and height allowances intended to encourage urban mixed-use infill development.

    This site can suit buyers or operators seeking a mixed-use-capable redevelopment platform with existing street-facing retail and office space and on-site parking. With CRA designation and the City Center District framework supporting multiple use categories, the property provides flexibility for adaptive reuse or redevelopment planning, subject to applicable approvals.

    Local Financial Insights For Office B

    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 $392.2k $45.60
    − Vacancy −$88.2k −$10.26
    EGI $303.9k $35.34
    − OpEx −$76.0k −$8.84
    NOI $227.9k $26.51
    8,600 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $3.26M
    $2.85M – $3.80M (±1% cap)
    NOI $227,943 @ 7.0% cap · market cap 6.51%
    Second Best
    Retail
    $2.08M
    $1.82M – $2.42M (±1% cap)
    NOI $145,419 @ 7.0% cap · market cap 4.15%
    Theoretical Best
    Office A
    $4.36M
    $3.82M – $5.09M (±1% cap)
    NOI $305,420 @ 7.0% cap · market cap 8.73%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Amazon Counter - Health ... Postal Service Dania Discount Drugs ... Pharmacy

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Dania Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.1440856
    Latitude
    26.0518867

    FAQs

    What type of property is this?
    Retail space - Street retail and office with ample parking, offered as a two-parcel assemblage with flexible City Center District zoning.
    Where is this retail space located?
    The property is located at 16 South Federal Highway Dania Beach, FL.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: 8,600 SF street retail and office along South Federal Highway (US‑1) in Dania Beach; Two‑parcel contiguous assemblage with ample on‑site parking; Former Rexall Drugs location with operating history dating to 1956
    (561) 725-0725 Call to check price and availability
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