Storefront Flex
200 NE 1st Ave #218, Hallandale Beach, FL 33009
For Sale
Contact for pricing
An open interior, rear loading access, and customer-facing storefront support a range of business operations.
Property Size23,597 SF
Price / SF$0.17
Days on Market28
Property Features for 200 NE 1st Ave #218
General Information
Standard status
Size
Property subtype
Amenities
high ceilings
polished epoxy flooring
full air conditioning
private restroom
rear roll-up loading door
1.04245 acres
Public Sanitation
Parcel Number: 514227040171, Public Survey Range: 51, Public Survey Section: 27, Public Survey Township: 51, Legal Description: SUB OF SEC 27-51-42 B-13 D OUTLOT 16, S 164.5 OF N 268 OF W 150 & S 138.50 OF N 406.50 OF W 150, Zoning: CENTRAL
Central Individual A/C
Listing ID: A12104065, Standard Status: Active, MLS Status: Active, Property Subtype: Retail, On market as of 2026-10-10, 1 day on market, Special Conditions: Lease
Built in 1970, Living area units: Square Feet
County/Parish: Broward County
Leasable area: 1850, Leasable area units: Square Feet
Water Source: Public
Building Details
Year Built
Listing Agency:
Fausto Commercial Realty Consultants Inc
Listed By:
Elior Levi · License #3574869
(954) 743-7594
Source:
Riserealty
Added: Oct 10
Changed: Nov 6
Last Checked: Nov 6 at 1:56PM
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 Fausto Commercial Realty Consultants Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex space pairs a storefront with an open interior and a rear roll-up door for deliveries. Interior features include high ceilings, polished epoxy flooring, air conditioning, and a private restroom. The space is available for immediate occupancy.
Located in Hallandale Beach’s Fashion, Art & Design District, the property is near major transportation corridors, Aventura, and other commercial districts. Potential uses listed for the space include retail, showroom, professional office, gallery, creative studio, contractor or trade operations, and service businesses, subject to city approval.
Located in Hallandale Beach’s Fashion, Art & Design District, the property is near major transportation corridors, Aventura, and other commercial districts. Potential uses listed for the space include retail, showroom, professional office, gallery, creative studio, contractor or trade operations, and service businesses, subject to city approval.
Key Highlights
- Storefront configuration with open interior layout
- Rear roll‑up door provides loading access
- High ceilings and polished epoxy flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$254,746
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,094,920
$5.1M
Cap Rate 7%
$3,639,229
$3.6M
Cap Rate 9%
$2,830,511
$2.8M
Market Conditions
NOI Build-Up for 23,597 SF
Gross rent
$385.1K $16.32/SF
− Vacancy
−$21.2K −$0.90/SF
EGI
$363.9K $15.42/SF
− OpEx
−$109.2K −$4.63/SF
NOI
$254.7K $10.80/SF
Area
Broward County, FL
Vacancy
5.50%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,094,920
Cap Rate 7%
$3,639,229
Cap Rate 9%
$2,830,511
Alternative Uses
Best Use
Flex RnD
$7.41M
$6.49M – $8.65M
NOI $519,040 @ 7.0% cap · market cap 12,976.00%
Second Best
Retail
$5.70M
$4.99M – $6.65M
NOI $399,006 @ 7.0% cap · market cap 9,975.15%
Theoretical Best
Office A
$11.97M
$10.48M – $13.97M
NOI $838,023 @ 7.0% cap · market cap 20,950.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,533
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33009, FL
43,301
Population
31,020
Households
1.4
Avg Household Size
47
Median Age
36%
College-Educated
88%
High-School Grad
4.9 sq mi
ZIP Area
8,837
Density / Sq Mi
$48,196
Median Household Income
$33,928
Median Earnings
$1,576
Median Rent
$248,300
Median Home Value
Market
Average Price Trend$/SF for Flex space in Broward County, FL
Properties on Market for Flex space in Broward County
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Simplecater — 500 S Federal Hwy #89, Hallandale Beach, FL 33009
- The Catering Companies — 19 NE 1st Ave, Hallandale Beach, FL 33009
- The Chef & The Chief — 126 N Federal Hwy, Hallandale Beach, FL 33009
- Firehouse Subs Hallandale Beach — 701 E Hallandale Beach Blvd, Hallandale Beach, FL 33009
- Executive Private Catering — 801 NE 10th St, Hallandale Beach, FL 33009
Frequently Asked Questions
What type of property is this?
Flex space - An open interior, rear loading access, and customer-facing storefront support a range of business operations.
Where is this flex space located?
The property is located at 200 NE 1st Ave #218 Hallandale Beach, FL.
What are key features of this property?
This property features: Storefront configuration with open interior layout; Rear roll‑up door provides loading access; High ceilings and polished epoxy flooring
