Flex Space with Rear
218-200 Ne 1st Ave, Hallandale Beach, FL 33009
For Sale
Contact for pricing
A storefront configuration, open interior, and rear delivery access support a range of commercial operations.
Property Size1,850 SF
Price / SF$2.16
Days on Market27
Property Features for 218-200 Ne 1st Ave
General Information
Standard status
Size
Additional Details
Property Use
Amenities
high ceilings
polished epoxy flooring
full air conditioning
private restroom
rear roll-up loading door
Listing Agency:
Fausto Commercial Realty Consultants Inc
(786) 748-7373
Listed By:
Elior Levi · License #3574869
(954) 743-7594
Source:
Exprealty
Added: Oct 11
Changed: Nov 6
Last Checked: Nov 6 at 3:19PM
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 1,850-square-foot flex space in Hallandale Beach combines a customer-facing storefront with a flexible interior and a rear roll-up door for loading. Interior features include high ceilings, polished epoxy floors, air conditioning, and a private restroom. The space is available for immediate occupancy.
The property is situated in Hallandale Beach’s Fashion, Art & Design District, near Aventura and other commercial districts. A range of potential uses is identified, including retail, showroom, office, gallery, studio, trade, and service operations, subject to city approval.
The property is situated in Hallandale Beach’s Fashion, Art & Design District, near Aventura and other commercial districts. A range of potential uses is identified, including retail, showroom, office, gallery, studio, trade, and service operations, subject to city approval.
Key Highlights
- 1,850 SF flex space
- Storefront paired with a rear roll‑up loading door
- High ceilings and polished epoxy flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,972
Suggested Prices Based on Cap Rates
Cap Rate 5%
$399,440
$399.4K
Cap Rate 7%
$285,314
$285.3K
Cap Rate 9%
$221,911
$221.9K
Market Conditions
NOI Build-Up for 1,850 SF
Gross rent
$30.2K $16.32/SF
− Vacancy
−$1.7K −$0.90/SF
EGI
$28.5K $15.42/SF
− OpEx
−$8.6K −$4.63/SF
NOI
$20.0K $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%
$399,440
Cap Rate 7%
$285,314
Cap Rate 9%
$221,911
Alternative Uses
Best Use
Flex RnD
$581.3K
$508.7K – $678.2K
NOI $40,693 @ 7.0% cap · market cap 1,017.32%
Second Best
Retail
$446.9K
$391.0K – $521.4K
NOI $31,282 @ 7.0% cap · market cap 782.05%
Theoretical Best
Office A
$938.6K
$821.3K – $1.10M
NOI $65,701 @ 7.0% cap · market cap 1,642.52%
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 - A storefront configuration, open interior, and rear delivery access support a range of commercial operations.
Where is this flex space located?
The property is located at 218-200 Ne 1st Ave Hallandale Beach, FL.
What are key features of this property?
This property features: 1,850 SF flex space; Storefront paired with a rear roll‑up loading door; High ceilings and polished epoxy flooring
