Mixed-Use Property with
24 NE 1st Ave, Dania Beach, FL 33004
For Sale
New
$1,950,000
Commercial Sale, Dania Beach, FL
Property Size4,968 SF
Lot Size0.22 Acres
Price / SF$392.51
Days on Market1
Property Features for 24 NE 1st Ave
General Information
Property type
Property subtype
Zoning description
Parking
Security features
Lot features
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Mixed-Use Components
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
Keter Estates LLC
Listed By:
Erica Mizrahi · License FL #3239938
(305) 761-1612
Added: Nov 10
Last Checked: Nov 10 at 6:06PM
MLS# A12121600
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
At 24 NE 1st Ave in Dania Beach, this 4,968-square-foot mixed-use building contains six commercial units and two apartments on the second floor. Block construction, vinyl flooring, central heating and central air are among its physical features. Renovations completed in 2025 included hurricane-impact storefront windows and doors, interior flooring, exterior facade work and lighting. Both apartments received updates within the past three years.
The property sits one block east of US-1, with access to I-95, I-595, US-441 and Florida's Turnpike. Fort Lauderdale-Hollywood International Airport and Port Everglades are also cited as accessible destinations. Hotels, multifamily communities and commercial projects have been built in the surrounding area.
The property sits one block east of US-1, with access to I-95, I-595, US-441 and Florida's Turnpike. Fort Lauderdale-Hollywood International Airport and Port Everglades are also cited as accessible destinations. Hotels, multifamily communities and commercial projects have been built in the surrounding area.
Key Highlights
- Six commercial units and two second‑floor residential apartments
- 4,968 square feet on a 0.2236‑acre lot
- 2025 work included hurricane‑impact storefront windows and doors, flooring, facade improvements and lighting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,049
Cap Rate
3.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,400,980
$1.4M
Cap Rate 7%
$1,000,700
$1.0M
Cap Rate 9%
$778,322
$778.3K
Market Conditions
NOI Build-Up for 4,968 SF
Gross rent
$119.2K $24.00/SF
− Vacancy
−$7.2K −$1.44/SF
EGI
$112.1K $22.56/SF
− OpEx
−$42.0K −$8.46/SF
NOI
$70.0K $14.10/SF
Area
Broward County, FL
Vacancy
6.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,400,980
Cap Rate 7%
$1,000,700
Cap Rate 9%
$778,322
Alternative Uses
Best Use
Mixed Use
$1.00M
$875.6K – $1.17M
NOI $70,049 @ 7.0% cap · market cap 3.59%
Second Best
Retail
$862.0K
$754.2K – $1.01M
NOI $60,337 @ 7.0% cap · market cap 3.09%
Theoretical Best
Office A
$2.52M
$2.21M – $2.94M
NOI $176,433 @ 7.0% cap · market cap 9.05%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,493
Businesses Nearby
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Business Placement
Demographics for 33004, FL
16,162
Population
9,427
Households
1.7
Avg Household Size
45
Median Age
34%
College-Educated
90%
High-School Grad
6.8 sq mi
ZIP Area
2,377
Density / Sq Mi
$50,783
Median Household Income
$41,540
Median Earnings
$1,616
Median Rent
$336,200
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Broward County, FL
Properties on Market for Mixed-use properties in Broward County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Six commercial spaces and two upstairs residences combine retail and residential components in one property.
Where is this mixed-use property located?
The property is located at 24 NE 1st Ave 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: Six commercial units and two second‑floor residential apartments; 4,968 square feet on a 0.2236‑acre lot; 2025 work included hurricane‑impact storefront windows and doors, flooring, facade improvements and lighting
