Mixed-Use Property with
For Sale
Contact for pricing
2777 W Hillsboro Blvd, Deerfield Beach, FL 33442
B-1-zoned property combines ground-floor retail space with a three-bedroom apartment above.
Property Size4,744 SF
Price / SF$547.85
Days on Market96
Property Features for 2777 W Hillsboro Blvd
General Information
Standard status
Active
Size
4,744 SF
Property subtype
Retail, Mixed Use
Zoning
B-1
Investment Type
Owner/User
Building Details
Buildings
1
Stories
2
Listing Agency:
LRM CREA LLC
Listed By:
Chad Gottsegen · License #FL 3386660
(561) 400-7750
Source:
Crexi
Added: Jul 14
Changed: Oct 13
Last Checked: Oct 16 at 8:55AM
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 LRM CREA LLC
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Investment Insights
Based on property information with market context.
This mixed-use property contains approximately 4,744 square feet across two levels on a 0.71-acre parcel. The first floor provides a 2,800 SF retail area, while the second floor includes a 1,944 SF three-bedroom apartment. A paved lot serves the property, which also has frontage on Hillsboro Blvd.
Located at 2777 W Hillsboro Blvd in Deerfield Beach, the property carries B-1 zoning and combines commercial and residential components within one asset.
Located at 2777 W Hillsboro Blvd in Deerfield Beach, the property carries B-1 zoning and combines commercial and residential components within one asset.
Key Highlights
- Approximately 4,744 total square feet on a 0.71‑acre lot
- 2,800 SF first‑floor retail space
- 1,944 SF second‑floor apartment with 3 bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,834
Cap Rate
3.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,636,680
$1.6M
Cap Rate 7%
$1,169,057
$1.2M
Cap Rate 9%
$909,267
$909.3K
Market Conditions
NOI Build-Up for 4,744 SF
Gross rent
$142.3K $30.00/SF
− Vacancy
−$11.4K −$2.40/SF
EGI
$130.9K $27.60/SF
− OpEx
−$49.1K −$10.35/SF
NOI
$81.8K $17.25/SF
Area
Broward County, FL
Vacancy
8.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,636,680
Cap Rate 7%
$1,169,057
Cap Rate 9%
$909,267
Alternative Uses
Best Use
Mixed Use
$1.17M
$1.02M – $1.36M
NOI $81,834 @ 7.0% cap · market cap 3.15%
Second Best
Retail
$1.15M
$1.00M – $1.34M
NOI $80,217 @ 7.0% cap · market cap 3.09%
Theoretical Best
Office A
$2.41M
$2.11M – $2.81M
NOI $168,478 @ 7.0% cap · market cap 6.48%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,181
Businesses Nearby
927
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Optimum
Shops & Services
927 visits/mo
0.4 miles
Demographics for 33442, FL
32,340
Population
21,595
Households
1.5
Avg Household Size
52
Median Age
32%
College-Educated
92%
High-School Grad
6.9 sq mi
ZIP Area
4,687
Density / Sq Mi
$53,413
Median Household Income
$42,035
Median Earnings
$1,952
Median Rent
$231,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - B-1-zoned property combines ground-floor retail space with a three-bedroom apartment above.
Where is this mixed-use property located?
The property is located at 2777 W Hillsboro Blvd Deerfield Beach, FL.
What is the asking price?
The asking price for this property is $2,599,000.
What are key features of this property?
This property features: Approximately 4,744 total square feet on a 0.71‑acre lot; 2,800 SF first‑floor retail space; 1,944 SF second‑floor apartment with 3 bedrooms
