Turnkey Mixed-Use Commercial Building

2990 Griffin Road Dania Beach, FL 33312

Claim this Listing
For Sale
$2,399,000

Renovated building with four retail/office suites and 16 parking spaces for flexible investor and owner-user use.

Type:Commercial
Property size:
6,234 SF
Price / SF:
$384/SF
Added:
Jun 9, 2026
Days on Market:
32
Last Refresh:
Jul 5 at 2:34 am

Property Features for 2990 Griffin Road

General Information

Standard status
Active
Size
6,234 SF
Property subtype
Commercial

Building Details

Year Built
2010

Listing office ONE AND ONLY REALTY MIAMI LP

Listing date Jun 9, 2026

Source Corcoran

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 ONE AND ONLY REALTY MIAMI LP


Investment Insights

Based on property information with market context.

This fully renovated mixed-use commercial building totals 6,234 SF and is designed for flexibility across professional, medical, wellness, and retail uses. The property has been upgraded throughout with a new roof, impact windows and doors, commercial-grade A/C systems, and contemporary interior and exterior finishes. It is currently configured into four retail/office suites, supported by 16 on-site parking spaces.

2990 Griffin Road is positioned within Broward County’s connected business corridor, with minutes to Fort Lauderdale–Hollywood International Airport, Port Everglades, I-95, and US-1. The property’s location supports convenient regional access and ongoing day-to-day traffic visibility from surrounding major routes.

For investors, the building offers an in-place cap rate of approximately 6.1% and is structured to support diversified occupancy across multiple suites. For owner-users, the four-suite layout allows you to occupy one suite and lease the remaining spaces to help offset operating costs, while benefiting from a turnkey, modern facility that is ready for immediate occupancy or tenanting.

Key Highlights

  • 2010‑built, fully renovated 6,234 SF mixed‑use commercial property with upgraded roof, impact windows/doors, and commercial‑grade HVAC.
  • Configured into four retail/office suites for diversified income and flexible use by investors or owner‑occupants.
  • Investment income: in‑place cap rate of approximately 6.1% (per provided remarks).

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 $284.3k $45.60
− Vacancy −$64.0k −$10.26
EGI $220.3k $35.34
− OpEx −$55.1k −$8.84
NOI $165.2k $26.51
6,234 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$2.36M
$2.07M – $2.75M (±1% cap)
NOI $165,232 @ 7.0% cap · market cap 6.89%
Second Best
Retail
$1.51M
$1.32M – $1.76M (±1% cap)
NOI $105,412 @ 7.0% cap · market cap 4.39%
Theoretical Best
Office A
$3.16M
$2.77M – $3.69M (±1% cap)
NOI $221,394 @ 7.0% cap · market cap 9.23%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Dental Office Real Estate Agency Hair Salon Law Firm Daycare Center Restaurant Spa & Massage Center Nail Salon Gym & Fitness Center Bakery

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

FAQs

What type of property is this?
Office units - Renovated building with four retail/office suites and 16 parking spaces for flexible investor and owner-user use.
Where is this office units located?
The property is located at 2990 Griffin Road Dania Beach, FL.
What is the asking price?
The asking price for this property is $2,399,000.
What are key features of this property?
This property features: 2010‑built, fully renovated 6,234 SF mixed‑use commercial property with upgraded roof, impact windows/doors, and commercial‑grade HVAC.; Configured into four retail/office suites for diversified income and flexible use by investors or owner‑occupants.; Investment income: in‑place cap rate of approximately 6.1% (per provided remarks).
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