Office-Warehouse Flex
307 NW 10th Terrace #307, Hallandale Beach, FL 33009
For Sale
$625,000
The air-conditioned unit combines office and warehouse areas and can also serve as a showroom.
Property Size1,650 SF
Price / SF$378.79
Days on Market60
Property Features for 307 NW 10th Terrace #307
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Property Use
Building Details
Year Built
Listing Agency:
EFA Realty
Listed By:
Alberto R Faur · License #3074422
(954) 663-6882
Source:
Wycliffecommunityrealty
Added: Sep 8
Changed: Nov 6
Last Checked: Nov 6 at 2:31PM
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 EFA Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,650-square-foot flex space combines office and warehouse areas in one property. Air conditioning is present, and the space can also be used as a showroom. The building dates to 1977 and has been updated this month.
The property is one block from I-95. Its warehouse area can accommodate container loading and unloading.
The property is one block from I-95. Its warehouse area can accommodate container loading and unloading.
Key Highlights
- 1,650‑square‑foot flex space with office and warehouse areas
- Container loading and unloading accommodated at the warehouse
- One block from I‑95
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,293
Cap Rate
5.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$725,860
$725.9K
Cap Rate 7%
$518,471
$518.5K
Cap Rate 9%
$403,256
$403.3K
Market Conditions
NOI Build-Up for 1,650 SF
Gross rent
$59.4K $36.00/SF
− Vacancy
−$3.6K −$2.16/SF
EGI
$55.8K $33.84/SF
− OpEx
−$19.5K −$11.84/SF
NOI
$36.3K $22.00/SF
Area
Broward County, FL
Vacancy
6.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$725,860
Cap Rate 7%
$518,471
Cap Rate 9%
$403,256
Alternative Uses
Best Use
Flex RnD
$518.5K
$453.7K – $604.9K
NOI $36,293 @ 7.0% cap · market cap 5.81%
Second Best
Warehouse
$309.0K
$270.4K – $360.5K
NOI $21,630 @ 7.0% cap · market cap 3.46%
Theoretical Best
Office A
$837.1K
$732.5K – $976.6K
NOI $58,598 @ 7.0% cap · market cap 9.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
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
$248,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/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 - The air-conditioned unit combines office and warehouse areas and can also serve as a showroom.
Where is this flex space located?
The property is located at 307 NW 10th Terrace #307 Hallandale Beach, FL.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 1,650‑square‑foot flex space with office and warehouse areas; Container loading and unloading accommodated at the warehouse; One block from I‑95
