Mixed-Use Retail and Office
34-38 S Federal Highway Dania Beach, FL 33004
New
34-38 S Federal Highway, Dania Beach, FL, 33004
$3,800,000
For Sale
$3,800,000
Contiguous four-parcel mixed-use site on South Federal Highway with retail, office, residential components and parking.
Property Size13,350 SF
Price / SF$284.64
Days on Market5
Property Features for 34-38 S Federal Highway
General Information
- Standard status
- Active
- Size
- 13,350 SF
- Property subtype
- Retail - Street Retail
Listing Agency
SVN | Commercial Partners
Listed by
Patrick Horrocks
Source
Commercialcafe
Added: Jul 13 Checked: Jul 16 at 2:49 am
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 SVN | Commercial Partners
Investment Insights
Based on property information with market context.
Canterbury Square is a contiguous four-parcel assemblage located along South Federal Highway, offering three buildings with mixed-use space totaling 13,350 square feet and one undeveloped parcel currently used for parking. The property includes a mix of retail, office, and residential space, with a curb cut and direct frontage on South Federal Hwy.
The site is positioned in the City Center District (CC) and within the City’s Community Redevelopment Agency (CRA) district. The CC zoning allows a mix of retail, office, residential, and hospitality uses, with density and height allowances intended to support urban, mixed-use infill development and higher intensity uses near key corridors.
In addition to on-site flexibility, the location provides access to major regional thoroughfares, and the property is described as being about 1 mile from Fort Lauderdale-Hollywood International Airport, with proximity to Downtown Fort Lauderdale and Miami Beach. The offering is presented as a redevelopment-oriented opportunity within an active corridor.
The site is positioned in the City Center District (CC) and within the City’s Community Redevelopment Agency (CRA) district. The CC zoning allows a mix of retail, office, residential, and hospitality uses, with density and height allowances intended to support urban, mixed-use infill development and higher intensity uses near key corridors.
In addition to on-site flexibility, the location provides access to major regional thoroughfares, and the property is described as being about 1 mile from Fort Lauderdale-Hollywood International Airport, with proximity to Downtown Fort Lauderdale and Miami Beach. The offering is presented as a redevelopment-oriented opportunity within an active corridor.
Key Highlights
- Four‑parcel contiguous mixed‑use assemblage on S Federal Highway (US‑1) in Dania Beach, with a curb cut and frontage directly on the highway
- Three buildings totaling 13,350 SF plus one undeveloped parcel currently used for parking
- Zoned City Center District (CC) to allow a mix of retail, office, residential, and hospitality uses
Local Financial Insights For Retail
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 | $352.4k | $26.40 |
| − Vacancy | −$30.0k | −$2.24 |
| EGI | $322.5k | $24.16 |
| − OpEx | −$96.7k | −$7.25 |
| NOI | $225.7k | $16.91 |
13,350 SF · lease $26.40/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Office B
$5.05M
$4.42M – $5.90M
NOI $353,842 @ 7.0% cap · market cap 9.31%
Second Best
Retail
$3.22M
$2.82M – $3.76M
NOI $225,738 @ 7.0% cap · market cap 5.94%
Theoretical Best
Office A
$6.77M
$5.93M – $7.90M
NOI $474,111 @ 7.0% cap · market cap 12.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Contiguous four-parcel mixed-use site on South Federal Highway with retail, office, residential components and parking.
Where is this retail space located?
The property is located at 34-38 S Federal Highway Dania Beach, FL.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: Four‑parcel contiguous mixed‑use assemblage on S Federal Highway (US‑1) in Dania Beach, with a curb cut and frontage directly on the highway; Three buildings totaling 13,350 SF plus one undeveloped parcel currently used for parking; Zoned City Center District (CC) to allow a mix of retail, office, residential, and hospitality uses
