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Freestanding Mixed-Use Building

5738 W Hallandale Beach Boulevard, West Park, FL 33023

For Sale
$999,000

Commercial Sale, West Park, FL

Property Size2,191 SF
Lot Size0.27 Acres
Price / SF$455.96
Days on Market332

Property Features for 5738 W Hallandale Beach Boulevard

General Information

Property type Commercial Sale
Property subtype Other
Zoning B-2
Parking 7
Fencing Fenced
Subdivision 3080
Standard status Active
APN 514125060390
Size 2,191 SF
Lot size 0.27 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description MIAMI GARDENS ESTATES SEC 3 FIRST ADD 27-8 B LOT 3 BLK 22
Tax Annual Amount 8125
Legal Description MIAMI GARDENS ESTATES SEC 3 FIRST ADD 27-8 B LOT 3 BLK 22

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

private entrance
ample parking
flexible open layout

Building Details

Year built 1952
Floors in Building 1
Number of units 1
Flooring type Tile
Building materials Block, CBS
Listing Agency: G & E Realty Group, Inc
Listed By: Itshak M Mor-Yossef · License FL #3026619
Added: Dec 16, 2025 Changed: Oct 14 Last Checked: Nov 12 at 8:06AM
MLS# F10541437

Copyright © 2026 BeachesMLS. 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.

This freestanding mixed-use property contains 2,191 square feet on a 0.27-acre lot. The building dates to 1952 and uses block and CBS construction, with tile flooring, central heating, and central air conditioning. A private entrance, open interior arrangement, fencing, and on-site parking support a range of commercial configurations.

The property is positioned near major roads and high-traffic areas in West Park, Florida, with public water and public sewer service. B-2 zoning and the existing building format provide a commercial setting for retail, office, or professional use as described in the property information.

Key Highlights

  • 2,191‑square‑foot freestanding building on a 0.27‑acre lot
  • B‑2 zoning with an open interior layout and private entrance
  • Block and CBS construction; built in 1952

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,893
Cap Rate
3.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$617,860 $617.9K
Cap Rate 7%
$441,329 $441.3K
Cap Rate 9%
$343,256 $343.3K
Market Conditions
NOI Build-Up for 2,191 SF
Gross rent
$52.6K $24.00/SF
− Vacancy
−$3.2K −$1.44/SF
EGI
$49.4K $22.56/SF
− OpEx
−$18.5K −$8.46/SF
NOI
$30.9K $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%
$617,860
Cap Rate 7%
$441,329
Cap Rate 9%
$343,256

Alternative Uses

Best Use
Mixed Use
$441.3K
$386.2K – $514.9K (±1% cap)
NOI $30,893 @ 7.0% cap · market cap 3.09%
Second Best
Retail
$380.1K
$332.6K – $443.5K (±1% cap)
NOI $26,610 @ 7.0% cap · market cap 2.66%
Theoretical Best
Office A
$1.11M
$972.6K – $1.30M (±1% cap)
NOI $77,811 @ 7.0% cap · market cap 7.79%
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

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Gym & Fitness Center Pharmacy Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,898
Businesses Nearby

Demographics for 33023, FL

66,749
Population
22,450
Households
3
Avg Household Size
38
Median Age
20%
College-Educated
84%
High-School Grad
8.8 sq mi
ZIP Area
7,585
Density / Sq Mi
$70,003
Median Household Income
$35,093
Median Earnings
$1,621
Median Rent
$344,500
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 Mixed-use properties in Broward County, FL

$573 Jul
$541 Aug
$415 Sep
$378 Oct

Properties on Market for Mixed-use properties in Broward County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - B-2-zoned property with an open layout, private entrance, and on-site parking.
Where is this mixed-use property located?
The property is located at 5738 W Hallandale Beach Boulevard West Park, FL.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 2,191‑square‑foot freestanding building on a 0.27‑acre lot; B‑2 zoning with an open interior layout and private entrance; Block and CBS construction; built in 1952
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