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Mixed-Use Redevelopment Opportunity
For Sale
$1,950,000

602 Nw 1st St, Dania Beach, FL 33004

Mixed-use property with redevelopment potential in an Opportunity Zone.

Property SizeContact for details
Days on Market162

Property Features for 602 Nw 1st St

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $17,457
Listing Agency: A J Ryan Realty
Listed By: John M Ryan · License #506936
Source: Exprealty
Added: Mar 20 Changed: Aug 25 Last Checked: Aug 26 at 1:39PM

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 A J Ryan Realty

Investment Insights

Based on property information with market context.

This mixed-use property presents a redevelopment opportunity in an Opportunity Zone. The property features 9 residential units and 4 retail units, and is being sold with an adjacent lot. The location offers value-add repositioning potential within a walkable urban redevelopment area that benefits from strong rental demand. Situated close to US-1, the airport, Dania Pointe, and new hotels, the property is positioned to benefit from major apartment development in the area. A brand new multi-sports complex and park are located near the Broward Sheriff Office and City Hall, contributing to the area's growth potential.

Key Highlights

  • Prime Mixed‑Use Redevelopment Opportunity: Retail + Residential Vertical Build (4 stories) with 9 residential units and 4 retail units sold with adjacent lot.
  • Opportunity Zone Investment: Significant tax advantages.
  • Value‑Add Repositioning Potential: Opportunity to increase property value through improvements.

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Daycare Center Tattoo & Piercing Shop Veterinary Clinic (Bike/Boat/Book/etc) Store Restaurant Fish Market

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

1,872
Businesses Nearby

Demographics for 33004, FL

16,162
Population
9,427
Households
1.7
Avg Household Size
45
Median Age
34%
College-Educated
90%
High-School Grad
6.8 sq mi
ZIP Area
2,377
Density / Sq Mi
$50,783
Median Household Income
$41,540
Median Earnings
$1,616
Median Rent
$336,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property with redevelopment potential in an Opportunity Zone.
Where is this mixed-use property located?
The property is located at 602 Nw 1st St Dania Beach, FL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Prime Mixed‑Use Redevelopment Opportunity: Retail + Residential Vertical Build (4 stories) with 9 residential units and 4 retail units sold with adjacent lot.; Opportunity Zone Investment: Significant tax advantages.; Value‑Add Repositioning Potential: Opportunity to increase property value through improvements.
More about this property
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