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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
Lot Size0.44 Acres
Days on Market143

Property Features for 602 NW 1st St

General Information

Standard status Active
Lot size 0.44 Acres
Property subtype Commercial

Building Details

Year Built 1958
Listing Agency: EXP Realty, LLC.
Listed By: Janice A Scott · License #3160688
Source: Elliman
Added: Mar 23 Changed: Jul 6 Last Checked: Aug 11 at 8:00AM

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 EXP Realty, LLC.

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

Retail space

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

1,705
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
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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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