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Storefront Retail Property

6132 NW 11th Street 16-2, Sunrise, FL 33313

For Sale
$153,333

Central air and assigned and guest parking support the property's retail configuration.

Property Size727 SF
Days on Market160

Property Features for 6132 NW 11th Street 16-2

General Information

Standard status Active
Size 727 SF
Total Parking Spaces 6
Zoning B-3

Taxes and HOA fees

Annual Taxes $3,177

Amenities

Central Air
Other
Assigned, Guest

Building Details

Building Size 727 SF
Year Built 1974
Buildings 1
Stories 1
Listing Agency: The Agency Florida LLC
Listed By: Debra P Rochlin · License #B26035302
Source: Evrealestate
Added: Jun 1 Changed: Nov 6 Last Checked: Nov 6 at 2:40PM

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 The Agency Florida LLC

Rey
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Investment Insights

Based on property information with market context.

This storefront retail property at 6132 NW 11th Street, unit 16-2, was built in 1974 and has central air. Parking includes assigned spaces and guest parking. The property is zoned B-3.

Access is available from Florida's Turnpike or I-95 via Sunrise Boulevard, NW 61st Avenue, and NW 11th Street. The property is on the left after turning onto NW 11th Street.

Key Highlights

  • B‑3 zoning
  • Central air
  • Assigned and guest parking

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,293
Cap Rate
8.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$245,860 $245.9K
Cap Rate 7%
$175,614 $175.6K
Cap Rate 9%
$136,589 $136.6K
Market Conditions
NOI Build-Up for 727 SF
Gross rent
$19.2K $26.40/SF
− Vacancy
−$1.6K −$2.24/SF
EGI
$17.6K $24.16/SF
− OpEx
−$5.3K −$7.25/SF
NOI
$12.3K $16.91/SF
Area
Broward County, FL
Vacancy
8.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$245,860
Cap Rate 7%
$175,614
Cap Rate 9%
$136,589

Alternative Uses

Best Use
Retail
$175.6K
$153.7K – $204.9K (±1% cap)
NOI $12,293 @ 7.0% cap · market cap 8.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$368.8K
$322.7K – $430.3K (±1% cap)
NOI $25,819 @ 7.0% cap · market cap 16.84%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Parking Lot & Garage Skin Care Clinic

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

718
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33313, FL

63,284
Population
25,312
Households
2.5
Avg Household Size
36
Median Age
15%
College-Educated
85%
High-School Grad
6.3 sq mi
ZIP Area
10,045
Density / Sq Mi
$45,408
Median Household Income
$30,872
Median Earnings
$1,608
Median Rent
$236,300
Median Home Value

Market

Average Price Trend$/SF for Storefront properties in Broward County, FL

$326 Jul
$331 Aug
$390 Sep
$355 Oct

Properties on Market for Storefront 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

Similar Off Market Nearby

  • Exotic Florist of Plantation — 6561 NW 13th Pl, Plantation, FL 33313
  • A Plus Flowers FL — 6531 Sunset Strip Suite 4, Sunrise, FL 33313

Frequently Asked Questions

What type of property is this?
Storefront property - Central air and assigned and guest parking support the property's retail configuration.
Where is this storefront property located?
The property is located at 6132 NW 11th Street 16-2 Sunrise, FL.
What is the asking price?
The asking price for this property is $153,333.
What are key features of this property?
This property features: B‑3 zoning; Central air; Assigned and guest parking
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Includes: Price & PSF · Cap rate · Location · Zoning

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