Mixed-Use Salon Suite
828 Southeast 8th Avenue, Deerfield Beach, FL 33441
For Sale
Contact for pricing
B-1 zoning accommodates office and retail uses, subject to city approval.
Property Size1,760 SF
Price / SF$482.95
Days on Market32
Property Features for 828 Southeast 8th Avenue
General Information
Standard status
Size
Property subtype
Zoning
Occupancy
Additional Details
Highway Access
Office Units
Tenant in Place
Property Use
Amenities
Hurricane impact windows
concrete roof
Building Details
Buildings
Building Size
Tenancy
Listing Agency:
Open Market CRE LLC
Listed By:
Steven Paulsen · License FL BK3053136
(561) 929-4098
Source:
Crexi
Added: Oct 9
Changed: Nov 8
Last Checked: Nov 8 at 5:11PM
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 Open Market CRE LLC
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Investment Insights
Based on property information with market context.
The 1,760-square-foot property contains nine private salon suites and is fully occupied. Its tenants provide salon, beauty, spa, and wellness services. Building features include hurricane-impact windows and a concrete roof. The B-1 designation allows office, retail, medical, and professional uses, subject to city approval.
At 828 Southeast 8th Avenue in Deerfield Beach, the property sits just off the US-1 corridor. Federal Highway, Hillsboro Boulevard, I-95, and the beach are described as minutes away. Nearby communities include Lighthouse Point, Pompano Beach, Boca Raton, and Hillsboro Beach. Parking is provided in a city-maintained lot.
At 828 Southeast 8th Avenue in Deerfield Beach, the property sits just off the US-1 corridor. Federal Highway, Hillsboro Boulevard, I-95, and the beach are described as minutes away. Nearby communities include Lighthouse Point, Pompano Beach, Boca Raton, and Hillsboro Beach. Parking is provided in a city-maintained lot.
Key Highlights
- Fully occupied by 9 salon and wellness tenants
- 1,760‑square‑foot building configured with 9 private suites
- B‑1 zoning allows office, retail, medical, and professional uses, subject to city approval
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,816
Cap Rate
2.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$496,320
$496.3K
Cap Rate 7%
$354,514
$354.5K
Cap Rate 9%
$275,733
$275.7K
Market Conditions
NOI Build-Up for 1,760 SF
Gross rent
$42.2K $24.00/SF
− Vacancy
−$2.5K −$1.44/SF
EGI
$39.7K $22.56/SF
− OpEx
−$14.9K −$8.46/SF
NOI
$24.8K $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%
$496,320
Cap Rate 7%
$354,514
Cap Rate 9%
$275,733
Alternative Uses
Best Use
Mixed Use
$354.5K
$310.2K – $413.6K
NOI $24,816 @ 7.0% cap · market cap 2.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$892.9K
$781.3K – $1.04M
NOI $62,505 @ 7.0% cap · market cap 7.35%
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
Lease Details
9
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,942
Businesses Nearby
Explore this area
Business Placement
Demographics for 33441, FL
29,311
Population
15,225
Households
1.9
Avg Household Size
43
Median Age
28%
College-Educated
88%
High-School Grad
4.8 sq mi
ZIP Area
6,106
Density / Sq Mi
$57,257
Median Household Income
$35,163
Median Earnings
$1,544
Median Rent
$381,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Broward County, FL
Properties on Market for Mixed-use properties in Broward County
Frequently Asked Questions
What type of property is this?
Mixed-use property - B-1 zoning accommodates office and retail uses, subject to city approval.
Where is this mixed-use property located?
The property is located at 828 Southeast 8th Avenue Deerfield Beach, FL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Fully occupied by 9 salon and wellness tenants; 1,760‑square‑foot building configured with 9 private suites; B‑1 zoning allows office, retail, medical, and professional uses, subject to city approval
