715 1St St Dania Beach, FL 33004
Sponsored
Profitable Restaurant, 5.5% Cap Rate
Property size:
2,344 SFDescription
- Added:
- Dec 11, 2024
- Days on Market:
- 392
Property Features for 715 1St St
General Information
- Property type
- Restaurants
- Square Feet
- 2,344 SF
- Class
- C
Building Details
- Year Built/Renovated
- 1955/2020
- Buildings
- 1
- Stories
- 1
- Units
- 1
HighLights
- $598,000 asking price for this Dania Beach, FL retail property.
- 2,344 square foot restaurant building on a 0.2‑year remaining lease (with a 5‑year option).
- Currently 100% occupied with a Net Lease (NN) tenant; $29,664 current NOI, pro‑forma NOI of $34,000.
- 5.50% cap rate, 5.69% pro‑forma cap rate.
- Located at 715 NW 1st St, Dania Beach, FL 33004, in a Regional Activity Center (RAC) & Mixed Use (NBHD‑MU) zone.
- Built in 1955, renovated in 2020, featuring impact windows, a grease trap, hood system, commercial kitchen, and on‑site parking.
Property Profile
Location Intelligence
Current Use by Public Records
Essence Caterers
Caterer
Location Insight
- Map
- Local Demand
- City
- Dania Beach
- County
- Broward
- State
- Florida
- Longitude
- -80.14863762
- Latitude
- 26.0539988
Nearby Similar for Sale
FAQs
What type of property is this?
Restaurant - Profitable Restaurant, 5.5% Cap Rate
Where is this restaurant located?
The property is located at 715 1St St Dania Beach, FL.
What is the asking price?
The asking price for this property is $598,000.
What are key features of this property?
This property features: $598,000 asking price for this Dania Beach, FL retail property.; 2,344 square foot restaurant building on a 0.2-year remaining lease (with a 5-year option).; Currently 100% occupied with a Net Lease (NN) tenant; $29,664 current NOI, pro-forma NOI of $34,000.
