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    5540 64Th Ave Davie, FL 33314

    Sponsored
    For Sale
    $1,649,232

    Versatile 4,000 sq ft flex space, prime Davie location.

    Property size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional investment opportunity in Davie, Florida, featuring a 4,000 square foot flex space situated on a spacious 1.6-acre lot. The property, located at 5540 SW 64th Ave, Davie, FL 33314, boasts a 1954-built structure with Community Facility and Residential Office zoning. Currently vacant, this versatile property presents numerous development possibilities. Its prime location offers convenient access to major highways including the Turnpike, 441, and I-95, placing it within easy reach of Downtown Davie and Nova University. The existing structure is suitable for various commercial uses, including medical facilities. Alternatively, the property lends itself to residential or office development, potentially allowing for the creation of a single-family home or a boutique residential community through lot subdivision. The asking price is $1,649,232. This is a rare chance to acquire a property in a rapidly growing area with significant potential for future appreciation. The property's flexibility and strategic location make it an ideal investment for owner-users or developers seeking a prime location in Broward County.

    Property Features for 5540 64Th Ave

    General Information

    Property type
    Flex space
    Square Feet
    4,000 SF
    Lot Size
    69,696 SF

    Building Details

    Year Built
    1954

    HighLights

    • 4,000 SF flex space on 1.6‑acre lot in Davie, FL.
    • Community Facility & Residential Office zoning allows for diverse development options.
    • Prime location near major highways (Turnpike, 441, I‑95), offering easy access to Downtown Davie and Nova University.
    • $1,649,232 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Davie
    County
    Broward
    State
    Florida
    Longitude
    -80.2312975
    Latitude
    26.0519768

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    FAQs

    What type of property is this?
    Flex space - Versatile 4,000 sq ft flex space, prime Davie location.
    Where is this flex space located?
    The property is located at 5540 64Th Ave Davie, FL.
    What is the asking price?
    The asking price for this property is $1,649,232.
    What are key features of this property?
    This property features: 4,000 SF flex space on 1.6-acre lot in Davie, FL.; Community Facility & Residential Office zoning allows for diverse development options.; Prime location near major highways (Turnpike, 441, I-95), offering easy access to Downtown Davie and Nova University.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5540 64Th Ave Davie, FL 33314
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