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    128 1 Ave Hallandale Beach, FL 33009

    Sponsored
    For Lease
    $25 SF/Yr

    Prime Location, Versatile 1200 sq ft.

    Lot size:
    1,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,200-square-foot commercial property, located at 128 NE 1st Ave in Hallandale Beach, Florida (33009), presents a unique investment opportunity. The single-tenant building, zoned CENTRAL (APN: 514227040120), boasts a flexible layout ideal for a variety of uses. Envision a restaurant, bar, retail space, warehouse, art studio, yoga studio, or gym – the possibilities are virtually limitless. The property features a single story building with four parking spaces, ensuring ample convenience for both employees and customers. Its prime location offers exceptional visibility and accessibility, placing it in close proximity to Aventura Mall, Gulfstream Mall, the Casino, and Hallandale's vibrant Art and Fashion District. The monthly lease price is $2,600 plus sales tax. Security deposit, first month's rent, and last month's rent are required. The property is readily available for showings. This is a rare chance to acquire a versatile commercial space in a thriving South Florida location.

    Property Features for 128 1 Ave

    General Information

    Property type
    Specialty properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,200 SF

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    1,200 SF
    Rate per SF
    $25
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hallandale Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.1474817
    Latitude
    25.9874725

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    FAQs

    What type of property is this?
    Specialty property - Prime Location, Versatile 1200 sq ft.
    Where is this specialty property located?
    The property is located at 128 1 Ave Hallandale Beach, FL.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    Request Owner's contact information
    128 1 Ave Hallandale Beach, FL 33009
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    Hallandale Beach, FL 33009
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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
    128 1 Ave Hallandale Beach, FL 33009
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