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    5000 64Th Ave Davie, FL 33314

    Sponsored
    For Sale
    $5,995,000

    Prime Davie location, mixed-use zoning, development-ready.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4-acre commercial property at 5000 SW 64th Ave in Davie, Florida, presents a remarkable investment opportunity. Zoned B-2, this land allows for a diverse range of uses, including office, medical space, retail, banking, restaurants, health clubs, and even movie theaters. The property boasts an impressive 350 feet of frontage on Davie Road, ensuring high visibility and accessibility. Built in 1949, this site is primed for redevelopment. Detailed renderings, plans, and approvals are readily available for a substantial 168,000 square foot commercial condominium or medical arts building. Its strategic location offers unparalleled convenience, situated just 9 miles from Fort Lauderdale Airport, approximately 2 miles south of I-595, and west of the Turnpike. The property benefits from close proximity to the Hard Rock Seminole Casino, a new hospital on University Drive, and numerous schools and colleges. The asking price for this exceptional property is $5,995,000. This is a rare chance to acquire a large, versatile parcel in a thriving area of Broward County, with existing plans ready to expedite the development process. Don't miss this opportunity to capitalize on the potential of this prime commercial real estate. The zip code is 33314.

    Property Features for 5000 64Th Ave

    General Information

    Property type
    Specialty properties

    Building Details

    Year Built
    1949
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office 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
    Davie
    County
    Broward
    State
    Florida
    Longitude
    -80.2317514
    Latitude
    26.0598416

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    FAQs

    What type of property is this?
    Specialty property - Prime Davie location, mixed-use zoning, development-ready.
    Where is this specialty property located?
    The property is located at 5000 64Th Ave Davie, FL.
    What is the asking price?
    The asking price for this property is $5,995,000.
    Request Owner's contact information
    5000 64Th Ave Davie, FL 33314
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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
    5000 64Th Ave Davie, FL 33314
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