Hallandale Beach Commercial
For Sale
Contact for pricing
925 Old Federal Hwy, Hallandale Beach, FL 33009
3,500 SF commercial building in prime location.
Property Size3,450 SF
Price / SF$398.55
Days on Market1003
Property Features for 925 Old Federal Hwy
General Information
Standard status
Active
Size
3,450 SF
Property subtype
Retail
Listing Agency:
NIVGlobal RE
Listed By:
Niv Y. Habari · License #FL 3011847
(954) 394-8977
Source:
Crexi
Added: Jan 16, 2024
Changed: Oct 11
Last Checked: Oct 12 at 6:37PM
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 NIVGlobal RE
Investment Insights
Based on property information with market context.
This one-story building offers over 3,500 square feet of space, featuring 1,000 square feet of office space and three storefront units, each measuring 750 square feet. Situated in a commercial and residential area, the property is positioned to benefit from ongoing commercial and residential development, with potential for property value appreciation. The location provides convenient access to Biscayne Boulevard, Dixie Highway, Hallandale and Hollywood Beaches, Gulfstream Casino & Racing, and Aventura Mall. The property is suitable for both owner-users and investors.
Key Highlights
- 6%-7% CAP Rate
- Prime Location in a Growing Commercial & Residential Market
- 3,500 sq ft One‑Story Building Suitable for Owner‑User or Investors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,337
Cap Rate
4.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,166,740
$1.2M
Cap Rate 7%
$833,386
$833.4K
Cap Rate 9%
$648,189
$648.2K
Market Conditions
NOI Build-Up for 3,450 SF
Gross rent
$91.1K $26.40/SF
− Vacancy
−$7.7K −$2.24/SF
EGI
$83.3K $24.16/SF
− OpEx
−$25.0K −$7.25/SF
NOI
$58.3K $16.91/SF
Area
Broward County, FL
Vacancy
8.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,166,740
Cap Rate 7%
$833,386
Cap Rate 9%
$648,189
Alternative Uses
Best Use
Retail
$833.4K
$729.2K – $972.3K
NOI $58,337 @ 7.0% cap · market cap 4.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.75M
$1.53M – $2.04M
NOI $122,523 @ 7.0% cap · market cap 8.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,533
Businesses Nearby
159k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 57%
Shops & Services 40%
Electronics 3%
McDonald's
Dining
28,344 visits/mo
0.4 miles
Chevron
Shops & Services
25,507 visits/mo
0.4 miles
Flanigan's Seafood Bar & Grill
Dining
23,975 visits/mo
0.4 miles
Mobil
Shops & Services
15,923 visits/mo
0.4 miles
Pollo Tropical
Dining
13,501 visits/mo
0.4 miles
Demographics for 33009, FL
43,301
Population
31,020
Households
1.4
Avg Household Size
47
Median Age
36%
College-Educated
88%
High-School Grad
4.9 sq mi
ZIP Area
8,837
Density / Sq Mi
$48,196
Median Household Income
$33,928
Median Earnings
$1,576
Median Rent
$248,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Storefront property - 3,500 SF commercial building in prime location.
Where is this storefront property located?
The property is located at 925 Old Federal Hwy Hallandale Beach, FL.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: 6%-7% CAP Rate; Prime Location in a Growing Commercial & Residential Market; 3,500 sq ft One‑Story Building Suitable for Owner‑User or Investors
