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    707 Dixie Hwy Hallandale Beach, FL 33009

    Sponsored
    For Sale
    $2,860,000

    High-traffic location, established business included.

    Property size:
    4,850 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Exceptional investment opportunity in Hallandale Beach, Florida, presents a 4,850 square foot warehouse ideally situated on a 13,753 square foot lot with direct frontage on North Dixie Highway. This single-tenant, Class C industrial property boasts 15-foot high ceilings and two street-level roll-up doors, enhancing functionality and accessibility. The building also includes a well-maintained office area complete with a waiting room. Currently operating at 100% occupancy, the property generates a pro-forma NOI of $200,000, representing a 6.99% pro-forma cap rate on the $2,860,000 asking price. The $589.69 per square foot price reflects the property's prime location and unique features. Zoned Central RAC, the property's permitted uses are diverse, encompassing office, retail, multifamily, and restaurant possibilities. A significant advantage is its grandfathered approval for auto collision, mechanic, and auto dealership operations, a rare and highly desirable attribute in this market. The sale encompasses the business value, licenses, equipment, and inventory, providing a seamless transition for the new owner. This fully fenced property presents a turnkey operation with immediate income potential. The building was constructed in 1965 and is located in Broward County, Florida, zip code 33009.

    Property Features for 707 Dixie Hwy

    General Information

    Property type
    Distribution properties
    Square Feet
    4,850 SF
    Class
    C

    Building Details

    Year Built
    1965
    Buildings
    1
    Units
    1

    HighLights

    • High‑traffic location on Dixie Highway, Hallandale Beach, Florida.
    • 4,850 SF warehouse with fully fenced yard on a 13,753 SF lot.
    • Established business included with all necessary licenses, equipment, and inventory.
    • $2,860,000 asking price; 6.99% pro‑forma cap rate; $200,000 pro‑forma NOI.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    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
    -80.1489732
    Latitude
    25.9932567

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    FAQs

    What type of property is this?
    Distribution property - High-traffic location, established business included.
    Where is this distribution property located?
    The property is located at 707 Dixie Hwy Hallandale Beach, FL.
    What is the asking price?
    The asking price for this property is $2,860,000.
    What are key features of this property?
    This property features: High-traffic location on Dixie Highway, Hallandale Beach, Florida.; 4,850 SF warehouse with fully fenced yard on a 13,753 SF lot.; Established business included with all necessary licenses, equipment, and inventory.
    Request Owner's contact information
    707 Dixie Hwy 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
    707 Dixie Hwy Hallandale Beach, FL 33009
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