1405 10th St Dania Beach, FL 33004-2342
- Assisted living facilities
- 1,558 SF
- 0.34 lot acres
Current Use by Public Records
- Cerebal Palsy Adult Home Inc / Assisted Living Facility
Property Details for 1405 10th St
- Year built
- 1964
- Construction
- CONCRETE
- Lot size
- 0.34 lot acres
- Property size
- 1,558 SF
- Zone code
- RS-6000
- Property type
- Assisted living facilities
- Property subtype
- Retirement homes
- APN
- 50-42-33-23-0020
- APU
- 504233230020
Description
This exceptional Dania Beach investment property presents a unique redevelopment opportunity. Situated on a 15,000 sq ft lot, the property includes two buildings, each one story, totaling two units. Built in 1974, the existing structures offer 7 bedrooms and 5 bathrooms, previously operating as a convalescent home. The property boasts 150 feet of waterfront access with ocean access via a single fixed bridge, and a large parking area. Commercial kitchen equipment is included. The property is zoned RES-Commercial, allowing for diverse development options. Located in Maleleuca, a convenient area near Fort Lauderdale/Hollywood International Airport (5 minutes away), beaches, shops, and restaurants, this location offers high potential. The seller is open to owner financing and joint venture opportunities. Consider this prime location for upscale residential development, a pilot/crush pad, boat crew housing, or a therapeutic office. This 1031 exchange eligible property is priced at $1,900,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,065,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,105,000
- 6.5%
- $1,120,000
- 7%
- $1,150,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,015,000
- Geo Method
- $1,160,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,125,000
- Retail
- $1,125,000
- Mixed-Use
- $870,000
- Hospitality
- $965,000
- Educational
- $1,055,000
- Residential Income
- $875,000
- Energy
- $850,000
- Income-Based Land
- $1,035,000
- Food Service
- $1,090,000
Location Insight
- Map
- Local Demand
- City
- Dania Beach
- County
- Broward
- State
- Florida
- Longitude
- -80.1557
- Latitude
- 26.0628
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
