801 Federal Hwy Dania Beach, FL 33004

This exceptional Dania Beach, FL shopping center presents a compelling value-add opportunity. Located at 801 S Federal Hwy, this 11,000 square foot property boasts 12 tenants under corporate guarantees, offering a stable income stream with a current NOI of $240,000 and a 6.00% cap rate. The pro-forma NOI projects to $288,834, representing a 7.00% pro-forma cap rate. Built in 1976, the property consists of two single-story buildings on a 0.72-acre lot, with ample parking (2 spaces per unit). The property features 18 units and is currently 100% occupied with rent bumps available. The SFED-MU zoning allows for significant future development potential. The asking price is $3,999,999, translating to $363.64 per square foot. This multi-tenant retail investment offers a strong current return with significant upside potential for future growth. The property's prime location in Dania Beach ensures high visibility and consistent foot traffic. This is a rare opportunity to acquire a well-performing asset with substantial long-term growth prospects.