3960 Hallandale Bch Blvd Pembroke Park, FL 33023
- Office Properties & Spaces
Current Use by Public Records
- Office Properties & Spaces
Property Details for 3960 Hallandale Bch Blvd
- Year built
- 1967
- Property type
- Office Properties & Spaces
Description
This exceptional investment opportunity presents a 1,801 sq ft office building situated on two lots totaling 16,875 sq ft in Pembroke Park, Florida. Located at 3960 W Hallandale Beach Boulevard, zip code 33023, this property boasts a highly desirable B-1 zoning classification. Currently operating as a restaurant with limited hours (20 hours/week, five days a week), it still generates a substantial annual profit of $194,000. Built in 1967, the property offers significant redevelopment potential. The B-1 zoning allows for up to 80% lot coverage and buildings up to 100 feet tall, opening doors to a wide range of possibilities. Investors can continue operating the existing profitable restaurant or explore diverse options, including retail stores, personal services, or other commercial ventures. This prime location in Broward County presents a unique chance to capitalize on significant growth potential. The asking price is $1,799,000. The property consists of one unit.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pembroke Park
- County
- Broward
- State
- Florida
- Longitude
- -80.1823
- Latitude
- 25.9842
