3960 Hallandale Bch Blvd Pembroke Park, FL 33023
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.