213 Hallandale Bch Blvd Hallandale Beach, FL 33009
- Office buildings
- 1,295 SF
- 0.07 lot acres
Current Use by Public Records
- Office buildings
Property Details for 213 Hallandale Bch Blvd
- Year built
- 1952
- Construction
- CONCRETE
- Lot size
- 0.07 lot acres
- Property size
- 1,295 SF
- Zone code
- CENTRAL RAC
- Property type
- Office buildings
- APN
- 51-42-27-30-0390
- APU
- 514227300390
Description
This exceptional commercial property, located at 213 E Hallandale Beach Blvd in Hallandale Beach, Florida, presents a unique investment opportunity. The 3,000 square foot lot, built in 1952, boasts a 1,300 square foot building and offers six convenient parking spaces – four in front and two in the rear. Its prime location directly on Hallandale Beach Boulevard ensures exceptional visibility, with over 30,000 vehicles passing daily. Just one block from US-1 and five minutes from I-95, this property enjoys unparalleled access to major transportation arteries. The zoning allows for the construction of a building up to ten stories high, offering significant potential for future development. The surrounding area is thriving, featuring a mix of retail businesses, service providers, and medical offices, creating a vibrant and safe environment. The property's high visibility and convenient access make it ideal for a variety of commercial uses, including restaurants and bars, as indicated by its current zoning. The asking price is $880,000, and the seller is motivated. This is a rare chance to acquire a highly visible and strategically located commercial property in a high-demand area of Hallandale Beach. Don't miss this opportunity!
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $210,000
- 6.5%
- $195,000
- 7%
- $195,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $210,000
- Geo Method
- $200,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $195,000
- Retail
- $240,000
- Mixed-Use
- $225,000
- Hospitality
- $215,000
- Educational
- $200,000
- Residential Income
- $230,000
- Energy
- $195,000
- Income-Based Land
- $200,000
- Food Service
- $200,000
Location Insight
- Map
- Local Demand
- City
- Hallandale Beach
- County
- Broward
- State
- Florida
- Longitude
- -80.1464
- Latitude
- 25.9858
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
