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    Property profile & analytics

    1300 University Dr Pembroke Pines, FL 33024

    • Retail space
    • 5,843 SF
    • 0.48 lot acres
    For Lease
    View listing
    $0.05 SF/Yr
    Value Estimation
    $1,540,000
    Last Sale
    Mar 03, 2022
    $1,680,000
    Location Intelligence
    Property ID
    US18-4148911
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • All in One Smoke Shop / Cigar Shop / Hookah Store

    Property Details for 1300 University Dr

    Year built
    1972
    Construction
    CONCRETE
    Lot size
    0.48 lot acres
    Property size
    5,843 SF
    Zone code
    (B-2)
    Property type
    Retail space
    APN
    51-41-09-04-0010
    APU
    514109040010

    Description

    This exceptional 5,843 square foot free-standing retail building is ideally situated in the heart of Pembroke Pines, Florida. Boasting a highly visible location between Denny's, Popeyes, and McDonald's, this single-tenant property offers unparalleled exposure and accessibility. The building features a total of 28 parking spaces, ensuring ample convenience for customers and employees. Currently configured with a restaurant space complete with existing appliances and kitchen equipment (though the hood requires replacement), and a smoke shop (lease expiring January 31, 2025), this property presents a versatile opportunity for a variety of businesses. The zoning designation is B-2. The property's address is 1300 N University Dr, and its APN is 514109040010. This one-story building presents a unique chance to establish a thriving business in a high-traffic area with significant brand recognition nearby. The property is zoned for B-2 commercial use. The building consists of a single suite, offering a cohesive and efficient layout. This is a rare opportunity to acquire a well-located, established retail space in a thriving commercial corridor.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,410,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,615,000
      6.5%
      $1,525,000
      7%
      $1,600,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,575,000
      Geo Method
      $1,570,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,570,000
      Retail
      $1,770,000
      Mixed-Use
      $1,925,000
      Hospitality
      $1,805,000
      Educational
      $1,600,000
      Residential Income
      $1,845,000
      Energy
      $2,020,000
      Income-Based Land
      $1,740,000
      Food Service
      $1,950,000

    Location Insight

    • Map
    • Local Demand
    City
    Pembroke Pines
    County
    Broward
    State
    Florida
    Longitude
    -80.249
    Latitude
    26.0202
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $29,724
    $311,700
    $1,061,630
    $1,373,330
    -
    $311,700
    $1,061,630
    $1,373,330

    Comparable in this City

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    • Value Estimation by Request
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      6820 Stirling Rd, Unit 6866

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      6661 Taft St

      RETAIL STORES (PERSONAL SERVICES) • 4,303 SF
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      $490,000
      780 SF

      9620 Stirling Rd, Unit 108

      RETAIL STORES (PERSONAL SERVICES) • 780 SF
      9620 Stirling Rd, Hollywood, FL 33024-8081
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    • Value Estimation by Request
      8,274 SF

      6900 Stirling Rd, Unit 6926

      RETAIL STORES (PERSONAL SERVICES) • 8,274 SF
      6900 Stirling Rd, Hollywood, FL 33024-1839
      View Details
    • Value Estimation by Request
      7,679 SF

      2750 University Dr, Unit 2790

      RETAIL STORES (PERSONAL SERVICES) • 7,679 SF
      2750 University Dr, Hollywood, FL 33024-2546
      View Details

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    1300 University Dr
    Pembroke Pines, FL 33024
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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