Property profile

138 Federal Hwy Dania Beach, FL 33004

OFF-MARKET
Retail space
Property ID
US18-5221316
2,440 SF 0.32 ac lot Built 1952
Entity Owned 23-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 2,800 square foot retail space is ideally situated on US1/Federal Highway, boasting excellent visibility and accessibility. Currently configured as an upholstery shop, the property offers a single-tenant occupancy with ample on-site parking, catering to both customers and employees. The zoning designation is CC, providing flexibility for a variety of retail uses. The property's prominent location on a major thoroughfare ensures high traffic volume, maximizing exposure for any business. The building features a single suite, simplifying management and operational efficiency. The property is offered as a Triple Net (NNN) lease, meaning the tenant is responsible for property taxes, insurance, and maintenance, minimizing the landlord's ongoing expenses. The Assessed Parcel Number (APN) is 504234011660. This presents a unique opportunity for a business seeking a high-visibility location with convenient parking in a thriving commercial area. The existing tenant's upholstery business demonstrates the suitability of the space for a variety of retail ventures. This turnkey property is ready for immediate occupancy and offers significant potential for growth and profitability. Serious inquiries are encouraged.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1952
Construction CONCRETE
Total area 2,440 SF
Lot 0.32 ac (13,951 SF)
Zoning code CC
APN 50-42-34-01-1660
UPID US18-5221316

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Art Gallery

Location

138 Federal Hwy Dania Beach, FL 33004-2804
Dania Beach metro Census 80102 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$635k
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

Zoning & alternative use

CC · Dania Beach, FL
Zoning description

To establish a mixed-use downtown with transit supportive densities and intensities where citizens can work, live, and shop in the economic, governmental, entertainment and cultural focal point

General category MIXED_USE
Top alternative use upside
Medical building $855,000 +0.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 138 Federal Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message