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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    138 Federal Hwy Dania Beach, FL 33004-2804

    • Retail space
    • 2,440 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimations
    $530,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-5221316
    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

    • Christa Zurich / Art Gallery

    Property Details for 138 Federal Hwy

    Year built
    1952
    Construction
    CONCRETE
    Lot size
    0.32 lot acres
    Property size
    2,440 SF
    Zone code
    CC
    Property type
    Retail space
    APN
    50-42-34-01-1660
    APU
    504234011660

    Description

    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.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $690,000
      6.5%
      $635,000
      7%
      $590,000

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $855,000
      Current use
      MEDICAL BUILDING
      $855,000
      Change: +0% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Dania Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.1433
    Latitude
    26.055
    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
    $11,852
    $251,120
    $313,960
    $565,080
    -
    $251,120
    $313,960
    $565,080

    Comparable in this City

    • Value Estimation
      $3,055,000
      14,302 SF

      1780 Stirling Rd

      RETAIL STORES (PERSONAL SERVICES) • 14,302 SF
      1780 Stirling Rd, Dania Beach, FL 33004-3113
      View Details
    • Value Estimation
      $575,000
      3,250 SF

      101 1st St

      RETAIL STORES (PERSONAL SERVICES) • 3,250 SF
      101 1st St, Dania Beach, FL 33004-2863
      View Details
    • Value Estimation by Request
      2,000 SF

      340 Dixie Hwy

      RETAIL STORES (PERSONAL SERVICES) • 2,000 SF
      340 Dixie Hwy, Dania Beach, FL 33004-4253
      View Details
    • Value Estimation
      $1,050,000
      2,643 SF

      1406 Federal Hwy

      RETAIL STORES (PERSONAL SERVICES) • 2,643 SF
      1406 Federal Hwy, Dania Beach, FL 33004-4349
      View Details
    • Value Estimation
      $760,000
      3,816 SF

      6 Federal Hwy

      RETAIL STORES (PERSONAL SERVICES) • 3,816 SF
      6 Federal Hwy, Dania Beach, FL 33004-3605
      View Details
    • Value Estimation by Request
      1,851 SF

      500 Stirling Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,851 SF
      500 Stirling Rd, Dania Beach, FL 33004-3502
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Versatile Space Near Major Highways

      3,618 SF space on 0.22-acre lot, zoned NBHD-MU.
      1000 Phippen Waiters Rd, Dania Beach, FL 33004
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      0.12 Acres

      Retail/Office Opportunity Near 101 Dania

      Retail, medical, or office space near upcoming residential development.
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      Retail Space on US-1

      Retail space on US-1 in Dania Beach for sale.
      17 S Federal Hwy, Dania Beach, FL 33004
      View Details
    • $3,800,000
      0.11 Acres

      Prime Dania Beach Investment Opportunity

      Two properties on US 1, collect rents, future development potential.
      13 N Federal Hwy, Dania Beach, FL 33004
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    • $90,000

      Turnkey Dental Practice Opportunity

      Fully equipped dental clinic for sale in thriving South Florida.
      801 S Federal Hwy, Dania Beach, FL 33004
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      Dania Beach Retail Center Investment

      Prime Dania Beach Retail Opportunity
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    Similar Nearby for Lease

    • Contact for pricing
      1,050 SF

      Retail Space Near Dania Beach

      Retail spaces available near Federal Highway and Dania Beach Casino.
      308-370 E Dania Beach Blvd, Dania, FL 33004
      View Details
    • $33 SF/Yr
      1,994 SF

      Retail Space with Open Floorplan

      Retail suites with open floor plans and 24-hour access.
      1249 Stirling Rd, Dania Beach, FL 33004
      View Details
    • $11,000 /Mo
      3,250 SF

      Retail Space in Dania Beach

      Retail location in thriving Dania Beach area with flexible space.
      101 NW 1St Ave, Dania, FL 33004
      View Details
    • $11,000 /Mo
      5,249 SF

      Retail Space in Dania Beach

      Retail location in thriving Dania Beach with flexible, open space.
      101 NE 1St St, Dania Beach, FL 33004
      View Details
    • $2,800 /Mo

      Retail Storefront on US1 Available

      750 SF retail space for rent on US1.
      212 N Federal Hwy, Dania Beach, FL 33004
      View Details
    • Contact for pricing
      1,369 SF

      Retail Space in Luxury Development

      Ground floor retail space in a new luxury development.
      4 N Federal Hwy, Dania Beach, FL 33004
      View Details
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    Dania Beach, FL 33004-2804
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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