Property profile

1595 89th Ter Pembroke Pines, FL 33024

OFF-MARKET
Day care centers
Property ID
US18-3788408
7,109 SF 0.95 ac lot Built 1976
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a single-story, mixed-use building totaling 2,500,000 dollars, ideally situated in the heart of Pembroke Pines, Florida. Constructed in 1977, the property is located at 1595 NW 89th Ter, Pembroke Pines, FL 33024, in Broward County. Its classification as a mixed-use, special purpose property, specifically a school, offers a unique potential for various redevelopment or repurposing strategies. The building's prime location within Pembroke Pines ensures high visibility and accessibility, making it an attractive proposition for investors seeking a strong return on investment. The property's single-story design simplifies operational management and potential renovations. The asking price of $2,500,000 reflects the property's significant potential and strategic location within a thriving community. This is a rare chance to acquire a substantial mixed-use property in a desirable area, presenting a compelling opportunity for both immediate income generation and long-term appreciation. Serious inquiries are encouraged to explore the full potential of this unique offering. Further details regarding the property's square footage and zoning are available upon request. The property is currently available for purchase.

Property profile

Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1976
Construction CONCRETE
Total area 7,109 SF
Lot 0.95 ac (41,421 SF)
Zoning code (B-2)
APN 51-41-08-01-0071
UPID US18-3788408

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
  • High School Daycare Center

Location

1595 89th Ter Pembroke Pines, FL 33024-4677
Pembroke Pines metro Census 110311 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.70M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.13M
Blend (final) Blend
$1.70M

Owner & transaction history

since 2024
Last sale
$1.7M
5 recorded transactions
2024
$1.7M
2021
$1.6M
2020
$1.0M
2003
$675,000
1997
$1.3M

Zoning & alternative use

(B-2) · Pembroke Pines, FL
Top alternative use upside
Medical building $2.5M +11.9%

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
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