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Property profile

1801 Ocean Dr E E Ste Hallandale Beach, FL 33009

OFF-MARKET
Investment properties
Property ID
US18-9894429
520 SF Built 1970
Entity Owned 12-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 9,354-square-foot retail space presents a unique investment opportunity in Hallandale Beach, Florida. Located on the ground floor of Imperial Towers, a luxurious 420-unit condominium complex, this single-tenant property boasts unparalleled visibility and accessibility. Situated at 1801 S Ocean Dr, in the highly desirable 33009 zip code, the property benefits from its prime location just steps from the ocean and surrounded by upscale residential and hospitality properties. This ensures a consistent flow of high-net-worth individuals and tourists, providing significant brand exposure and a strong potential customer base. The space is zoned RM-25 within Broward County (APN: 514226BB1401), making it suitable for a variety of commercial uses. The building itself consists of one structure with a single suite, offering a unique opportunity for a business seeking a prominent and easily identifiable location. The property's strategic placement within a thriving, affluent community offers unparalleled potential for success. This is an exceptional chance to establish a business in a highly sought-after location with significant foot traffic and visibility. The property's proximity to the ocean and other luxury amenities guarantees a steady stream of potential customers. Don't miss this opportunity to secure a prime commercial space in one of Hallandale Beach's most coveted areas.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1970
Construction CONCRETE
Total area 520 SF
Zoning code RM-25
APN 51-42-26-AN-0050
UPID US18-9894429

Cap rate & NOI

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

Location

1801 Ocean Dr E E Ste Hallandale Beach, FL 33009-4931
Hallandale Beach metro Census 100104 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$125k

Owner & transaction history

since 2014
2 recorded transactions
2014
$185,000
2014
$1.5M

Zoning & alternative use

RM-25 · Hallandale Beach, FL
General category RESIDENTIAL

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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