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Property profile & analytics
OFF-MARKET
Investment properties

1950 Ocean Dr 3L Hallandale Beach, FL 33009-5940

620 SF Built 1971
Entity Owned Absentee Owner Free & Clear
Property ID
US18-5929930
Property summary
AI-generated overview

This exceptional retail opportunity is located in the highly desirable Hemispheres condo complex at 1950 S Ocean Dr, Hallandale Beach, FL 33009. Situated on Ocean Drive, this single-tenant space boasts high visibility and significant foot traffic, ensuring maximum exposure for your business. The 382 square foot unit is part of a thriving community encompassing four buildings with 1,298 residential units, providing a built-in customer base. Amenities within the complex include a law office, two convenience stores, two restaurants, a real estate office, and a snack bar, further enhancing the location's appeal. The property's zoning is RM-25, and its APN is 514226BH0020. Convenient access to major roads and highways ensures easy commutes for employees and clients alike. This is an ideal location for a variety of retail businesses seeking high visibility and a strong customer base in a vibrant coastal community. The property is easily accessible and benefits from excellent signage opportunities. This space presents a unique chance to establish a successful business in a prime Hallandale Beach location. Don't miss this opportunity to secure a retail space in this sought-after complex.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1971
Construction CONCRETE
Total area 620 SF
Zoning code RM-25
APN 51-42-26-BH-0030
UPID US18-5929930
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
HEMISPHERES CONDOMINIUM ASSC
HEMISPHERES CONDOMINIUM ASSC
Zoning & alternative use
RM-25 · Hallandale Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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