1950 Ocean Dr 3L Hallandale Beach, FL 33009-5940
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RM-25 · Hallandale Beach, FLHallandale Beach. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.