Property profile

2 Federal Hwy Dania Beach, FL 33004

OFF-MARKET
Investment properties
Property ID
US18-4568853
6,450 SF 0.23 ac lot Built 1930
Entity Owned 19-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional seven-story mixed-use development in Dania Beach, Florida, presents a unique investment opportunity. Located at 2 S Federal Highway, this property seamlessly blends the preserved historic facade of the original 1930s two-story brick building with a sleek, modern five-story addition. The 10,092 square foot lot, zoned City Center (CC), allows for a dynamic mix of residential and commercial uses. The ground floor offers spacious commercial space, ideal for retail or restaurants, benefiting from high visibility and foot traffic on South Federal Highway. Upper floors feature a mix of one, two, and three-bedroom residential units, each equipped with modern kitchens, stainless steel appliances, and many with private balconies or terraces. Building amenities include a rooftop terrace, fitness center, and swimming pool. Office spaces on floors two and three provide flexible layouts suitable for various businesses. The property also includes a rear parking lot with ample spaces and EV charging stations. This prime location offers easy access to major highways, Fort Lauderdale-Hollywood International Airport, and nearby attractions. Owner financing is available. This property represents a strong investment with high demand and long-term value potential due to its prime location, unique architectural design, and diverse income streams. The blend of historic charm and modern luxury creates a highly desirable location for both residents and businesses. The property's strategic location in the heart of Dania Beach ensures high visibility and accessibility, making it an attractive investment for those seeking a mixed-use property in a thriving area.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1930
Construction CONCRETE
Total area 6,450 SF
Lot 0.23 ac (10,092 SF)
Zoning code CC
APN 50-42-34-01-3180
UPID US18-4568853

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
  • Hardware & Home Improvement Construction Company
  • Interior Design Home Decor Store
  • (Bike/Boat/Book/etc) Store Home Decor Store
  • Construction Company General Contractor

Location

2 Federal Hwy Dania Beach, FL 33004-3605
Dania Beach metro Census 80102 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.71M
Comparable Approach Comparable
$826k
Blend (final) Blend
$430k

Owner & transaction history

since 2006
1 recorded transaction
2006
$1.1M

Zoning & alternative use

CC · Dania Beach, FL
Zoning description

To establish a mixed-use downtown with transit supportive densities and intensities where citizens can work, live, and shop in the economic, governmental, entertainment and cultural focal point

General category MIXED_USE

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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