Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    213 Sheridan St Dania Beach, FL 33004-4607

    • Office buildings
    • 5,012 SF
    • 0.33 lot acres
    OFF-MARKET
    Value Estimations
    $1,500,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-0473463
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Royal Danish Consulate / Foreign Consulate
    • Extended Life Wellness Center / Medical Clinic
    • Awesome Aura Massage & Skin Care / Massage Therapist / Acupuncture Clinic
    • Assouline & Berlowe, P.A. / Bankruptcy Attorney / Bankruptcy Service
    • Popowitz Greg M / Patent Attorney

    Property Details for 213 Sheridan St

    Year built
    1985
    Construction
    CONCRETE
    Lot size
    0.33 lot acres
    Property size
    5,012 SF
    Zone code
    C-2
    Property type
    Office buildings
    APN
    51-42-03-07-0701
    APU
    514203070701

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $2,280,000
      Current use
      COMMERCIAL (GENERAL)
      $2,435,000
      Change: +7% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $2,305,000
      Change: +1% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Dania Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.1403
    Latitude
    26.034
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $22,755
    $171,160
    $912,620
    $1,083,780
    -
    $171,160
    $912,620
    $1,083,780

    Comparable in this City

    • Value Estimation
      $44,675,000
      224,593 SF

      1855 Griffin Rd

      OFFICE BUILDING (MULTI-STORY) • 224,593 SF
      1855 Griffin Rd, Dania Beach, FL 33004-2200
      View Details
    • Value Estimation
      $840,000
      2,540 SF

      100 Dania Bch Blvd

      OFFICE BUILDING (MULTI-STORY) • 2,540 SF
      100 Dania Bch Blvd, Dania Beach, FL 33004-3026
      View Details
    • Value Estimation by Request
      814 SF

      34 1st Ave

      OFFICE BUILDING • 814 SF
      34 1st Ave, Dania Beach, FL 33004-2811
      View Details
    • Value Estimation
      $745,000
      2,209 SF

      250 Dania Bch Blvd

      PROFESSIONAL BUILDING • 2,209 SF
      250 Dania Bch Blvd, Dania Beach, FL 33004-3027
      View Details
    • Value Estimation
      $1,165,000
      6,193 SF

      101 1st St

      OFFICE BUILDING (MULTI-STORY) • 6,193 SF
      101 1st St, Dania Beach, FL 33004-3628
      View Details
    • Value Estimation
      $8,440,000
      32,048 SF

      225 Dania Bch Blvd, Unit 255

      OFFICE BUILDING (MULTI-STORY) • 32,048 SF
      225 Dania Bch Blvd, Dania Beach, FL 33004-3046
      View Details

    Similar Nearby for Sale

    • $2,400,000

      Commercial Land with Existing Triplex

      19,974 SF land with 2,664 SF triplex for sale.
      1409 S Federal Hwy, Dania Beach, FL 33004
      View Details
    • $450,000

      Prime Dania Beach Executive Office

      Thriving Pet Business, E2 Visa Eligible
      0 Playa Dania, Dania Beach, FL 33004
      View Details
    • $3,225,000

      Dania Beach Mixed-Use Gem

      Historic Charm, Modern Luxury
      2 Federal Hwy, Dania Beach, FL 33004
      View Details
    • $4,000,000

      Dania Beach Mixed-Use Investment

      Prime Dania Beach location, high ROI potential.
      50 Federal Hwy, Dania Beach, FL 33004
      View Details
    • $925,000

      Prime Dania Beach Office Building

      Five-Unit Office, Renovated, High ROI
      24 13Th St, Dania Beach, FL 33004
      View Details
    • $950,000
      2,021 SF

      Dania Beach Commercial Gem

      Prime Retail/Office Space, $950K
      115 1St Ct, Dania Beach, FL 33004
      View Details

    Similar Nearby for Lease

    • $35 SF/Yr
      4,332 SF

      Downtown Office Space with Views

      Office space for rent with downtown views and security.
      200 SW 1St Ave, Dania, FL 33004
      View Details
    • Contact for pricing
      3,102 SF

      Art Deco Building in Dania

      Freestanding Art Deco building suitable for offices or retail.
      49 N Federal Hwy, Dania, FL 33004
      View Details
    • $1,575 /Mo
      9,300 SF

      Dania Beach Retail or Office

      Mixed-use space ideal for retail or office with parking.
      45 NE 1St Ave, Dania Beach, FL 33004
      View Details
    • $3,500 /Mo

      Office Space in East Hollywood

      Office space within a law firm, ideal for professionals.
      45 E Sheridan St, Dania Beach, FL 33004
      View Details
    • $23 SF/Yr
      2,054 SF

      Dania Beach Free-Standing Office Space

      Free-standing office space with high traffic exposure in Dania Beach.
      220 SW 16Th St, Dania Beach, FL 33004
      View Details
    • Contact for pricing
      3,000 SF

      Dania Beach Office Space For Lease

      Prime Dania Beach location, 3,000 sq ft office.
      200 Dania Beach Blvd, Dania Beach, FL 33004
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    213 Sheridan St
    Dania Beach, FL 33004-4607
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.