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    Property profile & analytics

    219 3rd St Hallandale Beach, FL 33009-3402

    • Turn key restaurants
    • 14,520 SF
    • 0.97 lot acres
    OFF-MARKET
    Value Estimation
    $3,855,000
    Last Sale
    Jun 01, 2021
    $3,300,000
    Location Intelligence
    Property ID
    US18-0923860
    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

    • Turn key restaurants

    Property Details for 219 3rd St

    Year built
    2020
    Construction
    CONCRETE
    Lot size
    0.97 lot acres
    Property size
    14,520 SF
    Zone code
    CENTRAL RAC
    Property type
    Turn key restaurants
    APN
    51-42-22-31-0050
    APU
    514222310050

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,210,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,115,000
      6.5%
      $3,590,000
      7%
      $3,175,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,740,000
      Geo Method
      $3,555,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,570,000
      Retail
      $2,975,000
      Mixed-Use
      $2,825,000
      Hospitality
      $2,645,000
      Educational
      $2,740,000
      Residential Income
      $2,920,000
      Energy
      $3,160,000
      Income-Based Land
      $3,080,000
      Food Service
      $3,280,000

    Location Insight

    • Map
    • Local Demand
    City
    Hallandale Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.1461
    Latitude
    25.9895
    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
    $81,533
    $465,430
    $3,568,160
    $4,033,590
    -
    $465,430
    $3,568,160
    $4,033,590

    Comparable in this City

    • Value Estimation by Request
      17,879 SF

      111 Surf Rd

      RESTAURANT • 17,879 SF
      111 Surf Rd, Hallandale Beach, FL 33009-2796
      View Details
    • Value Estimation
      $375,000
      1,775 SF

      709 Hallandale Bch Blvd

      RESTAURANT • 1,775 SF
      709 Hallandale Bch Blvd, Hallandale Beach, FL 33009-5332
      View Details
    • Value Estimation by Request
      5,182 SF

      124 Federal Hwy

      RESTAURANT • 5,182 SF
      124 Federal Hwy, Hallandale Beach, FL 33009-5507
      View Details
    • Value Estimation
      $300,000
      720 SF

      1050 Pembroke Rd

      RESTAURANT • 720 SF
      1050 Pembroke Rd, Hallandale Beach, FL 33009-2130
      View Details
    • Value Estimation by Request
      4,336 SF

      3190 Hallandale Bch Blvd

      RESTAURANT • 4,336 SF
      3190 Hallandale Bch Blvd, Hallandale, FL 33009-5145
      View Details
    • Value Estimation by Request
      6,793 SF

      906 Hallandale Bch Blvd

      RESTAURANT • 6,793 SF
      906 Hallandale Bch Blvd, Hallandale Beach, FL 33009-4428
      View Details

    Similar Nearby for Sale

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      Pizzeria with wine and beer license in Hallandale Beach.
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    • $300,000

      Turnkey Convenience Store and Restaurant

      Established convenience store and restaurant in high-traffic area for sale.
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    Similar Nearby for Lease

    • $0.01 SF/Yr
      36,000 SF

      Hallandale Beach Office Suites

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    • $35 SF/Yr

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      Retail building suitable for various businesses near I-95.
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    • $45 SF/Yr
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      Class A mixed-use, prime location.
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    • Contact for pricing
      5,955 SF

      Hallandale Beach Retail Spaces Available

      Prime Retail, Multiple Units, Broward County
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      View Details
    • Contact for pricing
      22,250 SF

      Hallandale Beach Retail Center

      Prime Retail Space Available, High Visibility
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    • $21 SF/Yr
      2,221 SF

      Hallandale Retail Space Available

      Retail space available for lease in Hallandale, Florida.
      2940 Country Club Ln, Hallandale, FL 33009
      View Details
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    Hallandale Beach, FL 33009-3402
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    Realmo Value Estimation

    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.

    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.

    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
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