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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    351 SW 136Th Ave Davie, FL 33325

    • Investment properties
    • 24,215 SF
    • 1.30 lot acres
    For Lease
    View listing
    $27 SF/Yr
    Last Sale
    Mar 25, 2025
    $4,900,000
    Value Estimations
    $5,330,000
    Cap Rate Potential
    4.9%
    Investment properties
    Location Intelligence
    Property ID
    US18-2516182
    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

    • Investment properties

    Property Details for 351 SW 136Th Ave

    Year built
    2008
    Construction
    CONCRETE
    Lot size
    1.30 lot acres
    Property size
    24,215 SF
    Zone code
    B-2
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    50-40-10-10-0020
    APU
    504010100020

    Description

    This exceptional single-tenant office building, located at 351 SW 136th Avenue, presents a unique investment opportunity. The property is zoned B-2 and boasts a substantial 20,155 square feet of space, all within a single suite (Unit 205). The building's layout is highly functional, featuring nine individual offices and a dedicated conference room, ideal for a variety of business needs. The 3,000 square foot unit is immediately available. A significant advantage is the ample on-site parking, a valuable asset for employees and clients alike. The property's special purpose designation and single-tenant occupancy offer streamlined management and predictable income streams. The property's APN is 504010100020. This is a rare opportunity to acquire a well-maintained, functional office building in a desirable location. The building's size and configuration make it suitable for a range of businesses seeking a self-contained and efficient workspace. The immediate availability allows for quick occupancy and a rapid return on investment. Serious inquiries are encouraged to explore this compelling opportunity further. The property is offered as-is.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $5,540,000
      ML approach
      $5,975,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $4,550,000
      6.5%
      $4,200,000
      7%
      $3,900,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $7,220,000
      Market price range: $2.07M - $11.8M

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

    Location Insight

    • Map
    • Local Demand
    City
    Davie
    County
    Broward
    State
    Florida
    Longitude
    -80.3308
    Latitude
    26.1154
    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
    $0.00
    $691,970
    $3,944,510
    $4,636,480
    -
    $691,970
    $3,944,510
    $4,636,480

    Comparable in this City

    • Value Estimation
      $6,055,000
      18,567 SF

      12331 3rd St

      STORE/OFFICE (MIXED USE) • 18,567 SF
      12331 3rd St, Plantation, FL 33325-2818
      View Details
    • Value Estimation
      $1,060,000
      4,991 SF

      771 121st Ave

      STORES & APARTMENTS • 4,991 SF
      771 121st Ave, Davie, FL 33325-3803
      View Details
    • Value Estimation
      $745,000
      2,958 SF

      13720 14th St

      STORES & APARTMENTS • 2,958 SF
      13720 14th St, Davie, FL 33325-6027
      View Details
    • Value Estimation by Request
      154,020 SF

      11352

      Investment properties • 154,020 SF
      11352, Davie, FL 33325
      View Details
    • Value Estimation by Request
      12,788 SF

      Undisclosed St

      Lifestyle centers • 12,788 SF
      0 Undisclosed St, Davie, FL 33325
      View Details
    • Value Estimation
      $1,440,000
      21,550 SF

      2550 Flamingo Rd

      DAY CARE, PRE-SCHOOL • 21,550 SF
      2550 Flamingo Rd, Davie, FL 33325-5616
      View Details

    Similar Nearby for Sale

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      Davie, FL Business Opportunity

      Profitable Shipping & Packing Business - High Traffic Area
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      Davie Mixed-Use Industrial Property

      Prime Davie location, 38,000 sq ft, 81 parking spaces.
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      Davie Land Opportunity

      4.45 acres in prime Davie location.
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    • $6,300,000
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      Davie Office Building: Prime Location

      100% Leased, Two-Story Office Building
      351 136Th Ave, Davie, FL 33325
      View Details
    • Contact for pricing
      1.30 Acres

      Davie Office Space: 3,000 sq ft

      Prime Davie office, 3,000 sq ft, 9 offices, conference room.
      351 136Th Ave, Davie, FL 33325
      View Details
    • Contact for pricing

      Warehouse/Office Space Near Highway

      1,733 sq ft warehouse/office space near highway.
      12970 W State Road 84, Fort Lauderdale, FL 33325
      View Details

    Similar Nearby for Lease

    • $21 SF/Yr
      3,100 SF

      Sunrise Office Space Available

      Office space available for lease in Sunrise, Florida.
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      View Details
    • $24 SF/Yr
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      Affordable office suites available for immediate occupancy in Plantation, Florida.
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      View Details
    • Contact for pricing

      Retail Space in Davie Center

      Retail space available in well-located Davie shopping center.
      13700 W State Road 84, Fort Lauderdale, FL 33325
      View Details
    • $27 SF/Yr

      Turnkey Ready Executive Office Space

      Executive office space available for lease in Davie, Florida.
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      View Details
    • $21 SF/Yr

      Renovated Office Space in Sunrise

      Recently renovated office space featuring private offices and ample parking.
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      Sunrise Office Space for Lease

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      View Details
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    351 SW 136Th Ave
    Davie, FL 33325
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    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
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