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

    401 Sheridan St Dania Beach, FL 33004-4603

    • Community centers
    • 26,839 SF
    • 6.59 lot acres
    OFF-MARKET
    Last Sale
    Jul 18, 2022
    $13,000,000
    Value Estimations
    $11,115,000
    Show details
    Cap Rate Potential
    4%
    Community centers
    Location Intelligence
    Property ID
    US19-0542298
    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

    • Walmart Pharmacy / Parapharmacy / Vitamin & Supplements Store
    • Amy Castro / Pharmacy
    • Walmart Bakery / Dessert Shop / Pastry Shop
    • Redbox / Movie Rental Kiosk / Dvd Store
    • KeyMe Locksmiths / Key Duplication Service / Emergency Locksmith Service

    Property Details for 401 Sheridan St

    Year built
    1991
    Construction
    CONCRETE
    Lot size
    6.59 lot acres
    Property size
    26,839 SF
    Zone code
    C-2
    Property type
    Community centers
    APN
    51-42-03-60-0010
    APU
    514203600010

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $12,855,000
      ML approach
      $10,185,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $8,610,000
      6.5%
      $7,950,000
      7%
      $7,380,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $9,706,000
      Market price range: $421k - $9.71M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $17,900,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Dania Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.1362
    Latitude
    26.0348
    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
    $281,552
    $3,443,740
    $8,275,080
    $11,718,820
    -
    $3,443,740
    $8,275,080
    $11,718,820

    Comparable in this City

    • Value Estimation by Request

      Federal Hwy

      Lifestyle centers
      0 Federal Hwy, Dania Beach, FL 33004
      View Details
    • Value Estimation
      $18,170,000
      90,527 SF

      308 Dania Bch Blvd, Unit 370

      MINI-MALL • 90,527 SF
      308 Dania Bch Blvd, Dania Beach, FL 33004-3028
      View Details
    • Value Estimation
      $18,190,000
      81,683 SF

      140 Compass Way

      MINI-MALL • 81,683 SF
      140 Compass Way, Dania Beach, FL 33004-2368
      View Details
    • Value Estimation
      $18,330,000
      82,242 SF

      101 Bryan Rd

      MINI-MALL • 82,242 SF
      101 Bryan Rd, Dania Beach, FL 33004
      View Details
    • Value Estimation by Request
      11,000 SF

      801 Federal Hwy

      Lifestyle centers • 11,000 SF
      801 Federal Hwy, Dania Beach, FL 33004
      View Details
    • Value Estimation
      $15,190,000
      47,153 SF

      402 Dania Bch Blvd

      MINI-MALL • 47,153 SF
      402 Dania Bch Blvd, Dania Beach, FL 33004-3040
      View Details

    Similar Nearby for Sale

    • $5,500,000

      Dania Beach Retail Center Investment

      Prime Dania Beach Retail Opportunity
      0 Federal Hwy, Dania Beach, FL 33004
      View Details
    • $598,000
      2,344 SF

      Dania Beach Restaurant - $598K

      Profitable Restaurant, 5.5% Cap Rate
      715 1St St, Dania Beach, FL 33004
      View Details
    • $1,300,000
      1,652 SF

      Prime Dania Beach Retail Space

      High-traffic retail space near new residences.
      121 1St Ct, Dania, FL 33004
      View Details
    • $349,000

      Prime Dania Beach Retail Space

      Established Business, High Traffic Area
      400 1St St, Dania Beach, FL 33004
      View Details
    • $3,200,000

      Profitable Business Opportunity Near Airports

      Established business with valuable inventory and strong revenue, prime location.
      Unincorporated Broward, Dania, FL 33004
      View Details
    • $1,900,000
      0.44 Acres

      Dania Beach Mixed-Use Investment Opportunity

      Mixed-use property with retail and residential units plus vacant lot.
      602 NW 1St St, Dania Beach, FL 33004
      View Details

    Similar Nearby for Lease

    • $2,100 /Mo

      Retail Space in Busy Center

      Retail space for rent in a busy Dania Beach center.
      801 S Federal Hwy, Dania Beach, FL 33004
      View Details
    • Contact for pricing
      1,050 SF

      Retail Space Near Dania Beach

      Retail spaces available near Federal Highway and Dania Beach Casino.
      308-370 E Dania Beach Blvd, Dania, FL 33004
      View Details
    • Contact for pricing
      1,900 SF

      Retail Space on Federal Hwy

      Retail space with high visibility and convenient transit access.
      236 N Federal Hwy, Dania, FL 33004
      View Details
    • $2 SF/Yr
      18,233 SF

      Prime Dania Beach Retail Space

      18,233 SF Retail, Mixed-Use Zoning
      222 Federal Hwy, Dania Beach, 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
    • Contact for pricing
      1,369 SF

      Retail Space in Luxury Development

      Ground floor retail space in a new luxury development.
      4 N Federal Hwy, 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.
    401 Sheridan St
    Dania Beach, FL 33004-4603
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.