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Property profile & analytics
OFF-MARKET
Estimated value
$1,055,000
Retail residential properties
413 Federal Hwy 421 Dania Beach, FL 33004-4103
Entity Owned
10-yr Hold
Free & Clear
Property ID
US19-0441125
Property summary
AI-generated overview
This exceptional mixed-use property, located at 413 S Federal Hwy in Dania Beach, Florida, presents a rare redevelopment opportunity. Situated on a half-acre lot, this entire city block boasts a prime location in the South Federal Highway corridor, a key area targeted for redevelopment within the Dania Beach city plan. The property, built in 1971, currently generates over $130,000 in gross annual income from its existing mixed-use residential/office configuration, allowing for immediate cash flow while redevelopment plans are approved. The SFED-MU zoning is highly flexible, facilitating a wide range of redevelopment uses. Three folios (514203170010, 514203170020, 514203170030) encompass the property. Its strategic location offers close proximity to Fort Lauderdale-Hollywood International Airport, Port Everglades, and the newly developed Dania Pointe. The asking price is $3,499,000, and the owner is motivated to sell and will consider reasonable offers. This is an unparalleled chance to acquire a significant asset in a rapidly growing area.
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1971
Construction
CONCRETE
Total area
4,487 SF
Lot
0.25 ac (11,004 SF)
Zoning code
SFED-MU
APN
51-42-03-17-0010
UPID
US19-0441125
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.19M
Comparable Approach
Comparable
$717k
Blend (final)
Blend
$1.06M
Owner & transaction history
Florida 21 LLC · 10 yrs held
Florida 21 LLC
since 2015
4 recorded transactions
Zoning & alternative use
SFED-MU · Dania Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Dania Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dania Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,290,000
6.5%
$1,190,000
7%
$1,105,000
Blend value · Realmo final
$1.06M
Range $950k – $1.16M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$235 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$16,091
Tax year 2023
Assessed value
$695,360
Assessed 2023
Previous assessed
$695,360
+0.0% YoY
Effective rate
2.31%
On assessed value
Assessed land
$165,060
Assessed improvement
$530,300
Land market value
$165,060
Improvement market value
$530,300
Total market value
$695,360
Applied tax rate
413.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1971
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
4,487 SF
Lot
0.25 ac (11,004 SF)
Zoning code
SFED-MU
APN
51-42-03-17-0010
UPID
US19-0441125
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
SFED-MU · Dania Beach, FL
Zoning SFED-MU · permitted uses
SFED-MU · Dania Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dania Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
Florida 21 LLC
Entity
Free & Clear · 10 yrs held
Mailing address
3800 S OCEAN DR STE #216, HOLLYWOOD, FL 33019-2915
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2015
$965,000
Florida 21 LLC
405 S Federal LLC
Warranty Deed
—
Apr 17, 2014
$550,000
405 S Federal LLC
Champagne,nicole M
Warranty Deed
$350,000 · Nicole M Champagne
Jul 9, 2012
—
Nicole M Champagne
Goodman Murray M Trust
Warranty Deed
related
—
Jul 10, 2007
—
Goodman Murray M Trust
Goodman Murray M Trust
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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