Property profile

413 S Federal Hwy Dania Beach, FL 33004

FOR SALE
Retail residential properties
Property ID
US19-0441125
4,487 SF 0.25 ac lot Built 1971
Entity Owned 10-yr Hold Free & Clear
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413 S Federal Hwy, Dania Beach, FL 33004 For Sale
$3,990,000 4,487 SF
413 S Federal Hwy, Dania Beach, FL 33004
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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

Location

413 S Federal Hwy Dania Beach, FL 33004
Dania Beach metro Census 80105 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.19M
Comparable Approach Comparable
$717k
Blend (final) Blend
$350k

Owner & transaction history

since 2015
4 recorded transactions
2015
$965,000
2014
$550,000
2012
Price N/A
2007
Price N/A

Zoning & alternative use

SFED-MU · Dania Beach, FL
Zoning description

Redevelop the corridor with emphasis on the pedestrian and street life consistent with TOD principals

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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