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Property profile & analytics
OFF-MARKET Estimated value $2,140,000
Office buildings

425 Federal Hwy Hallandale Beach, FL 33009-3448

5,166 SF 0.4 ac lot Built 1964
Entity Owned 5-yr Hold Free & Clear
Property ID
US18-9432695
Property summary
AI-generated overview

This exceptional 5,166 square foot freestanding medical office building is ideally situated at 425 N Federal Hwy in Hallandale Beach, Florida, within Broward County (zip code 33009). The single-tenant property offers a highly desirable location, boasting 20 on-site parking spaces. Its strategic corner location provides excellent visibility and accessibility. The building is perfectly positioned between two thriving commercial hubs: Atlantic Village, a 200,000+ square foot complex encompassing restaurants, retail, medical, and office spaces, and ArtSquare, a vibrant development featuring 358 residential units and 13,500 square feet of retail and restaurant space. This proximity ensures high foot traffic and a strong customer base. The property's versatile design makes it suitable for a variety of uses, including retail, medical, or general office space. Its location offers easy access to major transportation routes and is just two miles from the prominent Aventura Mall, further enhancing its appeal and potential for success. This is a rare opportunity to acquire a well-located, freestanding building in a rapidly growing area. The property is classified as Retail and Office, with a specific subtype of Medical Office.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1964
Construction CONCRETE
Total area 5,166 SF
Lot 0.4 ac (17,335 SF)
Zoning code CENTRAL RAC
APN 51-42-22-35-0050
UPID US18-9432695
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
$2.75M
CAP Approach CAP
$2.25M
Comparable Approach Comparable
$2.47M
Blend (final) Blend
$2.14M
Owner & transaction history
Hundred Properties LLC · 5 yrs held
Hundred Properties LLC
since 2020
Last sale
$1.7M
4 recorded transactions
2020
$1.7M
2004
$1.3M
2003
$750,000
1969
Price N/A
Zoning & alternative use
CENTRAL RAC · Hallandale Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $3.4M +15.6%
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