5221 Orange Dr Davie, FL 33314
This exceptional investment opportunity presents a 45,000 square foot lot in Davie, Florida, ideally situated just off the Florida Turnpike, ensuring excellent visibility and accessibility. The property, encompassing two parcels, currently includes an income-producing residential structure. Approved plans exist for a 12,000 square foot office building, perfect for a headquarters, sales offices, or similar commercial use. Zoned for both office and residential use, this versatile property offers significant potential. Its prime location in West Broward County places it minutes from the Hard Rock Casino and the upcoming "The District" development, a 2.8 million square foot project featuring 1,200 residential units and extensive retail space. Built in 1959, this property boasts a 12,000 square foot building and offers one of the best locations in West Broward, providing unparalleled exposure and convenient access to major highways. The asking price is $1,200,000. The property's address is 5221 Orange Dr, Davie, FL 33314.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.