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Property profile & analytics
OFF-MARKET Estimated value $965,000
Hospitals

5540 64th Ave Davie, FL 33314-6006

3,445 SF 1.59 ac lot Built 1954
Entity Owned 4-yr Hold Free & Clear
Property ID
US19-0523584
Property summary
AI-generated overview

This exceptional commercial property, located at 5540 SW 64th Ave in Davie, Florida, presents a unique investment opportunity. The 4,000 square foot building sits on a substantial 1.59-acre lot, zoned CF (Community Facility), offering remarkable flexibility for a variety of uses. Its prime location near the burgeoning Downtown Davie and Nova University areas provides excellent access to a thriving community and a strong potential for future growth. The property's proximity to major transportation arteries, including the Turnpike, Highway 441, and I-95, ensures convenient connectivity throughout South Florida. The existing structure could be utilized for continued commercial operations, potentially repurposed for a single-family residence, or the lot could be subdivided to create a smaller-scale residential development. This presents a rare chance to acquire a significant parcel of land in a rapidly developing area, allowing for diverse development options to suit a wide range of investment strategies. The property's size and zoning provide a substantial foundation for future success in a highly desirable location. This is a truly exceptional opportunity for investors seeking a versatile and strategically located property with significant upside potential.

Property profile
Verified
Property type Hospitals
Use group HOSPITAL - PRIVATE
Year built 1954
Construction CONCRETE
Total area 3,445 SF
Lot 1.59 ac (69,176 SF)
Zoning code CF
APN 50-41-35-02-0390
UPID US19-0523584
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
$1.27M
CAP Approach CAP
by Request
Comparable Approach Comparable
$700k
Blend (final) Blend
$965k
Owner & transaction history
Karen Hacheses Miami INC · 4 yrs held
Karen Hacheses Miami INC
since 2021
Last sale
$1.0M
3 recorded transactions
2021
$1.0M
2006
$1.6M
2001
$555,000
Zoning & alternative use
CF · Davie, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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