5540 64th Ave Davie, FL 33314-6006
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CF · Davie, FLDavie. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.