Property profile

59 12th Ave Ste 103 Dania Beach, FL 33004

OFF-MARKET
Distribution centers
Property ID
US18-9364821
5,040 SF 0.12 ac lot Built 2005
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 2005
Construction CONCRETE
Total area 5,040 SF
Lot 0.12 ac (5,040 SF)
Zoning code I-G
APN 50-42-33-AA-0150
UPID US18-9364821

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

59 12th Ave Ste, Unit 103 Dania Beach, FL 33004-3542
Dania Beach metro Census 80500 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.60M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.60M

Owner & transaction history

since 2024
Last sale
$2.6M
7 recorded transactions
2024
$2.6M
2024
Price N/A
2020
$987,000
2017
Price N/A
2016
$760,000
2012
$582,800
2008
$630,000

Zoning & alternative use

I-G · Dania Beach, FL
Zoning description

Provides for light- and medium-intensity industrial, research, assembly, fabrication and repair uses within a completely enclosed building. Some manufacturing uses are permitted if they meet location requirements necessa…

General category INDUSTRIAL
Top alternative use upside
Restaurant $4.2M +234.2%
Auto repair, garage $3.8M +196.5%
Neighborhood: shopping center $3.4M +165.0%

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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