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617 Dixie Hwy Hallandale Beach, FL 33009

OFF-MARKET Land Google Maps
Entity Owned
Estimated value
No estimation on file for this property yet.
Property ID US18-8561856

Property summary

AI-generated overview

This exceptional 20,000 square foot commercial land parcel presents a remarkable investment opportunity in the highly desirable Hallandale Beach, Florida. Located at 617 N Dixie Hwy, 33009, this property boasts a prime location in the heart of a thriving residential area, offering unparalleled convenience and accessibility. Its proximity to schools, transportation hubs, and an array of shops and amenities ensures high visibility and strong potential for future development. The area is further enhanced by its close proximity to Hallandale City Hall, The Village at Gulfstream Casino and Racing, and the vibrant city of Aventura, including the Aventura Mall. The surrounding area is rich with restaurants, shopping centers, and hotels, catering to a diverse population. Furthermore, the property benefits from its convenient location near executive and employee housing in Aventura and Hollywood, as well as Ft. Lauderdale/Hollywood International Airport. Approved plans for a 10,000 square foot office building (5,000 square feet per floor) are available, along with 31 parking spaces. The zoning allows for a great mix of uses, including multi-family, commercial, educational, and retail developments. Construction can commence almost immediately following closing. A recently completed city center development and a forthcoming mall development across the street further underscore the area's growth potential. Detailed survey, office development plans, and zoning information are available upon request. This is an exceptional opportunity for investors and developers seeking a prime location with significant upside potential. The asking price is $1,295,000.

Property profile

Verified
Property type Land
UPID US18-8561856

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2026
4 recorded transactions
2026
$1.4M
2024
$1.1M
2020
$465,000
2016
Price N/A

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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