1405 10Th StDania Beach, FL 33004

Property Details for 1405 10Th St

Year built

1964

Construction

CONCRETE

Lot size

0.34 AC

Property size (Sq ft)

1,558 SF

Zone code

RS-6000

Property type

Healthcare properties

Property subtype

Assisted living facilities

APN

50-42-33-23-0020

APU

504233230020

Description

This exceptional Dania Beach investment property presents a unique redevelopment opportunity. Situated on a 15,000 sq ft lot, the property includes two buildings, each one story, totaling two units. Built in 1974, the existing structures offer 7 bedrooms and 5 bathrooms, previously operating as a convalescent home. The property boasts 150 feet of waterfront access with ocean access via a single fixed bridge, and a large parking area. Commercial kitchen equipment is included. The property is zoned RES-Commercial, allowing for diverse development options. Located in Maleleuca, a convenient area near Fort Lauderdale/Hollywood International Airport (5 minutes away), beaches, shops, and restaurants, this location offers high potential. The seller is open to owner financing and joint venture opportunities. Consider this prime location for upscale residential development, a pilot/crush pad, boat crew housing, or a therapeutic office. This 1031 exchange eligible property is priced at $1,900,000.

• CAP approach

  CAP return

  Valuation

  6%

  $544,862

  6.5%

  $502,950

  7%

  $467,025

• Comparable approach

  Method

  Valuation

  Relative Method

  $768,424

  Geo Method

  $768,424

• Alternative Use

  Use

  Valuation

  Residential

  $638,013

  Hospitality

  $584,417

  Educational

  $486,228

  Medical

  $502,950

  Retail

  $756,354

Location Insight

City

Dania Beach

County

Broward

State

Florida

Latitude

26.0628

Longitude

-80.1557

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].