242 Dania Beach BlvdDania Beach, FL 33004

Property Details for 242 Dania Beach Blvd

Year built

1957

Construction

CONCRETE

Lot size

0.54 AC

Property size (Sq ft)

2,761 SF

Zone code

EDBB-MU

Property type

Retail properties

Property subtype

Turn key restaurants

APN

50-42-34-11-0150

APU

504234110150

Description

This exceptional restaurant opportunity is located at 242 E Dania Beach Blvd, Dania Beach, FL 33004. The property boasts a prime location directly across from the Dania Beach Casino, ensuring high visibility and foot traffic. Situated in a vibrant area with new luxury apartments, hotels, and stable residential neighborhoods, this location offers significant potential for success. The single-tenant building comprises 3,500 square feet on one story, with ample parking for 30 vehicles. The property is zoned EDBB-MU and features a single suite within a single building. The APN is 504234110150. This established restaurant is available for lease with a term of up to five years, and is being offered "as is." Landlord concessions are available. This is a rare chance to acquire a well-situated restaurant in a high-traffic area with significant growth potential. Don't miss this opportunity to establish or expand your restaurant business in a thriving location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,452,066

  6.5%

  $1,340,369

  7%

  $1,244,628

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,984,027

  Geo Method

  $2,984,027

• Alternative Use

  Use

  Valuation

  Residential

  $1,130,651

  Hospitality

  $1,035,670

  Educational

  $861,666

  Medical

  $891,300

  Retail

  $1,340,369

Location Insight

City

Dania Beach

County

Broward

State

Florida

Latitude

26.0521

Longitude

-80.1402

CBSA code

33100

CBSA name

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

Property Tax & Assessments

FAQs

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