242 Dania Beach BlvdDania Beach, FL 33004
- Turn key restaurants
- 2,761 SF
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
- 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,198,840
- 6.5%
- $1,106,620
- 7%
- $1,027,580
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,231,500
- Geo Method
- $1,231,500
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $2,234,280
- Mixed-Use / Specialty
- $1,071,860
- Hospitality / Lodging
- $746,264
- Office
- $1,033,390
- Institutional / Educational
- $1,103,290
- Residential Income
- $1,290,840
- Multifamily
- $1,719,010
- Automotive / Energy
- $945,673
- Parking / Income-Based Land
- $356,787
- Restaurant / Food Service
- $491,711
- Healthcare / Senior Housing
- $1,130,770
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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