2 Federal HwyDania Beach, FL 33004

Property Details for 2 Federal Hwy

Year built

1930

Construction

CONCRETE

Lot size

0.23 AC

Property size (Sq ft)

6,450 SF

Zone code

CC

Property type

Investment properties

Property subtype

Retail residential properties

APN

50-42-34-01-3180

APU

504234013180

Description

This exceptional seven-story mixed-use development in Dania Beach, Florida, presents a unique investment opportunity. Located at 2 S Federal Highway, this property seamlessly blends the preserved historic facade of the original 1930s two-story brick building with a sleek, modern five-story addition. The 10,092 square foot lot, zoned City Center (CC), allows for a dynamic mix of residential and commercial uses. The ground floor offers spacious commercial space, ideal for retail or restaurants, benefiting from high visibility and foot traffic on South Federal Highway. Upper floors feature a mix of one, two, and three-bedroom residential units, each equipped with modern kitchens, stainless steel appliances, and many with private balconies or terraces. Building amenities include a rooftop terrace, fitness center, and swimming pool. Office spaces on floors two and three provide flexible layouts suitable for various businesses. The property also includes a rear parking lot with ample spaces and EV charging stations. This prime location offers easy access to major highways, Fort Lauderdale-Hollywood International Airport, and nearby attractions. Owner financing is available. This property represents a strong investment with high demand and long-term value potential due to its prime location, unique architectural design, and diverse income streams. The blend of historic charm and modern luxury creates a highly desirable location for both residents and businesses. The property's strategic location in the heart of Dania Beach ensures high visibility and accessibility, making it an attractive investment for those seeking a mixed-use property in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $2,861,436

  6.5%

  $2,641,326

  7%

  $2,452,660

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,287,728

  Geo Method

  $4,287,728

• Alternative Use

  Use

  Valuation

  Residential

  $2,641,326

  Hospitality

  $2,419,440

  Educational

  $2,012,946

  Medical

  $2,082,174

  Retail

  $3,131,249

Location Insight

City

Dania Beach

County

Broward

State

Florida

Latitude

26.0522

Longitude

-80.1441

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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