265 Federal HwyDania Beach, FL 33004

Property Details for 265 Federal Hwy

Year built

1975

Construction

CONCRETE

Lot size

0.81 AC

Property size (Sq ft)

11,617 SF

Zone code

SFED-MU

Property type

Retail properties

Property subtype

Retail space

APN

51-42-03-01-0030

APU

514203010030

Description

This exceptional Dania Beach retail property, located at 265 S Federal Hwy, 33004, offers a prime opportunity for a variety of businesses. The single-story building boasts a total of 11,615 square feet, currently configured as a single suite, but divisible into smaller spaces ranging from 600 to 2,100 square feet. The zoning is SFED-MU, allowing for diverse uses. The property's prominent location on US-1 ensures high visibility and significant foot traffic. Rental rates are competitive, with smaller units (600 sq ft) available for $1,500 per month gross, and larger units (1300 sq ft) at $2,850 per month gross. The entire space can be leased for $4,199 per month. The property features ample advertising space, maximizing marketing potential. The building's design allows for the possibility of exposed ceilings, creating a modern loft aesthetic. Ideal uses include, but are not limited to, professional offices, barber shops, beauty salons, gyms, retail stores, restaurants, insurance agencies, accounting firms, medical practices, lounges, churches, and showrooms. This is a rare opportunity to secure a highly visible and versatile retail space in a thriving Florida location. The property's APN is 514203010030.

• CAP approach

  CAP return

  Valuation

  6%

  $6,109,618

  6.5%

  $5,639,647

  7%

  $5,236,815

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,555,393

  Geo Method

  $12,555,393

• Alternative Use

  Use

  Valuation

  Residential

  $4,757,254

  Hospitality

  $4,357,618

  Educational

  $3,625,488

  Medical

  $3,750,174

  Retail

  $5,639,647

Location Insight

City

Dania Beach

County

Broward

State

Florida

Latitude

26.0462

Longitude

-80.143

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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