500 Dixie HwyHallandale Beach, FL 33009

  • Office buildings
  • 2,722 SF
For Lease
$0.01/SF/YR View listing

Property Details for 500 Dixie Hwy

Year built
1990
Construction
CONCRETE
Lot size
0.20 AC
Property size (Sq ft)
2,722 SF
Zone code
CENTRAL RAC
Property type
Office buildings
APN
51-42-27-21-0200
APU
514227210200

Description

This newly constructed, four-story Hallandale Beach office building offers versatile spaces ideal for various uses, including retail, showroom, fitness, dental, medical, and restaurant. Located at 500 N Dixie Hwy, Hollywood, FL 33009, near Foster Rd, this prime location boasts high visibility on the heavily trafficked Dixie Highway corridor. The building features 19,000 square feet of premium retail space and over 16,000 square feet of professional office suites. Units range from a minimum of 1,000 square feet to a maximum contiguous space of 2,000 square feet, with a total of one building suite available. The building is 80% leased and ready for immediate occupancy. Units are delivered in vanilla shell condition, featuring acoustic ceilings, air conditioning, and fresh paint. The property includes 400 covered parking spaces and elevators for convenient access. The zoning is DH-3, and the APN is 514215060010. This mixed-use development is situated near the Mardi Gras Casino and offers complimentary covered parking for visitors. The building was constructed in 2024.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,447,308
    6.5%
    $1,335,976
    7%
    $1,240,550
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,042,145
    Geo Method
    $1,042,145
  • Alternative Use

    Use
    Valuation
    Residential
    $1,656,611
    Hospitality
    $1,517,447
    Educational
    $1,262,498
    Medical
    $1,305,917
    Retail
    $1,963,886

Location Insight

City
Hallandale Beach
County
Broward
State
Florida
Latitude
25.9798
Longitude
-80.1485
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,519
$93,960
$481,030
$574,990
-
$93,960
$481,030
$574,990

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