701 Federal HwyHallandale Beach, FL 33009

Property Details for 701 Federal Hwy

Year built

2021

Lot size

1.89 AC

Property size (Sq ft)

17,364 SF

Zone code

CENTRAL RAC

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

51-42-22-29-0030

APU

514222290030

Description

This exceptional turn-key office suite, the last available in the prestigious Atlantic Village complex, presents a unique opportunity for discerning businesses. Located within a six-story building, this 2,547 square foot space offers immediate occupancy and is situated on its own floor, providing unparalleled privacy and convenience. The suite boasts four private offices, a dedicated conference room, and a spacious open area, perfectly designed for optimal workflow and collaboration. Two private bathrooms are included within the suite for added convenience. A significant advantage is the inclusion of a private patio, offering an exclusive outdoor space for relaxation or informal meetings. Atlantic Village is a vibrant mixed-use development, providing tenants with access to a wide array of amenities, including over twenty restaurants, fitness centers, beauty salons, a swimming academy, and a preschool, all within walking distance. The building itself is part of a larger complex encompassing seven buildings and offers 100 parking spaces for tenants and guests. The property is zoned CENTRAL, and its APN is 514222290030. This is a rare opportunity to establish your business in a thriving, amenity-rich environment. The entire complex offers a total of 38,000 square feet of retail space, with this suite representing a single-tenant occupancy. Don't miss this chance to elevate your business to new heights in this luxurious and highly sought-after location.

• CAP approach

  CAP return

  Valuation

  6%

  $7,703,253

  6.5%

  $7,110,695

  7%

  $6,602,788

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,542,962

  Geo Method

  $11,542,962

• Alternative Use

  Use

  Valuation

  Residential

  $7,110,695

  Hospitality

  $6,513,358

  Educational

  $5,419,038

  Medical

  $5,605,407

  Retail

  $8,429,614

Location Insight

City

Hallandale Beach

County

Broward

State

Florida

Latitude

25.9934

Longitude

-80.1431

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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