24 1St AveDania Beach, FL 33004

Property Details for 24 1St Ave

Year built

1959

Construction

CONCRETE

Lot size

0.22 AC

Property size (Sq ft)

4,968 SF

Zone code

CC

Property type

Mixed-use properties

Property subtype

Retail residential properties

APN

50-42-34-04-0050

APU

504234040050

Description

This exceptional 1,149-square-foot commercial property, located at 24 NE 1st Ave #101, offers a unique blend of office and warehouse space, perfect for a variety of businesses. The single-tenant unit boasts convenient features including two dedicated parking spaces, ensuring ample parking for employees and clients. The property includes both a standard entry door and a roll-up garage door, providing versatile access and loading capabilities. A well-appointed bathroom is also included within the unit. The entire space is climate-controlled with central air conditioning, ensuring a comfortable and productive work environment. This property is zoned CC and its APN is 504234040050. Its strategic location just off US-1, in close proximity to Fort Lauderdale-Hollywood International Airport (FLL) and Port Everglades, provides unparalleled access to major roadways and transportation hubs, making it an ideal location for businesses needing easy access to regional and international transportation networks. The property is available for immediate occupancy. This is a rare opportunity to secure a well-appointed, conveniently located commercial space in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $2,203,972

  6.5%

  $2,034,435

  7%

  $1,889,118

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,302,548

  Geo Method

  $3,302,548

• Alternative Use

  Use

  Valuation

  Residential

  $2,034,435

  Hospitality

  $1,863,532

  Educational

  $1,550,436

  Medical

  $1,603,758

  Retail

  $2,411,790

Location Insight

City

Dania Beach

County

Broward

State

Florida

Latitude

26.0533

Longitude

-80.1428

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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