4533 65Th AveDavie, FL 33314

Property Details for 4533 65Th Ave

Year built

1916

Construction

WOOD FRAME

Lot size

0.78 AC

Property size (Sq ft)

3,746 SF

Zone code

GRIFFIN CORRIDOR DISTRICT

Property type

Mixed-use properties

Property subtype

Retail residential properties

APN

50-41-27-03-0080

APU

504127030080

Description

This exceptional mixed-use property at 4533 SW 65th Ave, Davie, FL 33314, presents a unique investment opportunity. Built in 1916, this two-story building is the oldest historic structure in Davie, situated on a substantial 34,000 square foot corner lot within the burgeoning Downtown Davie Griffin Corridor District. Currently comprised of a two-story single-family home and a separate multi-unit building at the rear, the property offers significant potential for adaptive reuse and redevelopment. Its prime location provides easy access to major highways, universities, and entertainment venues, making it an attractive proposition for investors and developers seeking to capitalize on the area's growth. The asking price is $2,250,000. This distinguished property offers endless possibilities for those with a vision to transform a piece of Davie's history into a thriving modern asset. The property's size and location within a prime redevelopment area make it an ideal candidate for a variety of uses, ensuring a strong return on investment. Don't miss this chance to own a piece of Davie's heritage and shape its future.

• CAP approach

  CAP return

  Valuation

  6%

  $1,821,785

  6.5%

  $1,681,647

  7%

  $1,561,530

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,715,297

  Geo Method

  $1,715,297

• Alternative Use

  Use

  Valuation

  Residential

  $1,681,647

  Hospitality

  $1,540,380

  Educational

  $1,281,578

  Medical

  $1,325,654

  Retail

  $1,993,566

Location Insight

City

Davie

County

Broward

State

Florida

Latitude

26.0646

Longitude

-80.2336

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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