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Gelfand Realty Miami Properties for Sale - Retail for Sale

1200 S FEDERAL HWY, DANIA BEACH, FL 33004

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Retail - for Sale

1200 S FEDERAL HWY, DANIA BEACH, FL 33004

Asking Price$2,295,000

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  • Lot size 18049sqft
  • Taxes $29,039
  • Year Built 1968

  • Days on market:

    3 day(s)

  • Original Price:

    $2,295,000

  • Tax Legal Description:

    NORTH HOLLYWOOD 4-1 B POR OF LOTS 11, 12 & 13, BLK 46 DESC AS: COMM NE COR LOT 11, S 135.92,W 7 TO POB,N 120.93,NWLY 23.44, W 113.36,S 13.44

  • Property Type:

    Retail

  • Special Listing Conditions:

    Sale

Description

$2,295,000

A flexible 6-bay retail shopping center situated on the highly trafficked federal highway corridor in the heart of dania beach. the property features a nearly half-acre footprint with on-site parking and 135 ft of frontage, only blocks from national retailers. extremely flexible leasing structure with all current tenants month-to-months, coming up on expiration, or w/ demo clause (one of which is a 2nd generation kitchen), and are at below market rents. an investor may opt to adjust rents to current market, re-tenant the building entirely, or more interestingly, adapt all or a portion of the building for a new purpose as a owner-user or innovator.
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