602-608 NW 1st St - Apartments FOR SALE


Dania, FL 33004
$1,950,000 USD
954-495-1818
602-608 NW 1st St, Dania, FL for Sale
$1,950,000 USD
Apartments - FOR SALE
1/19
null | Request Cap Rate

602-608 NW 1st St
Dania, FL 33004


HIGHLIGHTS

  • Potential to redevelop to 4 stories
  • Opportunity Zone
  • Motel Hotel License

OVERVIEW

Prime Mixed-Use Redevelopment Retail + Residential Vertical Build 4 stories. Is the opportunity that exists with this building with 9 residential units and 4 retail units. Adjacent lot is also for sale separately or can be combined Opportunity Zone Investment, Opportunity Zone tax advantages, Value-add repositioning potential Strong rental demand corridor , Walkable urban redevelopment area. Close to US-1, Airport, Dania Pointe, new hotels. Major apartment development happening in this area. Brand new multi sports complex and park close to Broward Sheriff Office and City Hall... Be a part of this tremendous growth potential. Building holds a motel hotel license. Tremendous opportunity!!

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$244 USD /SF

# OF UNITS

13

PRICE/UNIT

$150,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

602 NW 1st Street, Dania Beach, Florida 33004

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,959 SF

ZONING

C-2

APN/PARCEL ID

50-42-34-01-2430

ASK ABOUT THIS PROPERTY

Adam Von Romer CCIMAxis Realty Advisors, Inc.More Info
954-495-1818

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Adam Von Romer CCIMAxis Realty Advisors, Inc.More Info
954-495-1818

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.