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1200 S Federal Hwy Dania Beach, FL 33004
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Key Details
Sold Price $2,175,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 6,970 sqft
Price per Sqft $312
MLS Listing ID A11539884
Sold Date 04/24/24
HOA Y/N No
Year Built 1960
Annual Tax Amount $29,040
Contingent Other
Lot Size 0.414 Acres
Property Description
Proud to present 1200 Plaza, 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-month, 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 the current market, re-tenant the building entirely, or more interestingly, adapt all or a portion of the building for a new purpose as an owner-user or innovator.
Location
State FL
County Broward County
Area 3020
Building
Story 1
Level or Stories One
Others
Tax ID 514203106190
Financing Seller Financing
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Bought with The Alpha Commercial Advisors LLC