0.88 Acre Redevelopment Project | 249 S Federal Hwy
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0.88 Acre Redevelopment Project 249 S Federal Hwy
4,072 SF Retail Building Dania, FL 33004 £2,111,036 (£518/SF)
Investment Highlights
- 0.88 AC Lot with 200 Feet Frontage on Federal Hwy (ADT 33000-44000)
- Situated on highly trafficked US-1 with over 35,700 daily drivers pass the property via US-1.
- Conveniently located in a very walkable area: Walk Score of 86.
- Ideally situated just a 5 minute drive to Fort Lauderdale Airport and Dania Beach.
- Close proximity to many restaurants, pharmacies, gas station, and grocery stores: adjacent to an existing Walgreens.
Executive Summary
Don't miss this opportunity to own property in a prime location - 0.88 AC lot with 200 ft Frontage on Federal HWY.
0.2 miles from Fort Lauderdale–Hollywood International Airport.
A few mins drive to Port Everglade.
4 miles from Seminole Hard Rock Hotel & Casino.
Zoning is SFED-MU (South Federal Mixed Use).
ADT: 33,000-44,000
Great for immediate use for Auto Sales, Parking Facilities or for redevelopment into Shopping Center, Office/Medical Office building, Residential with ground floor retail, DayCare, School, Veterinarian hospital, Restaurants, Athletic/Sports Center, Event Venue, Gallery and more. See the attached OM for zoning, traffic and demographic info.
249 S Federal Hwy in Dania, FL, is strategically located with easy access via US 1 and 848, offering an opportunity for investors seeking a redevelopment project or a great owner user opportunity. Zoning regulations allow for diverse uses: office, retail, medical, school, sports center, place of worship and many more. Positioned in a high-traffic area , the property ensures excellent visibility: on average passed by with over 35,700 daily drivers. Just a 5-minute drive from Fort Lauderdale Airport and Dania Beach and adjacent to anchor Walgreens add to the advantage of established businesses in the area. This property is within a vibrant community: a residential population of 258,199 within a 5-mile radius. The average salary of $86,681 reflects the economic vitality and robust consumer spending power in the vicinity. The 0.88-acre lot (including 4,072 square feet of built and rented space) is prime real estate available for sale by the owner. Ideal opportunity for developers: interested buyers must provide proof of funds before progressing to secure the property under contract.
Buyer and Buyer's agent to confirm info.
0.2 miles from Fort Lauderdale–Hollywood International Airport.
A few mins drive to Port Everglade.
4 miles from Seminole Hard Rock Hotel & Casino.
Zoning is SFED-MU (South Federal Mixed Use).
ADT: 33,000-44,000
Great for immediate use for Auto Sales, Parking Facilities or for redevelopment into Shopping Center, Office/Medical Office building, Residential with ground floor retail, DayCare, School, Veterinarian hospital, Restaurants, Athletic/Sports Center, Event Venue, Gallery and more. See the attached OM for zoning, traffic and demographic info.
249 S Federal Hwy in Dania, FL, is strategically located with easy access via US 1 and 848, offering an opportunity for investors seeking a redevelopment project or a great owner user opportunity. Zoning regulations allow for diverse uses: office, retail, medical, school, sports center, place of worship and many more. Positioned in a high-traffic area , the property ensures excellent visibility: on average passed by with over 35,700 daily drivers. Just a 5-minute drive from Fort Lauderdale Airport and Dania Beach and adjacent to anchor Walgreens add to the advantage of established businesses in the area. This property is within a vibrant community: a residential population of 258,199 within a 5-mile radius. The average salary of $86,681 reflects the economic vitality and robust consumer spending power in the vicinity. The 0.88-acre lot (including 4,072 square feet of built and rented space) is prime real estate available for sale by the owner. Ideal opportunity for developers: interested buyers must provide proof of funds before progressing to secure the property under contract.
Buyer and Buyer's agent to confirm info.
Data Room Click Here to Access
- Offering Memorandum
Property Facts Under Contract
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,072 SF
Building Class
C
Year Built
1960
Price
£2,111,036
Price Per SF
£518
Tenancy
Single
Number of Floors
1
Building FAR
0.11
Lot Size
0.88 AC
Zoning
S Federal Mixed Use - Mixed Use such as office, retail, medical, restaurant and commercial. Please see attached City Ordinance for a list of permitted uses. No industrial.
Parking
10 Spaces (2.46 Spaces per 1,000 SF Leased)
Frontage
200 ft on South Federal Highway
Amenities
- Air Conditioning
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Srss Florida Holding LLC
- -
- -
- -
- -
n/a
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Srss Florida Holding LLC | - | - | - | - |
Walk Score ®
Very Walkable (85)
Bike Score ®
Very Bikeable (78)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 51-42-03-71-0010 | Improvements Assessment | £449,792 |
| Land Assessment | £602,039 | Total Assessment | £1,061,906 |
PROPERTY TAXES
Parcel Number
51-42-03-71-0010
Land Assessment
£602,039
Improvements Assessment
£449,792
Total Assessment
£1,061,906
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0.88 Acre Redevelopment Project | 249 S Federal Hwy
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