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602 NW 1st Street, Dania Beach, Florida 33004 602-608 NW 1st St 13 Unit Apartment Building $2,746,536 CAD ($211,272 CAD/Unit) Dania, FL 33004

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Investment Highlights

Potential to redevelop to 4 stories
Motel Hotel License

Opportunity Zone

Executive Summary

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!!

Property Facts

Price	$2,746,536 CAD	Building Class	C
Price Per Unit	$211,272 CAD	Lot Size	0.25 AC
Sale Type	Investment	Building Size	8,000 SF
Sale Condition	Redevelopment Project	Average Occupancy	100%
No. Units	13	No. Stories	2
Property Type	Multifamily	Year Built	1958
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential	Parking Ratio	1.56/1,000 SF
Apartment Style	Low-Rise	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	C-2 - Current Zoning: Mixed Use Permitted Residential Units–Apartments *(Second Floor), Commercial Bays (1st Floor), Hotel (ALLOWED), Ample Parking.

Price	$2,746,536 CAD
Price Per Unit	$211,272 CAD
Sale Type	Investment
Sale Condition	Redevelopment Project
No. Units	13
Property Type	Multifamily
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.25 AC
Building Size	8,000 SF
Average Occupancy	100%
No. Stories	2
Year Built	1958
Parking Ratio	1.56/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	C-2 - Current Zoning: Mixed Use Permitted Residential Units–Apartments *(Second Floor), Commercial Bays (1st Floor), Hotel (ALLOWED), Ample Parking.