Subscribe to Intelligence
View property history data!
Access historical property and tax details including tax amounts, land value, and more to inform your next opportunity.
Opportunity Zone
Essence Caterers Bldg
Retail | 5.42% CAP | 2,344 SF
Listing Contacts
License: 3406586
Active
Asking Price: $600,000
Earnest Money Deposit: $50,000 min.
Address
715 NW 1st St, Dania Beach, FL 33004
Show on MapDate Added
Mar 3, 2025
Days on Market
15 days
Time Since Last Update
13 days
Details
Property TypeRetail
ClassC
Lease TypeNN
Tenant CreditCorporate Guarantee
TenancySingle
Lease Term4 years
Lease Commencement01/31/2021
Lease Expiration01/31/2025
Remaining Term0 years
Square Footage2,344
Net Rentable (sq ft)2,344
Price/Sq Ft$255.97
Cap Rate5.42%
Pro-Forma Cap Rate5.67%
Occupancy100%
Occupancy Date01/31/2021
NOI$32,500
Pro-Forma NOI$34,000
Units1
Year Built1955
Year Renovated2020
Buildings1
Stories1
ZoningRegional Activity Center (RAC) & Mixed Use (NBHD-MU)
Lease Options5 year
Ground LeaseNo
Marketing Description
Single Tenant NNN Long Term Tenant (Caterer) NOI: $32,414 + 3.0% Annual Increases (Tenant pays 100% RE taxes / Insurance) 2,344 SF bldg with Commercial Kitchen and Long Term Tenant. Fully equipped with kitchen (inventory list) and 2 bathrooms, on a huge 8,134 sqft lot with parking in the heart of Dania Beach and US1. The aforementioned property is located in the Regional Activity Center (RAC) and Neighborhood Mixed Use (NBHD-MU) zoning district. Hood / Fire Suppression System / Natural Gas / Impact Windows / 10 tons of HVAC.
Valuation Calculator
Valuation Calculator
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$32,500.00
$2,708.33/mo
Valuation Metrics
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
0
DSCR
5.42%
Cap Rate
5.42%
ROI
Property History
| Date | Event | Document | Price | Price/SF | Sold By | Sold To | ||
|---|---|---|---|---|---|---|---|---|
 | | | | | ||||
| | | | | ||||
| | | | | ||||
| | | | | ||||
| | | | | ||||
Due Diligence
Listing Contacts
- License: 3406586
Similar Properties for Sale
Opportunity Zone
$349,000
400 NW 1st Street
Retail
400 NW 1st Street Dania Beach, FL 33004
$1,500,000
66-68 N Federal Hwy
Mixed Use • 4,050 SF
66-68 N Federal Hwy Dania Beach, FL 33004
Key Brokers Inc
$2,600,000
138 N Federal Hwy
Retail • 2,800 SF
138 N Federal Hwy Dania Beach, FL 33004
Cross Florida Realty, Inc.
virtual tour
$4,000,000
HOT DANIA BEACH!
Hospitality
50 N Federal Hwy Dania Beach, FL 33004
$3,200,000
Marine Engines Sales & Service
Retail • 20.00% CAP • 22,000 SF
Marine Engine Rebuilding Unincorporated Broward County, FL 33004
virtual tour
$4,400,000
34-38 S Federal Hwy
Distress Property/ Perfect Re-development Opportunity
4 LOCATIONS
Opportunity Zone
$1,200,000
177 Phippen Waiters Road
Property consists of 4 parcels of land with a total of 11190 sq ft with a 1800 sq ft warehouse build
177 Phippen Waiters Road Dania Beach, FL 33004
$105,000
212 N Federal Hwy #206
Retail
212 N Federal Hwy #206 Dania Beach, FL 33004
Florida Realty Fusion Corp
$950,000
115 Southwest 1st Court
Great Opportunity to own a piece of Downtown Dania Beach Real Estate
115 Southwest 1st Court Dania Beach, FL 33004
$1,300,000
121 Southwest 1 St Court
Non-Conforming Single Family Home Ideal for Retail and Office Uses
121 SW 1st Ct Dania Beach, FL 33004
$2,650,000
Ravenswood
High End Paint and Body Shop with Paint Booth - Owners Retiring
2 LOCATIONS
See more properties for sale in Dania Beach
Broker Information
Is there information that looks off? Report
For assistance, reach out to our support team at [email protected] or call 888.273.0423 .