5 NW 3rd Avenue

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5 NW 3rd Avenue

Dania Beach, FL 33004
Asking Price
$1.75M
Asset Type
Industrial
Class
Class B

What's Special

5 NW 3rd Avenue is situated in the central business district of Dania Beach, Florida, just west of Federal Highway. The surrounding neighborhood features a mix of commercial services, retail centers, and residential blocks. The property is positioned approximately two miles from Fort Lauderdale-Hollywood International Airport and Port Everglades, providing distribution advantages. Access to major transit arteries is efficient, with the I-95 and I-595 interchanges located within a three-mile radius, connecting the site to the broader South Florida metropolitan area. This industrial asset is suited for last-mile delivery operations, light manufacturing, or trade services such as HVAC, plumbing, or electrical contracting. The location supports businesses requiring frequent regional travel or proximity to specialized maritime and aviation hubs. Typical tenants include local distributors, small-scale wholesalers, and service-oriented firms seeking a logistical base between Fort Lauderdale and Miami. The zoning and layout accommodate operations that prioritize functional workspace and accessibility to high-traffic coastal corridors.

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NOI
$80,000
Cap Rate
4.57%
DSCR
0.77
Underwater
Cash-on-Cash
-4.55%
Monthly Payment
$8,658.045
Annual Cash Flow
$-23,896.542

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