601 NW 1

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601 NW 1

Hallandale Beach, FL 33009
Asking Price
$950K
Asset Type
Land
Class
Class B

What's Special

601 NW 1st Avenue is situated in the central district of Hallandale Beach, Florida, positioned between major North-South corridors. The surrounding neighborhood features a mix of established residential pockets and light industrial facilities. The site offers proximity to US-1 and is less than two miles from the I-95 interchange, providing efficient regional connectivity. Nearby amenities include the Gulfstream Park complex and local retail centers along Hallandale Beach Boulevard. Public transit options are available via Broward County Transit bus routes operating within walking distance. The property is suited for a variety of commercial applications permitted under local zoning, such as equipment storage, vehicle transition, or specialized surface parking. Ideal use cases include logistics staging or a small-scale outdoor storage yard. Prospective tenants typically include regional contractors, fleet operators, or local businesses requiring additional ground space for inventory management. The site’s flat topography and ease of access make it a functional option for users seeking a central Broward County location for auxiliary operations near urban infrastructure.

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NOI
$80,000
Cap Rate
8.42%
DSCR
1.42
Strong
Cash-on-Cash
8.28%
Monthly Payment
$4,700.082
Annual Cash Flow
$23,599.02

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