707 N Dixie Hwy

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707 N Dixie Hwy

Hallandale Beach, FL 33009
Asking Price
$2.75M
Asset Type
Industrial
Class
Class B

What's Special

707 N Dixie Hwy is situated in the heart of Hallandale Beach, Florida, positioned directly on a major north-south transit corridor. The surrounding neighborhood is a mix of established commercial hubs and evolving residential districts. The property offers logistical advantages due to its proximity to I-95 and the Florida Turnpike, facilitating efficient regional distribution. Local amenities include the nearby Gulfstream Park and various retail centers along US-1. Its central location between Fort Lauderdale-Hollywood International Airport and Port Everglades provides strategic accessibility for industrial operations requiring frequent freight transport and connectivity to broader South Florida markets. The property is well-suited for light industrial use cases, including last-mile delivery services, small-scale manufacturing, and wholesale distribution. Typical tenants for an asset of this type often include construction trades, automotive specialty shops, or e-commerce fulfillment centers seeking functional warehouse space with high visibility. The zoning and site configuration support businesses that require a combination of storage, production, and office components. This location is particularly attractive to regional service providers and commercial contractors who prioritize direct road frontage and convenient access to both Broward and Miami-Dade counties.

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NOI
$80,000
Cap Rate
2.91%
DSCR
0.49
Underwater
Cash-on-Cash
-10.09%
Monthly Payment
$13,605.5
Annual Cash Flow
$-83,265.995

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