Office Space
225 East Dania Beach Boulevard Dania Beach, FL 33004
Details & Description
Price: $9,500,000
    Marcus & Millichap is proud to exclusively present 225-255 East Dania Beach Boulevard a two-story multi-tenant office building located in Dania Beach, Florida. This office building is situated on a 3.27-acre parcel (or 142,230 square feet) and offers approximately 54,912 square feet of rentable space. 225-255 East Dania Beach Boulevard is currently 73% occupied by a mix of professional and credit tenants including Citibank, complete with drive-through lanes, and the headquarters of the travel agency, Cruise.com. The current tenants are short-term or month-to-month leases at below-market rents, positioning substantial upside through leasing vacant suites, increasing rents, and implementing long-term leases. The property has direct frontage on East Dania Beach Boulevard, just off highly traveled South Federal Highway, and is easily accessed from I95 and I595. Additionally, the property offers multiple points of ingress and egress, as well as 200 parking spaces, to accommodate heavy traffic. The subject property is in East Dania Beach Boulevards Mixed Used District, in the heart of Dania Beach's development boom positioning this property as an excellent redevelopment play. The liberal EDBB-MU zoning allows for several uses including mixed residential and commercial, retail, office, medical office, hospitality, and extended stay, to name a few. The density allows up to 245-units with bonus density. The zoning has a FAR of 8 with the potential to build up to seven stories. Dania Beach is an attractive city in Broward Country located just south of the Fort Lauderdale-Hollywood International Airport and Port Everglades. Dania Beach has seen a substantial increase in commercial real estate investment and development activity over the past few years as the city evolves to draw in residents, businesses, tourism, and retail. The City's transformation has brought many new residents to Dania Beach. According to GlobeSt, the city's population has increased by 8.1% since 2010. Millennial’s are the biggest contribution to the population growth at 2.7 times the nations average. The subject property is near developments leading the city's transformation including Dania Pointe, a 102-acre mixed-use development with retail, restaurants, hotels, luxury apartments class A offices, and public event space, and The First at Dania Beach, a 6.42-acre project on West Dania Beach Boulevard that will include: a new city hall, fire station, office space, hotel, apartment units, retail, and parking. Additionally, 225-255 East Dania Beach Boulevard is adjacent to The Casino at Dania Beach and in close proximity to retailers including Publix, Dollar Tree, Bank of America, 7-Eleven, and .2 miles from The Place at Dania Beach, a luxury apartment complex
    Property Highlights
     Minutes from Fort Lauderdale-Hollywood International Airport, I-95, and Beaches
     3.25 Acres with 625 Feet of Frontage on Dania Beach Boulevard
    Listing Agents
    Ryan Shaw

    O: 786-522-7087
    ryan.shaw@marcusmillichap.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    225 East Dania Beach Boulevard

    Dania Beach, FL 33004

    Listing ID: 275488
    • 225 East Dania Beach Boulevard Dania Beach, FL 33004 | for Sale | Photo 1
    • 225 East Dania Beach Boulevard Dania Beach, FL 33004 | for Sale | Photo 2
    • 225 East Dania Beach Boulevard Dania Beach, FL 33004 | for Sale | Photo 3
    225 East Dania Beach Boulevard | for Sale | Thumbnail 1
    225 East Dania Beach Boulevard | for Sale | Thumbnail 2
    225 East Dania Beach Boulevard | for Sale | Thumbnail 3
    Building Size: 54,912 SF
    Lot Size: 3.270 AC
    Land Size: 142,441 SF
    Building $/SF: $173.00
    Land $/SF: $66.69
    Price
    $9,500,000
    Property Highlights
    Considerable Upside Due to Below Market Rents
    Building Anchored by Citibank With $111 Million in Deposits
    3.25 Acres with 625 Feet of Frontage on Dania Beach Boulevard
    Opportunity to Build 245-Unit Mixed-Use Project
    Minutes from Fort Lauderdale-Hollywood International Airport, I-95, and Beaches
    Description

    Marcus & Millichap is proud to exclusively present 225-255 East Dania Beach Boulevard a two-story multi-tenant office building located in Dania Beach, Florida. This office building is situated on a 3.27-acre parcel (or 142,230 square feet) and offers approximately 54,912 square feet of rentable space. 225-255 East Dania Beach Boulevard is currently 73% occupied by a mix of professional and credit tenants including Citibank, complete with drive-through lanes, and the headquarters of the travel agency, Cruise.com. The current tenants are short-term or month-to-month leases at below-market rents, positioning substantial upside through leasing vacant suites, increasing rents, and implementing long-term leases. The property has direct frontage on East Dania Beach Boulevard, just off highly traveled South Federal Highway, and is easily accessed from I95 and I595. Additionally, the property offers multiple points of ingress and egress, as well as 200 parking spaces, to accommodate heavy traffic. The subject property is in East Dania Beach Boulevards Mixed Used District, in the heart of Dania Beach's development boom positioning this property as an excellent redevelopment play. The liberal EDBB-MU zoning allows for several uses including mixed residential and commercial, retail, office, medical office, hospitality, and extended stay, to name a few. The density allows up to 245-units with bonus density. The zoning has a FAR of 8 with the potential to build up to seven stories. Dania Beach is an attractive city in Broward Country located just south of the Fort Lauderdale-Hollywood International Airport and Port Everglades. Dania Beach has seen a substantial increase in commercial real estate investment and development activity over the past few years as the city evolves to draw in residents, businesses, tourism, and retail. The City's transformation has brought many new residents to Dania Beach. According to GlobeSt, the city's population has increased by 8.1% since 2010. Millennial’s are the biggest contribution to the population growth at 2.7 times the nations average. The subject property is near developments leading the city's transformation including Dania Pointe, a 102-acre mixed-use development with retail, restaurants, hotels, luxury apartments class A offices, and public event space, and The First at Dania Beach, a 6.42-acre project on West Dania Beach Boulevard that will include: a new city hall, fire station, office space, hotel, apartment units, retail, and parking. Additionally, 225-255 East Dania Beach Boulevard is adjacent to The Casino at Dania Beach and in close proximity to retailers including Publix, Dollar Tree, Bank of America, 7-Eleven, and .2 miles from The Place at Dania Beach, a luxury apartment complex

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Hollywood History of Office Space for Sale

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    Dania Beach Area Market Trends

    Listing Demographics for 225 East Dania Beach Boulevard Dania Beach, FL 33004

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population11,39074,363255,840
    Population Median Age404142
    Population by Age0-9 Yrs1699 (14%)9395 (12%)27507 (10%)
    10-19 Yrs915 (8%)6194 (8%)23080 (9%)
    20-29 Yrs1228 (10%)9203 (12%)32444 (12%)
    30-39 Yrs1910 (16%)10606 (14%)36656 (14%)
    40-49 Yrs1460 (12%)11082 (14%)35182 (13%)
    50-59 Yrs1347 (11%)10837 (14%)36489 (14%)
    60-69 Yrs1401 (12%)8625 (11%)32692 (12%)
    70+ Yrs1431 (12%)8422 (11%)31791 (12%)
    Median HH Income$40,349$51,646$55,389
    Total Household Income< 24K1372 (30%)7245 (24%)22316 (21%)
    25-49K1269 (27%)7437 (24%)25605 (24%)
    50-74K743 (16%)5299 (17%)18236 (17%)
    75-99K433 (9%)3760 (12%)11630 (11%)
    100-199K625 (13%)4706 (15%)18749 (17%)
    200K+127 (2%)1708 (5%)8256 (7%)
    Highest Education LevelNo Diploma876541521668
    Diploma or GED25661497449810
    Some College19071091335530
    Assoc. Degree940588318640
    Bachelors Degree14031115340396
    Higher Degree685671425752
    Total Housing Units5,82137,990141,878
    --Owner-Occupied2,09714,64456,620
    --Renter-Occupied2,47415,51148,172
    Owner-Occupied Values< 100K12116485489
    100-199K856382011836
    200-299K414361212532
    300-399K485233310640
    400-499K9510385111
    500K+125219411012
    Total Working Age Population9,21661,281213,849
    In Work Force5,73940,076139,258
    Not In Work Force3,47721,20574,591
    Workforce Employed5,19036,949130,419
    Workforce Unemployed5493,0848,770
    Civlian Workforce5,73940,034139,190
    Military Workforce04268
    Total Households4,57030,155104,792
    Family Households2,53316,61157,872
    Non-Family Households2,03713,54346,920
    Married Couple1,56310,87639,419
    Other Family9715,73618,453
    Married w/Child4223,81312,633
    Single Male w/Child646282,292
    Single Female w/Child3092,0126,452

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Florida15,982,378+1818,801,310+1421,517,610+1324,340,457
    Broward County1,623,018+81,748,066+111,942,686+92,120,334

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 225 East Dania Beach Boulevard in Dania Beach?
    The asking price for 225 East Dania Beach Boulevard is $9,500,000
    What is the building size of this Office property in Dania Beach, FL?
    The size of the building/unit at 225 East Dania Beach Boulevard in Dania Beach is 54,912 square feet
    How much land does the Dania Beach, FL property at 225 East Dania Beach Boulevard include?
    225 East Dania Beach Boulevard in Dania Beach includes 3.270 acres of land
    What kind of Office is the propery at 225 East Dania Beach Boulevard?
    The property at 225 East Dania Beach Boulevard Dania Beach, FL 33004 is listed as a Professional Office property
    What is the population within 1 mile of 225 East Dania Beach Boulevard in Dania Beach?
    The population within 1 mile of 225 East Dania Beach Boulevard Dania Beach, FL 33004 is 11,390 people.
    Who do I contact for questions about 225 East Dania Beach Boulevard?
    You should contact the listing agent, Ryan Shaw , for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Fort Lauderdale Hollywood International Airport (FLL) 2
    Miami International Airport (MIA) 20
    Palm Beach International Airport (PBI) 44