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Rexall Drugs 16-26 S Federal Hwy, Dania Beach 8,600 SF Retail Building Dania Beach, FL 33004 $3,500,000 ($406.98/SF)
Investment Highlights
- Less than 1 mile from Fort LauderdaleHollywood International Airport (FLL)
- Seller Financing Available
- 1,000+ Newly Developed Apartment & Hospitality Units in the Immediate Area
- 8,600 sq. ft. on .6 Acres with (+/-) 100 ft. of Frontage along Federal Highway
- Flexible City Center (CC) Zoning Allows for a Wide Array of Uses and Development Opportunities
Executive Summary
* Please Visit the Property Website for more Information - https://buildout.com/website/rexall *
Situated at 16-26 S Federal Highway, Rexall Drugs (the “Property”) is prominently located along the premier north-south corridor in South Florida, Federal Highway (US-1), in the heart of Dania Beach. This prime location offers access to major thoroughfares including I-95, the Florida Turnpike, Stirling Road, and U.S. Route 1.
The Property sits less than 1 mile from Fort Lauderdale-Hollywood International Airport (FLL) offering access to domestic and international air travel. Located just 5 miles south of Downtown Fort Lauderdale, and 10 miles north of Miami Beach, the Property is centrally located between the two major cities of South Florida.
Other major attractions include the Seminole Hard Rock Casino (+/- 4 miles west), Dania Pointe (+/- 1 mile west) which offers almost 1 million square feet of retail, restaurants, and entertainment, and Memorial Regional Hospital (+/- 2 miles south west) which is planning a $670M renovation and development.
The surrounding area continues to experience strong redevelopment momentum driven by projects such as Dania Pointe. Additional nearby developments include Soleste Seaside (340 Units & 12,800 sq. ft. Retail), The Place at Dania Beach (144 units), 101 Dania (308 Units), Hotel Morrison (143 keys), Hotel Dello (143 Keys) and new national retailers along Federal Highway, underscoring the city’s ongoing transformation into a vibrant coastal community.
Situated at 16-26 S Federal Highway, Rexall Drugs (the “Property”) is prominently located along the premier north-south corridor in South Florida, Federal Highway (US-1), in the heart of Dania Beach. This prime location offers access to major thoroughfares including I-95, the Florida Turnpike, Stirling Road, and U.S. Route 1.
The Property sits less than 1 mile from Fort Lauderdale-Hollywood International Airport (FLL) offering access to domestic and international air travel. Located just 5 miles south of Downtown Fort Lauderdale, and 10 miles north of Miami Beach, the Property is centrally located between the two major cities of South Florida.
Other major attractions include the Seminole Hard Rock Casino (+/- 4 miles west), Dania Pointe (+/- 1 mile west) which offers almost 1 million square feet of retail, restaurants, and entertainment, and Memorial Regional Hospital (+/- 2 miles south west) which is planning a $670M renovation and development.
The surrounding area continues to experience strong redevelopment momentum driven by projects such as Dania Pointe. Additional nearby developments include Soleste Seaside (340 Units & 12,800 sq. ft. Retail), The Place at Dania Beach (144 units), 101 Dania (308 Units), Hotel Morrison (143 keys), Hotel Dello (143 Keys) and new national retailers along Federal Highway, underscoring the city’s ongoing transformation into a vibrant coastal community.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
8,600 SF
Building Class
C
Year Built
1950
Price
$3,500,000
Price Per SF
$406.98
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Lot Size
0.60 AC
Zoning
CC - City Center - City Center
Parking
26 Spaces (3.02 Spaces per 1,000 SF Leased)
Frontage
100’ on Federal Hwy
Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,549,730 | |
| Land Assessment | $484,420 | Total Assessment | $2,100,950 |
Property Taxes
Parcel Numbers
Land Assessment
$484,420
Improvements Assessment
$1,549,730
Total Assessment
$2,100,950
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Rexall Drugs | 16-26 S Federal Hwy, Dania Beach
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