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JC Holdings-Meadowbrook Plaza 24 NE 1st Ave 4,968 SF 100% Leased Retail Building Dania Beach, FL 33004 $1,950,000 ($392.51/SF) 6.35% Cap Rate



Investment Highlights
- New Impact Store Front Doors and Windows
- Lots of Natural Light
- Heavy Foot Traffic From Hotel and New Apartment Building
Executive Summary
Presenting Meadowbrook Plaza, an exceptional investment opportunity consisting of a well-maintained mixed-use property featuring two residential units and four commercial units. The property offers a strong CAP rate and benefits from its strategic location within a rapidly developing corridor of Dania Beach. The area is experiencing significant growth, with numerous newly constructed hotels and apartment communities surrounding the property, enhancing both visibility and long-term value.
Meadowbrook Plaza is ideally positioned one block east of U.S. Route 1, providing convenient access to major employment and transportation hubs including Fort Lauderdale–Hollywood International Airport and Port Everglades. The property also offers immediate connectivity to major regional roadways such as Interstate 95, Interstate 595, U.S. Route 441, and Florida's Turnpike, all located just minutes away. This prime location, combined with strong in-place income and future area growth, positions Meadowbrook Plaza as a compelling opportunity for investors seeking stable returns with long-term upside.
Meadowbrook Plaza is ideally positioned one block east of U.S. Route 1, providing convenient access to major employment and transportation hubs including Fort Lauderdale–Hollywood International Airport and Port Everglades. The property also offers immediate connectivity to major regional roadways such as Interstate 95, Interstate 595, U.S. Route 441, and Florida's Turnpike, all located just minutes away. This prime location, combined with strong in-place income and future area growth, positions Meadowbrook Plaza as a compelling opportunity for investors seeking stable returns with long-term upside.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$179,360
|
$36.10
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$179,360
|
$36.10
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$55,510
|
$11.17
|
| Net Operating Income |
$123,850
|
$24.93
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $179,360 |
| Annual Per SF | $36.10 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $179,360 |
| Annual Per SF | $36.10 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $55,510 |
| Annual Per SF | $11.17 |
| Net Operating Income | |
|---|---|
| Annual | $123,850 |
| Annual Per SF | $24.93 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,968 SF
Building Class
C
Year Built/Renovated
1959/2025
Price
$1,950,000
Price Per SF
$392.51
Cap Rate
6.35%
NOI
$123,825
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.52
Lot Size
0.22 AC
Zoning
TOD - CC City Center
Parking
13 Spaces (2.62 Spaces per 1,000 SF Leased)
Fairly walkable
50/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 50-42-34-04-0050 | Improvements Assessment | $660,440 (2026) |
| Land Assessment | $194,780 (2026) | Total Assessment | $855,220 (2026) |
Property Taxes
Parcel Number
50-42-34-04-0050
Land Assessment
$194,780 (2026)
Improvements Assessment
$660,440 (2026)
Total Assessment
$855,220 (2026)
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Presented by
Keter Estates
JC Holdings-Meadowbrook Plaza | 24 NE 1st Ave
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