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4950 S State Road 7 46,456 SF Retail Building Davie, FL 33314 $11,950,000 ($257.23/SF)
INVESTMENT HIGHLIGHTS
- Prime location directly across from Hard Rock Hotel & Casino with exceptional daily traffic exposure.
- High-demand corridor supported by strong market comps and proven rental performance.
- Excellent visibility and accessibility from major transportation routes for maximum customer reach.
- Flexible zoning allows multiple development options including restaurant, medical, office, or mixed-use concepts.
- Strategic positioning in a rapidly growing market ensures long-term value appreciation.
- Rare opportunity to capitalize on robust demographic drivers and sustained area growth.
EXECUTIVE SUMMARY
Exceptional investment opportunity positioned along the high-visibility State Road 7 corridor in Hollywood. This property offers unmatched potential for retail development, strategic redevelopment, or a long-term hold approach. Located in one of South Florida’s fastest-growing corridors, the site benefits from strong demographic drivers, robust traffic counts, and direct access to major transportation routes, ensuring consistent exposure and connectivity.
The surrounding area is experiencing rapid growth, fueled by new residential and commercial developments, making this an ideal location for investors seeking upside potential. With its prime frontage and accessibility, the property is perfectly suited for retail concepts, mixed-use projects, or value-add strategies that capitalize on the area’s momentum.
Whether your goal is immediate redevelopment or securing a high-performing asset for future appreciation, this property delivers the fundamentals that matter most: visibility, accessibility, and market growth. Investors will appreciate the opportunity to position themselves in a thriving corridor with strong demand indicators and long-term stability.
The surrounding area is experiencing rapid growth, fueled by new residential and commercial developments, making this an ideal location for investors seeking upside potential. With its prime frontage and accessibility, the property is perfectly suited for retail concepts, mixed-use projects, or value-add strategies that capitalize on the area’s momentum.
Whether your goal is immediate redevelopment or securing a high-performing asset for future appreciation, this property delivers the fundamentals that matter most: visibility, accessibility, and market growth. Investors will appreciate the opportunity to position themselves in a thriving corridor with strong demand indicators and long-term stability.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Restaurant
Building Size
46,456 SF
Building Class
C
Year Built
1964
Price
$11,950,000
Price Per SF
$257.23
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
1.07 AC
Zoning
N-MU - Neighborhood Mixed-Use
Parking
12 Spaces (0.26 Spaces per 1,000 SF Leased)
Frontage
162’ on S State Road 7
AMENITIES
- Bus Line
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 50-41-36-06-0052 | Improvements Assessment | $772,680 |
| Land Assessment | $420,840 | Total Assessment | $1,193,520 |
PROPERTY TAXES
Parcel Number
50-41-36-06-0052
Land Assessment
$420,840
Improvements Assessment
$772,680
Total Assessment
$1,193,520
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4950 S State Road 7
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