BreakThru Realty

24 NE 1st Avenue, Dania Beach, FL 33004

$1,950,000 · $393 per sq ft · Mixed-Use for sale

  • Property type: Mixed Use
  • Asking price: $1,950,000
  • Price per sq ft: $393
  • Building size: 4,968 sq ft
  • Lot size: 9,583 sq ft
  • Zoning: CC
  • Year built: 1959
  • Units: 6
  • Stories: 2
  • Net operating income: $124,284/yr
  • Cap rate: 6.4%
  • Occupancy: 100%
  • Tenant pays: Electricity, HVAC Maintenance, Interior Electric, Maintenance
  • Buildings: 1
  • Parking spaces: 13
  • Parcel ID: 504234040050
  • MLS#: A11985842
Photo 1 at 24 NE 1st Avenue, Dania BeachPhoto 2 at 24 NE 1st Avenue, Dania BeachPhoto 3 at 24 NE 1st Avenue, Dania BeachPhoto 4 at 24 NE 1st Avenue, Dania BeachPhoto 5 at 24 NE 1st Avenue, Dania BeachPhoto 6 at 24 NE 1st Avenue, Dania BeachPhoto 7 at 24 NE 1st Avenue, Dania BeachPhoto 8 at 24 NE 1st Avenue, Dania Beach

About this property

Presenting JC Holdings-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.

Building Features and Utilities

  • CBS

Rent Roll

Unit typeUnitsBeds / bathsSizeRent per unitPro forma
Shop(s)1——$3,351/mo—
Shop(s)1——$2,730/mo—
Shop(s)1——$2,500/mo—
Shop(s)1——$3,334/mo—
1 Bedroom11 / ——$1,285/mo—
2 Bedroom12 / ——$1,800/mo—

6 units. Reported rent $180,000 a year ($15,000 a month).

Unit types and rents as the listing reports them in the MLS. Ask the listing broker for the leases and the trailing twelve months before you rely on them.

Operating Statement

Gross scheduled income$179,994/yr
Property taxes$20,446/yr
Other$55,709/yr
Net operating income$124,284/yr
Cap rate at asking price6.4%

Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.

About the Business at 24 NE 1st Avenue

  • Included: Building, Land, Leases

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Keter Estates LLC · ericamiz@aol.com · Listing agent: Erica Mizrahi

BeachesMLS logo All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Request a tour or more information

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 24 NE 1st Avenue or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Questions About 24 NE 1st Avenue

How much is 24 NE 1st Avenue?
24 NE 1st Avenue is listed at $1,950,000, about $393 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
What is the cap rate on 24 NE 1st Avenue?
The listing reports net operating income of $124,284 a year, a cap rate of about 6.4% at the $1,950,000 asking price. Seller-reported income is a starting point: verify it against the rent roll, the leases and the operating statements during due diligence.
What is 24 NE 1st Avenue zoned?
The listing reports zoning of CC. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
How big is 24 NE 1st Avenue?
The listing reports 4,968 square feet of building.
When was 24 NE 1st Avenue built?
24 NE 1st Avenue was built in 1959. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
What are the property taxes on 24 NE 1st Avenue?
The listing reports annual property taxes of $20,446 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
How do I tour 24 NE 1st Avenue?
Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

More Commercial Listings Nearby

See every commercial listing in Dania Beach or browse Florida commercial real estate.

Explore