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828 SE 8th Ave 1,760 sq ft Vacant Office Property Deerfield Beach, FL 33441 £657,624 (£373.65/sq ft)



INVESTMENT HIGHLIGHTS
- Heavy day time traffic
- 9 suites with hot and cold water for sink
EXECUTIVE SUMMARY
We are proud to present the Palm Plaza Mixed-use value add opportunity in the Northeast Broward County Coastal Community of Deerfield Beach, FL. The two story property is located in the retail dense, Federal highway corridor featuring average daily traffic of 37,500 cars. The driving distance to the beach access is less than two and a half miles. The surrounding retail sector has seen a boom in recent years, making Palm Plaza a prime owner/user opportunity. Zoning is desirable B-1,allowing significant flexibility in zoning allowances such as many retail and office uses. Demand drives in the area are high including proximity and access to strong neighborhood demographics. Both stories are consist in 9 individual suites with hot and cold water with drain ,one kitchen and 1 bath on each floor. Each floor can be rent a suites for a different business owners or have your own business in one floor and rent the other to pay yours expensive.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER sq ft |
|---|---|---|
| Gross Rental Income |
£70,844
|
£40.25
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£70,844
|
£40.25
|
| Taxes |
£6,848
|
£3.89
|
| Operating Expenses |
£252
|
£0.14
|
| Total Expenses |
£7,099
|
£4.03
|
| Net Operating Income |
£63,745
|
£36.22
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | £70,844 |
| Annual Per sq ft | £40.25 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Effective Gross Income | |
|---|---|
| Annual | £70,844 |
| Annual Per sq ft | £40.25 |
| Taxes | |
|---|---|
| Annual | £6,848 |
| Annual Per sq ft | £3.89 |
| Operating Expenses | |
|---|---|
| Annual | £252 |
| Annual Per sq ft | £0.14 |
| Total Expenses | |
|---|---|
| Annual | £7,099 |
| Annual Per sq ft | £4.03 |
| Net Operating Income | |
|---|---|
| Annual | £63,745 |
| Annual Per sq ft | £36.22 |
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Property Type
Office
Property Subtype
Medical
Property Size
1,760 sq ft
Costar Property Class
B
Year Built
1996
Price
£657,624
Price per sq ft
£373.65
Occupancy Rate
Vacant
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
880 sq ft
Plot ratio
1.01
Total Plot Size
0.04 ac
Use Class
B-1 - Business Commercial,office,business & professional
Parking
30 Spaces (17.05 Spaces per 1,000 sq ft Leased)
AMENITIES
- Controlled Access
- Air Conditioning
Walk Score®
Easily Walkable (74)
PROPERTY TAXES
| Parcel Number | 48-43-06-28-0180 | Total Assessment | £327,985 (2025) |
| Land Assessment | £39,326 (2025) | Annual Taxes | £6,848 (£3.89/sq ft) |
| Improvements Assessment | £288,659 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
48-43-06-28-0180
Land Assessment
£39,326 (2025)
Improvements Assessment
£288,659 (2025)
Total Assessment
£327,985 (2025)
Annual Taxes
£6,848 (£3.89/sq ft)
Tax Year
2024
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D & A Suites Inc
828 SE 8th Ave
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