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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)

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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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures how walkable a location is.
Transit Score® measures access to public transport.
Bike Score® measures how accessible a location is by bike
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures how walkable
a location is. Transit Score®
measures access to public transport. Bike Score®
measures how accessible a location is by bike®

PROPERTY TAXES

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
  • Listing ID: 35933587

  • Date on Market: 21/05/2025

  • Last Updated:

  • Address: 828 SE 8th Ave, Deerfield Beach, FL 33441

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