Dania Beach Commercial Market Research

Dania Beach Commercial Market Research

Introduction to Dania Beach

Dania Beach, so named by the Danish residents who first lived there, is located in South Florida between Fort Lauderdale and Miami in a culturally diverse community with all the appeal of small town living. It was incorporated into Broward County in November 1904 with only 35 residents. Today with a population of nearly 30,000 people, Dania Beach remains one of Florida’s most fascinating cities. 

Dania Beach not only provides a luxurious ocean view, but also offers a wide range of activities to pass the time including fishing, windsurfing, snorkeling, kiteboarding and much more. 

Stroll the immaculate parks and beaches while taking in the fresh sea breeze with the wide expanse of the gorgeous Atlantic Ocean. There are plenty of places to shop including a historic antiquities district with unique vintage finds. Take time to browse Dania Beach’s local art galleries, sip coffee at a local shop, or try some famous ice cream. Why not take a gamble and try your hand at Poker? Dania Beach is known for its alluring Poker tournaments. Want something more exciting? Stop by Dania Jai-Alai and watch one of the word’s fastest games! 

When you are not lying on the sand soaking up the sun, give surfing a try in the blue-green waves that roll onto the beach. Hitch a ride with a sea captain for a day trip at sea or explore the Atlantic’s inner depths with some scuba diving. 

If you’re looking for a nice and relaxing time, come spend the day on the beach and enjoy gorgeous evening sunsets. Dania Beach is definitely not one of your typical beach-side towns. Dania Beach provides more to visitors than what meets the eye. From fishing and windsurfing to rollercoaster rides and Jai-Alai, Dania Beach offers a variety activities for all ages. So pack your bags and book your flight today. Visit Dania Beach, a place where relaxation and surf takes precedence. 


Economic Outlook

  • We’re (much) closer to the end of the expansion than the beginning
    • Job growth slowing as we near full employment
    • Inflation and interest rates finally rising in earnest
    • Another 1 or 2 good years left but rising downslide with increased risk by 2020
    • Southeast continues to moderately outperform but is still vulnerable to a downturn
  • We are much closer to the top of the market cycle than the bottom
    • Absorption and sales transactions continue to slow
    • Financial returns will continue easing as rates stabilize/rise
    • Strong investor interest will maintain asset values… for now
  • Next recession/downturn likely to be kinder to the property sector
    • "The Great Recession" of 2008 was unusually deep/long/broad… and was focused on real estate
    • The next recession will likely be shallower/shorter/regional, and focused on other sectors

Development Regulation and Pipeline Notes

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Rent Survey - Dania Beach Commercial

The following are rent surveys for Dania Beach Commercial Office Buildings. We invite you to utilize the rent surveys provided below in researching your investment property or a prospective purchase.

That being said, if you're considering selling or acquiring a commercial investment property it's best to get the most up-to-date information to support your decision. In this case, please contact Peter Dacko for a complementary Proposal to Market. This Proposal to Market will include the most current rent surveys and other information complied specifically for your subject property.

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Comparable Sales - Dania Beach Commercial Properties

The following document is a comparable sales sheet for commercial office buildings in Dania Beach.

Why Comparable Sales?

The market or direct sales comparison approach is a strategy to estimate the of value of a property. In this approach we undertake a process of comparing market data - that is, prices paid for similar properties, prices asked by owners, and offers made by prospective buyers or the tenants willing to buy or lease.

Typically a comparison grid is used and adjustments are made to each comparable sale used for major differences between the comparable and the subject property. These adjustments are made for factors like location, construction quality, and significant amenities. In this approach (the market/direct sales approach), the attempts are made to both gauge and reflect the anticipated reaction by a typical purchaser to the subject property. 

Taking this approach can sometimes have beneficial outcomes for the estimated value of your property as compared to other appraisal strategies. As a broker, it's my job to establish the best value I can in any property I bring to market. That's why I spend the time to create comparable sales sheets and establish the value of my client's property.

What are Comparable Sales?

When I research comparable sales, I'm researching properties that are similar to a subject property in most respects. I do this research for each subject property that I'm considering taking to market. I determine if another property is a comparable sale if

  1. The property is located in a nearby location.
  2. If it has recently sold for a fair market value.
  3. It has other pertinent characteristics that are similar to the subject property.

The selection of comparable sales is in most appraisals is the single most determining factor in establishing the value of the property. It is essential to fully research the local real estate market and determine which comparable sales represent the best value characteristics of the subject property. 

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If you're interested in receiving the most up-to-date rent surveys and comparable sales for your subject property, please contact me for a complementary Proposal to Market. My firm, Media Realty enables our clients to maximize their net returns by providing the best information. This allows our clients to make the most educated decision in a timely manner. Let us create value for you!

The information contained herein is not a substitute for a thorough due diligence investigation. Media Realty has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB's or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property.  The information has been obtained from sources we believe to be reliable; however, Media Realty has not verified, and will not verify, any of the information contained herein, nor has Media Realty conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all the information set forth herein.