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$4,085,000 Just Listed
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Property Description
Stabilized NNN investment on US-1 in Hallandale Beach. Two-story commercial building totaling approximately 6,800 SF with a long-term triple-net lease to a national medical cannabis operator on the ground floor and a second-floor office suite generating additional income. Ground floor tenant is a national, licensed, operating dispensary with a proven track record and long-term lease in place with renewal options, providing investors with durable, predictable cash flow from a credit-quality national tenant. Located on Federal Highway with high visibility and traffic counts, the property benefits from strong regional demographics serving the Hallandale Beach, Aventura, and Sunny Isles markets. Ideal for a 1031 exchange buyer or passive investor seeking stabilized income in a high-demand South Florida corridor. Minimal landlord responsibilities under the NNN structure. Rent and financials available upon request to qualified buyers.
Full Property Details
Full Property Details for 308 N Federal Hwy
General
- Price: $4,085,000
- Taxes: $45,259
- Status: Active
- Type: Retail
- Source: Greater_Miami
- MLS ID: A11991384
- Updated: 3/30/2026
- Added to Site: 5 day(s) ago
Business
- Business Type: Office Space, Retail Space
Rental Information
- Lease/Rent Term: 1 To 3 Year Lease, Annual Lease, Long Term Lease
Parking
- Total Spaces: 23
- Parking Features: Additional Spaces Available, Common, Free Parking
Location
- County: Broward County
- Building Name: 308 N Federal
- Driving Directions: From I-95, take Hallandale Beach Blvd east to Federal Highway (US-1), turn north. Property is on the east side of Federal Highway at 308 N Federal Hwy, Hallandale Beach.
Community
- Units Assoc/Comm: 4
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Individual A/C
Utilities
- Sewer: Public Sanitation
- Water: Public
Structural Information
- Structure Type: Free Standing, Office/Retail
- Detached/Attached: Detached
- Building Size: 6800
- Year Built: 1965
- Other Struct. Feat.: Balconies, Office
Unit Information
- Units in Complex: 4
Lot Features
- Lot Size (Sq. Ft.): 13,781
- Zoning: CENTRAL
Financial Considerations
- Tax Amount: $45,259
- Terms: All Cash, Exchange, Owner Will Carry
- Tenant Pays: Common Area Maintenance, Exterior Electric, Electricity, Janitorial Service, Lawn Care, Management
Disclosures and Reports
- Special Conditions: Sale
- Documents Avail.: Aerial Photo(S), Investment Analysis, Photos, Rent Rolls
- Legal Description: ATLANTIC SHORES DIXIE HIGHWAY SECTION 9-34 B LOT 1 TO 5 ALL LESS RD DESC IN CA 74-10225, PAR NO 113 BLK 1
- Inclusions: Building & Land, Leases
- Property ID: 514222130010
Listed by Avanti Way Realty LLC
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Schools
Schools serving 308 N Federal Hwy
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Hallandale Elementary School 1000 Southwest 3rd Street, Hallandale Beach, FL 33009 | K-5 | 1.4 mi |
Hallandale High School 720 Northwest 9th Avenue, Hallandale Beach, FL 33009 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 308 N Federal Hwy
Date
Details
Price
Change
Source
3/30/2026
Listed
$4,085,000
126.94%
MLS
11/02/2016
Sold
$1,800,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 308 N Federal Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2024
$45,726
-2%
$2,038,620
—
2023
$46,819
13%
$2,038,620
7%
2021
$41,558
-10%
$1,902,710
-7%
2022
$46,007
11%
$2,038,020
16%
2021
$41,558
7%
$1,752,900
—
2019
$38,748
5%
$1,748,290
—
2018
$36,890
7%
$1,748,290
2%
2017
$34,466
116%
$1,714,000
130%
2016
$15,955
11%
$743,790
15%
2015
$14,388
—
$648,050
5%
2014
$14,414
-2%
$615,420
2%
2013
$14,701
—
$606,040
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 308 N Federal Hwy
308 N Federal Hwy, Hallandale Beach, FL 33009 (MLS# A11991384) is a Retail property. 308 N Federal Hwy is currently listed for $4,085,000 and was received on March 30, 2026. Want to learn more about 308 N Federal Hwy? Do you have questions about finding other Retail real estate for sale in Hallandale Beach? You can browse all Hallandale Beach real estate or contact a Coldwell Banker agent to request more information.

