Imagine the possibilities with this expansive 27,902 square foot (.64 acre) lot, perfectly positioned along US 1 Federal highway in the vibrant Dania Beach! This prime location offers not just a piece of real estate, but a golden opportunity for development or redevelopment. Picture yourself just a leisurely stroll away from shopping, dining, and entertainment galore, with the stunning beaches, airport, and cruise lines just minutes from your doorstep. Currently, a charming little guacamole stand adds a steady stream of income on a month-to-month basis while you plan your next big venture. Whether you're dreaming of a chic retail space, a trendy restaurant, or a luxurious residential complex, this lot is just the perfect location for anything!
This property is $2.8M more than the Median Sold Price in Dania Beach, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #RX-11038863
Listing Office:
Office Name: Vue Real Estate, Inc.
Office Phone: (561) 929-3375
Listing Agent: Grace Schwartz
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.
This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 1:24:42 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Sep 01, 2010
Sep 01, 2010Home Sold
$600,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$20,091
$1,005,480
2019
$18,098
$710,760
2018
$14,752
$646,150
2017
$14,752
$586,320
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$16.2K
Per Month
Principal & Interest
$16.2K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$9,810
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Collins Elementary School
1050 NW 2nd St
Distance between this listing and this school0.44 miles
Public District Grades PK-5
7
/10
Dania Elementary School
300 SE 2nd Ave
Distance between this listing and this school0.57 miles
Public District Grades KG-5
5
/10
Mary M. Bethune Elementary School
2400 Meade St
Distance between this listing and this school0.99 miles
Public Magnet Grades PK-5
Nearby Schools
4
/10
Attucks Middle School
3500 N 22nd Ave
Distance between this listing and this school0.99 miles
Public Magnet Grades 6-8
3
/10
Olsen Middle School
330 SE 11th Ter
Distance between this listing and this school1.31 miles
Public District Grades 6-8
10
/10
Beachside Montessori Village
2230 Lincoln St
Distance between this listing and this school2.68 miles
Public Magnet Grades PK-8
Nearby Schools
4
/10
South Broward High School
1901 N Federal Hwy
Distance between this listing and this school1.75 miles
Public Magnet Grades 9-12
6
/10
Avant Garde Academy of Broward
2025 McKinley St
Distance between this listing and this school2.05 miles
Public Charter Grades 6-12
1
/10
Seagull School
425 SW 28th St
Distance between this listing and this school2.39 miles
The neighbors living near this home have an average income of $58,287. Typical income of Dania Beach, FL residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 118 N Federal Hwy
What is the listing price of this property?
The listing price of 118 N Federal Hwy property is $3,250,000.
What type of property is this?
The property 118 N Federal Hwy is land located in Dania Beach, Florida, 33004.
Is this property for sale now?
Active Listing: 118 N Federal Hwy is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $20,091 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 1, 2010 for $600,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 118 N Federal Hwy in Dania Beach, FL and zip code 33004. This home sits on a 0.64 acre lot. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $3,250,000.
Over 1 listings were sold over their listed price in November 2024 in Dania Beach, FL. In the same period over 9 listings were sold below the listed price and 3 listings were sold for the listed price. Between October 2024 and November 2024, Dania Beach, FL real estate market has seen increase in the number of listings by 7.4%. The median list price of listings available in November 2024 was $410,000, while the average time on the real estate market was 77 days.
From Rocket Homes Real Estate and based on county public records data.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc. 
Pro Boxing
Pro Boxing
Figure Skating
Soccer
Burlington
Family Dollar
Forever 21
Popeyes
Church's Chicken
Dominos Pizza
Dodge
Cadillac
Mazda
Urban Contemporary
Jazz
Rhythmic Contemporary Hits