$1,950,000

5048 S State Road 7 Davie, FL 33314

Estimated payment $11,972/month

Total Views 3,273
0.46 Acre
$4,239,130 Price per Acre
20,038 Sq Ft Lot

About This Lot

Compass Commercial presents a rare opportunity to acquire a 20,000 SF paved lot located across from the Hard Rock Hotel & Casino which attracts over 25-million visitors annually! Providing a high-visibility, high-traffic location ideal for a wide range of commercial uses. Conveniently situated with easy access to both I-95 and the Turnpike, ensuring strong accessibility and exposure to thousands of vehicles daily. Zoned N-MU, permitted uses include hotel, restaurants, bars, nightclubs, auto rentals, service stations, schools, and religious facilities. The site is currently leased on a month-to-month basis to a boat dealer and a billboard lease, offering immediate passive income while planning for future redevelopment. DO NOT disturb the current tenants. Showings are by appointment only.

Listing Agent

Andy Perez-Cervera

Compass Florida, LLC. License #3254314

Compass Florida, LLC.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,051

Year Built

  • 1997

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100x200
  • Property is zoned N-MU

Additional Features

  • City Lot
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Broward Gardens Condos
  • Broward Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504136020020

Property Details

Property Type

Land

Est. Annual Taxes

$13,051

Year Built

1997

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Property Sub Type: Commercial
  • Horses: No
  • Lot Size Acres: 0.46
  • Lot Size: 100x200
  • New Construction: No
  • Road Frontage Type: Interstate, State Road
  • Structure Type: Commercial
  • Subdivision Name: BROWARD GARDENS
  • Special Features: VirtualTour
  • Year Built (Public Record): 1997

Interior Features

  • Possible Use: Interstate, Intensive Development

Exterior Features

  • Lot Features: Central Business District, City Location, Less Than 1 Acre
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: BROWARD GARDENS

Utilities

  • Sewer: None
  • Water Source: Other
  • Utilities: Water Connected, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 504136020020
  • Additional Parcels: No
  • Current Use: Unimproved Business/Commercial, Unimproved Hotel/Motel
  • Lot Size Sq Ft: 20000
  • Zoning: N-MU
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 13051

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,051 $625,520 $600,000 $25,520
2024 $11,973 $625,520 $600,000 $25,520
2023 $11,973 $565,520 $540,000 $25,520
2022 $11,749 $565,520 $540,000 $25,520
2021 $5,550 $265,520 $240,000 $25,520
2020 $5,777 $327,160 $300,000 $27,160
2019 $5,128 $267,160 $240,000 $27,160
2018 $4,319 $208,360 $181,200 $27,160
2017 $4,352 $208,360 $0 $0
2016 $4,443 $208,360 $0 $0
2015 $4,545 $208,360 $0 $0
2014 $4,595 $208,360 $0 $0
2013 -- $208,360 $181,200 $27,160
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2025 01/28/25 For Sale $1,950,000 +201.9% --
07/01/2021 07/01/21 Sold $646,000 +1.6% --
05/27/2021 05/27/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $636,000 -- --
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Deed -- --
Warranty Deed $646,000 Capital Abstract & Title
Interfamily Deed Transfer -- Attorney
Deed $100 --
Interfamily Deed Transfer -- None Available
Deed $100 --
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11733669

MIAMI REALTORS® MLS

APN: 50-41-36-02-0020