Tiram Real Estate Enterprises Acquires Property In Dania Beach From Dania Land Trust For $3.58M

The property involved in this transaction is located at 212 S Federal Hwy, Dania Beach, FL, within the Dania market. The property was sold for $3,580,000.00 and encompasses a total area of 11,480 square feet. It is situated on .87 acres of land and includes three separate buildings. The sale includes an office/showroom along US-1 and an industrial building, both of which are leased back to the seller. Additionally, a middle retail building hosting five tenants was noted to be fully occupied at the time of sale.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: $3,580,000.00
• Address: 212 S Federal Hwy, Dania Beach, FL
• Market: Dania
• Buyer: Tiram Real Estate Enterprises LLC
• Seller: Dania Land Trust
• Buyer’s Representative: Gil Terem - Sterling Equity Realty
• Seller’s Representative: Patrick Conness - Conness Crissy Realty
• Square Footage: 11,480
• Date of Closing: June 17
• Land Area: .87 acres

Penned by Patrick Conness of Conness Crissy Realty, this transaction marks their third in the South Broward market in less than nine months, with a cumulative transaction volume exceeding $15 million. Tiram Real Estate Enterprises LLC, the buyer, was represented by Gil Terem from Sterling Equity Realty. The location benefits from proximity to key transportation routes, enhancing accessibility for potential tenants and operations.