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Peninsula 124

Off-Market

124 South Federal Hwy, Hallandale Beach, FL 33009

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  • Property Type Office - General Office
  • Property Size 143,244 Sqft
  • Lot Size 0.88 Acre
  • Parking Spaces Avail. 359
  • Parking Ratio 2.51/ 1,000 SF
  • LEED Proposed

Location

  • City Hallandale Beach, FL
  • Neighborhood Hallandale Beach
  • Zip Code 33009
  • Market Fort Lauderdale

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Hallandale Beach

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Hallandale Beach Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $46.30
  • 2020 Office Vacancy Rate 11.96%
  • 2020 Office Completions (Sqft)
View more Hallandale Beach market trends

Tax

  • Property Tax in 2021 $101,438
  • Market Value $4,938,030
  • Assessed Value $4,938,030

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of Peninsula 124?

Peninsula 124 totals 143,244 square feet.

When was this property built?

Peninsula 124 was built in 1954.

What is the property tax for Peninsula 124?

The property tax for Peninsula 124 in 2021 was $101,438.

What is the market value for Peninsula 124?

The market value for Peninsula 124 in 2021 was $4,938,030.

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