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423-425 NW 10th Ter - Wedgewood Business Park

3,385 SF Flex Condo Unit Offered at $1,849,000 in Hallandale Beach, FL 33009

Investment Highlights

  • 423-425 NW 10th Terrace offers two meticulously maintained connected commercial condos thoughtfully designed for today's professionals.
  • Interior features include polished tile and plank flooring, modern glass-walled offices, vibrant windows, and versatile open workspaces.
  • Offered for lease or sale, occupants will enjoy an outdoor leisure area with a putting green, lounge seating, and waterfront dock.
  • North of Miami, the property provides incredible accessibility to local amenities and connectivity to Interstate 95 and US Highway 1.

Executive Summary

423-425 NW 10th Terrace introduces an exceptional opportunity to own or lease contemporary commercial condos within the Wedgewood Business Park in Hallandale Beach. Spanning 3,385 square feet, these modern spaces are designed for productivity and comfort, featuring a welcoming reception area with sleek overhead track lighting, polished tile and plank flooring, glass-walled private offices, and open workstations flooded with natural light. The property also includes a generously sized storage room for additional equipment and materials. Enhancing the appeal of this waterfront property and adding a little bit of daytime fun, a leisure area complete with a dock, putting green, basketball hoop, and inviting outdoor seating and lounge spaces provide the perfect setting for relaxation or informal gatherings. The sale includes two folios, 10 assigned parking spaces, and two covered parking spaces, with quarterly condo maintenance set at $1,250. Near Interstate 95 and US Highway 1/Biscayne Boulevard, 423-425 NW 10th Terrace offers swift access to various shopping, dining, and entertainment options. A few miles north of Miami, the property provides direct routes to major highways and public transportation, offering a mere 13-minute drive from Fort Lauderdale-Hollywood International Airport (FLL) and only five minutes from the Hollywood Tri-Rail station. Take advantage of this prime opportunity to secure a stylish office in a highly desirable locale.

Property Facts

Price $1,849,000
Unit Size 3,385 SF
No. Units 1
Total Building Size 20,160 SF
Property Type Flex (Condo)
Property Subtype Light Manufacturing
Sale Type Investment or Owner User
Building Class B
Floors 1
Typical Floor Size 20,160 SF
Year Built 1977
Lot Size 2.47 AC
Parking Ratio 0.6/1,000 SF

1 Unit Available

Unit 423-425

Unit Size 3,385 SF
Price $1,849,000
Price Per SF $546.23
Condo Use Flex
Sale Type Investment or Owner User
Cap Rate 6.82%
NOI $126,093.60
Description

Encompassing two condo folios, 423 and 425 NW 10th Terrace offers a combined 3,385 square feet of prime office space beautifully built out with modern accents. The property also features a outdoor leisure area.

Private Office with a Window
Shared Workspace with a Window
Some Offices Come with Frosted Glass Walls
Shared Workspace
Shared Workspace

+12 More

Office/Lounge with Large Table and Seating Space
View Photo Private Office with a Window
View Photo Shared Workspace with a Window
View Photo Some Offices Come with Frosted Glass Walls
View Photo Shared Workspace
View Photo Shared Workspace
View Photo Office/Lounge with Large Table and Seating Space
View Photo TV Access to Security Cameras
View Photo Another Shared Office Space
View Photo Plenty of Windows Bringing in Natural Lighting
View Photo Interior Shared Office Space with a Mirror
View Photo Office with Printer/Copy Area
View Photo Private Office with Emergency Door Exit
View Photo Kitchenette/Break Room
View Photo Stainless Appliances with Ample Cabinetry
View Photo Convenient Grade-Level Doors for Loading/Unloading
View Photo Clean, Modern Restrooms
View Photo Clean, Modern Restrooms
Bike Score ®
Very Bikeable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

DEMOGRAPHICS

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
Hialeah
238,942
14
0 h 26 m
Miami
470,914
16
0 h 25 m
Orlando
285,713
220
4 h 7 m
Saint Petersburg
265,098
249
4 h 35 m
Tampa
392,890
269
4 h 57 m
Jacksonville
903,889
335
6 h 16 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
1,209,971
Total Labor Force
652,600
Unemployment Rate
2.56%
Median Household Income
$59,263
Warehouse Employees
76,539
High School Education Or Higher
88.60%

Amenities

  • 24 Hour Access
  • Air Conditioning

Nearby Amenities

Restaurants

Ajiacos Restaurant Colombian - 4 min walk
Burger King - - 5 min walk
Lily Gastronomia Italian - - 6 min walk
Denny's American - 7 min walk
L'Chaim A Restaurant - $$ 9 min walk
Marash Turkish Cuisine Turkish $$$ 12 min walk

Retail

OneMain Financial Finance Company 4 min walk
Health Mart Pharmacy Drug Store 7 min walk
T-Mobile Wireless Communications 10 min walk
Guitar Center Music Instruments 9 min walk
Winn-dixie Supermarket 9 min walk
Wells Fargo Bank 14 min walk

Hotels

Tapestry Collection by Hilton
100 rooms
6 min drive
Hampton by Hilton
151 rooms
6 min drive
aloft Hotel
207 rooms
7 min drive
AC Hotels by Marriott
233 rooms
8 min drive
Four Points by Sheraton
154 rooms
9 min drive
Le Meridien
245 rooms
10 min drive

zoning

Zoning Code I-L (Warehouse; Office; Light Industrial)
I-L (Warehouse; Office; Light Industrial)

Sale Advisor

Sale Advisor

(786) 602-6084
Contact
Ana Carolina Eleuterio, Realtor Associate
(786) 602-6084
Contact
Ana Carolina is an experienced Realtor Associate at TruCity specializing in residential real estate in the South Florida region.
  • Listing ID: 33207492

  • Date on Market: 9/17/2024

  • Last Updated:

  • Address: 423-425 NW 10th Ter, Hallandale Beach, FL 33009

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