5305 Broadway

Ownership and recorded sale history

What has actually traded in Broadway / North Dixie

Recorded transactions for retail properties in the Broadway and North Dixie Highway corridor, narrowed to the buildings closest to this one in size and age.

Reading this against the corridor

The county assesses this building at $213/SF. Recorded sales of retail properties in Broadway / North Dixie since 2021 have a median of $247/SF, across a range of $114/SF to $1,482/SF.

Across those 8 recorded sales, the median sale price came in at 1.67× the county assessed value. Assessed values are set for taxation and are reset on their own schedule, so they routinely sit apart from transaction prices — in either direction.

At 1,500 SF this is a smaller building than the 3,174 SF median for retail properties trading here. Smaller footprints in this segment typically transact at a higher price per square foot.

By footprint it sits in roughly the 27th percentile of retail properties that have traded in this corridor — 11 of the 15 recorded sales were of larger buildings.

The assessment works out 14% below the median price per square foot of the comparable sales shown below. That is an arithmetic comparison of a tax figure against transaction prices, not a statement about what this building would sell for.

The lot runs 5.7× the building footprint — 8,560 SF of land under 1,500 SF of structure. Ratios that wide are usually where expansion or redevelopment questions start.

What this means for this building depends on what no public record contains — the leases, the condition, the rent roll.

Recorded sales of comparable size and vintage