Grove Commercial Center
Homes for Sale in Davie, FL
True comps, carrying-cost math, and listings before the portals.
Grove Commercial Center sits in Davie, a Broward County market where the median sale price is $685,000 and properties move in sixteen days. The per-square-foot median of $355 tells you this is commercial or mixed-use space, not traditional residential—pricing here reflects income potential, lease terms, and location value more than bedrooms and baths.
The year-over-year gain of 6.5 percent and the sub-three-week absorption say investor interest remains steady. With only three closings in the window, this is a thin sample; each deal matters, and comparable sales will be sparse. Buyers need to underwrite income independently and verify zoning and use rights before making an offer.
Grove Commercial Center right now
🟡 Still climbing. The trailing-12-month median ($685K) is up 6.5% from the prior 12 months ($643K). With about 3 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Beaches MLS closed sales, 12-month windows ending July 15. Confidence: Low (3 and 4 sales in the two windows).
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Updated July 15, 2026 · Live data: Beaches MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Grove Commercial Center market snapshot (as of July 15, 2026): the median sale price is about $685K ($355 per sq ft over the trailing 12 months of closed sales), and a median 16 days on market for closed sales. The trailing-12-month median is up 6% from the prior 12 months, computed from record-level Beaches MLS closed sales (3 closings in the current window).
Grove Commercial Center is a small commercial node in Davie where the median close is $685,000 and inventory turns over in just over two weeks—tight supply and investor demand drive the tempo here.
Who Grove Commercial Center is best for.
Best for
- Experienced commercial investors comfortable underwriting income and managing tenant turnover in a small center
- Owner-users seeking Davie location and highway access for their own business operations
- Buyers with all-cash or pre-arranged commercial financing who can close in under three weeks
Probably not for
- First-time investors expecting residential-style financing or turnkey cash flow without due diligence
- Anyone looking for a hands-off, management-free asset with guaranteed rent escalations
- Buyers who need abundant comparable sales and deep market history to feel confident in pricing
The Grove Commercial Center buying strategy.
If we were buying in Grove Commercial Center today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Grove Commercial Center.
Income, not bedrooms
This is a commercial center, so every price conversation starts with rent rolls, tenant quality, lease duration, and cap rate. The sixteen-day median time on market reflects both scarcity and the reality that qualified buyers have financing lined up and deals move quickly once terms align. The 6.5 percent year-over-year change suggests stable demand, but the three-closing sample means any single transaction can skew the numbers.
Davie's location—between Fort Lauderdale and the western suburbs—gives the center highway access and a regional draw, but you are buying a business asset, not a home. Due diligence here means verifying every lease, understanding traffic counts, confirming permitted uses, and stress-testing your pro forma against vacancy and capital-expenditure assumptions. The per-square-foot median of $355 is a starting point, not a ceiling or floor; condition, tenant mix, and parking all move the needle.
No community amenities are identified in the MLS, which is typical for commercial property—value is in the cash flow and the real-estate fundamentals, not shared pools or clubhouses. If you are an owner-user, factor in your own operating needs and the cost of any tenant improvements. If you are a passive investor, this market rewards local knowledge and boots-on-the-ground management.
The location and the amenities are priced into every listing in Grove Commercial Center. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
Commercial transactions demand broker expertise in lease analysis, zoning, and valuation methods that differ sharply from residential. Momentum's agents bring that dual fluency and the regional network to source off-market deals, connect you with lenders who understand commercial underwriting, and walk you through due diligence without the cheerleading. In a market this thin, having a broker who will tell you when the numbers do not work is the difference between a sound investment and an expensive lesson.
Grove Commercial Center in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Grove Commercial Center buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Grove Commercial Center sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Grove Commercial Center, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Grove Commercial Center home worth?
Get a no-obligation home value based on real comparable sales in Grove Commercial Center, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in Grove Commercial Center?
How long do homes in Grove Commercial Center take to sell?
Who is the best real estate agent for Grove Commercial Center?
How do I find a top Davie real estate agent who knows Grove Commercial Center?
Can Momentum Realty connect me with an agent for Grove Commercial Center?
Should you buy in Grove Commercial Center?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Beaches MLS closed sales, 12-month windows ending July 15, 2026 |
| Under-contract shares | Beaches MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2023 (11 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Beaches MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Beaches MLS member average and 8 days faster, and we’ll price yours against live your area comps.
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