This exceptional commercial property, a former Wells Fargo bank, presents a unique investment opportunity in Pompano Beach, Florida. The 9,841 square foot, two-story building sits on a 1.39-acre lot (60,548 square feet) at the highly visible intersection of SR A1A and NE 2nd Street. The property boasts 250 feet of frontage and offers 74 parking spaces. Built in 1970, the building is currently vacant and available for lease, either as a building lease or a ground lease. Liberal B-2 zoning with an Atlantic Overlay allows for diverse uses, including restaurant, retail, office, and hotel, with a 105-foot maximum height limit. Its prime location, just one block west of the Pompano Beach Fishing Pier and public beach access, and directly across from the Pompano Beach Fishing Village development (including a large parking garage, hotel, and beachfront amenities), ensures high visibility and accessibility. The surrounding area features high-rise condominiums and numerous new high-end developments under construction or planned nearby, including the Ritz Carlton and Waldorf Astoria. The property benefits from a strong draw from surrounding communities such as Fort Lauderdale, Lauderdale-by-the-Sea, Lighthouse Point, Coconut Creek, and Coral Springs. Pompano Beach's renowned beach further enhances the property's appeal. The property's tax cost per square foot is $7.89. The APN is 484331000525, located in Broward County, Florida, zip code 33062. This is a rare chance to acquire a significant commercial property in a thriving coastal location.
Property Details
for 199 Ocean Blvd
Property type
Restaurants, Office properties
RSF (Rentable sq. ft)
9,841 SF
Year Built
1970
Buildings
1
Stories
2
Unit(s) available at that property
Space
Size
9,841 SF
Rate per SF
$35
Location Insight
City
Pompano Beach
County
Broward
State
Florida
Latitude
26.23539714863
Longitude
-80.090891655906
199 Ocean Blvd, Pompano Beach, Florida
Nearby Similar for Lease
For Lease
$31/SF/YR
Pompano Beach Medical Office Space
Prime Pompano Beach medical office, 3,200 sq ft available.
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Contacts
Nathan Werner
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199 Ocean Blvd, Pompano Beach, Florida, 33062
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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199 Ocean Blvd
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