For Sale
$4,500,000

520 Federal Hwy Pompano Beach, FL 33062

High-traffic retail center, investment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional investment opportunity presents a 0.6639-acre retail center located at 520 S Federal Highway in Pompano Beach, Florida, 33062. The property, built in 1954, currently operates as a four-tenant retail center, supplemented by a small garage/storage area. The asking price is $4,500,000. The property consists of two units and sits on a sizable lot. Its B-3 zoning offers remarkable versatility, allowing for a wide range of uses including multi-family residential, mixed-use developments, daycare/school facilities, medical offices, churches, boat sales, veterinary clinics, animal grooming businesses, travel agencies, bars/restaurants, new car sales, car and truck rentals, banks, dry cleaners, drug stores/pharmacies, regional liquor stores, and consignment shops. This prime location on Federal Highway ensures high traffic counts and access to a desirable demographic, making it an ideal investment for owner-users or those seeking strong rental income. The property's flexibility and location combine to present a compelling opportunity for significant return on investment. Serious inquiries are encouraged to explore the potential of this exceptional property.

Highlights

  • Exceptional investment opportunity: 0.6639-acre retail center in Pompano Beach, FL.
  • Four-tenant retail center with additional garage/storage, built in 1954.
  • Asking price: $4,500,000.
  • Two-unit building on a large lot with B-3 zoning.
  • High-traffic location on Federal Highway with diverse permitted uses including multi-family, mixed-use, and various commercial options.

Property Details for 520 Federal Hwy

Property type
Retail properties
Year Built
1954
Units
2

Location Insight

City
Pompano Beach
County
Broward
State
Florida
Latitude
26.2265047
Longitude
-80.1023442

FAQs

What type of property is this?
Retail property - High-traffic retail center, investment opportunity.
Where is the retail property located?
The property is located at 520 Federal Hwy Pompano Beach, FL.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Exceptional investment opportunity: 0.6639-acre retail center in Pompano Beach, FL.; Four-tenant retail center with additional garage/storage, built in 1954.; Asking price: $4,500,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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520 Federal Hwy
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