520 Federal HwyPompano Beach, FL 33062

Property Details for 520 Federal Hwy

Year built

1954

Property type

Retail properties

Description

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.

Location Insight

City

Pompano Beach

County

Broward

State

Florida

Latitude

26.2265

Longitude

-80.1023

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