351 Cypress RdPompano Beach, FL 33060

Property Details for 351 Cypress Rd

Year built

1984

Construction

CONCRETE

Lot size

2.43 AC

Property size (Sq ft)

46,454 SF

Zone code

B-2

Property type

Office buildings

APN

49-42-02-30-0020

APU

494202300020

Description

This exceptional Class A medical office space, located at 351 S Cypress Rd, Pompano Beach, FL 33060, presents a unique investment opportunity. Situated in Broward County, this four-story building, constructed in 1984 and extensively renovated in 2024, offers 3,200 square feet of immediately available space within a multi-tenant building. The space boasts a 15-foot ceiling height, creating a spacious and versatile environment. With ample natural light and a flexible layout, it's perfectly suited for a variety of medical uses. The building provides 150 parking spaces for convenient client and staff access. This prime location in the heart of Pompano Beach ensures high visibility and easy access to major transportation routes, shopping, and dining amenities. The property's strategic placement guarantees maximum exposure to a high volume of traffic, making it an ideal location for a thriving medical practice. Don't miss this chance to establish your business in a vibrant and accessible location. The property's recent renovation ensures modern, efficient, and attractive space ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $13,810,930

  6.5%

  $12,748,551

  7%

  $11,837,940

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,723,441

  Geo Method

  $13,723,441

• Alternative Use

  Use

  Valuation

  Residential

  $15,808,203

  Hospitality

  $14,480,229

  Educational

  $12,047,381

  Medical

  $12,461,709

  Retail

  $18,740,370

Location Insight

City

Pompano Beach

County

Broward

State

Florida

Latitude

26.2261

Longitude

-80.1238

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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