1941 Dixie HwyPompano Beach, FL 33060

Property Details for 1941 Dixie Hwy

Year built

1973

Construction

CONCRETE

Lot size

0.53 AC

Property size (Sq ft)

7,710 SF

Zone code

B-3

Property type

Retail space

APN

48-42-26-07-0540

APU

484226070540

Description

This exceptional 7,470 square foot retail property enjoys a prime location near the recently renovated Pompano Beach. The building has recently undergone a complete exterior renovation, presenting a fresh and modern façade. Landscaping and parking lot improvements are nearing completion, enhancing the property's curb appeal and functionality. The space is configured into four individual suites: three at 1,200 square feet each and one larger suite of 1,880 square feet. These suites offer flexibility, with the potential to combine units for a maximum combined space of 4,280 square feet, catering to a variety of tenant needs. Each suite boasts impressive 20-foot ceilings and convenient 12-foot street-level doors, ensuring easy access for both customers and deliveries. The property is zoned B-3, providing a wide range of permitted uses. The APN is 484226070540. This is a single-tenant retail space offering a unique opportunity for businesses seeking a high-visibility location in a revitalized area. The combination of modern aesthetics, ample space, and convenient access makes this property an attractive investment.

• CAP approach

  CAP return

  Valuation

  6%

  $3,479,296

  6.5%

  $3,211,658

  7%

  $2,982,254

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,753,916

  Geo Method

  $3,753,916

• Alternative Use

  Use

  Valuation

  Residential

  $2,709,154

  Hospitality

  $2,481,570

  Educational

  $2,064,638

  Medical

  $2,135,644

  Retail

  $3,211,658

Location Insight

City

Pompano Beach

County

Broward

State

Florida

Latitude

26.255

Longitude

-80.1198

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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