1941 N Dixie Hwy Pompano Beach, FL 33060
FOR SALE - Active
$2,000,000
Overview
- Status: Active
- Bed(s) No info
- Bath(s)
- Half Bath(s) 0
- Parking No info
- Size: 7,470 ft2/693.99 m2
- Price Per: $267.74 ft2/$2,881.90 m2
- Type: Commercial/Investment
- Built: 1973
- HOA: No info
- MLS Number: A11577074
- View No info
- On Site: 276 days
- Updated: Listing Refreshed: 59 Days Ago
Back on the market due to the buyer being unable to secure financing. Recently remodeled retail plaza located just blocks from the new Pompano Beach. 100% occupied with long term tenants and leases in place. The center is located just blocks from the new Old Town Square and Old Town Backyard. North Dixie Hwy has become a recent hot spot of new development of residential and commercial properties. The tenants are currently paying 17.50/sq ft and 7.50/sq ft CAM with annual 3% increases. 3 of the leases are expiring on 03/31/2025 allowing the opportunity to increase the rents. 50-year inspection recently completed.
Price History
| Date | Event | Price | Change Rate | Price Per |
|---|---|---|---|---|
| 04/29/2024 | Listed | $2,000,000.00 | $267.74 ft2/$2,881.90 m2 |
Contact Information
Tracey Schmitt
Real Estate Advisor
Office: (305) 407-1657
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
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