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B-4 Storefront Property
For Sale
Under Contract
$1,300,000

600 S Dixie Hwy W W, Pompano Beach, FL

Commercial Sale, Pompano Beach, FL

Property Size1,740 SF
Lot Size0.42 Acres
Price / SF$747.13
Days on Market175

Property Features for 600 S Dixie Hwy W W

General Information

Property type Residential
Property subtype Retail
Zoning B-4
Parking 40
Security features Security System
Fencing Chain Link
Lot features Corner Lot
Subdivision 3431
Standard status Active Under Contract
APN 494202160120
Size 1,740 SF
Lot size 0.42 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description RACEWAY CENTER 40-25 B LOT 12 BLK 1
Tax Annual Amount 7854
Legal Description RACEWAY CENTER 40-25 B LOT 12 BLK 1

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Heat Pump (Heating), Central
Cooling system Ceiling Fan(s), Central Air, Ductless, Electric, Heat Pump
Water source Public

Building Details

Year built 1958
Floors in Building 1
Building materials Block, CBS
Listing Agency: Balistreri Real Estate Inc
Listed By: Linda M Pascale · License #0639884
Added: Mar 23 Changed: Sep 11 Last Checked: Sep 13 at 4:06AM
MLS# B26005681

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,740-square-foot storefront property sits on a 0.42-acre parcel in Pompano Beach. The 1958 building features block/CBS construction, included kitchen equipment, chain-link fencing, and a combination of central, heat-pump, electric, ceiling-fan, and ductless cooling systems. Heating is provided by central and heat-pump systems. A 4-COP liquor license is available with the sale.

The property includes on-site parking and access from both Dixie Hwy and SW 6th St. Public water is available, with public sewer serving the property. B-4 zoning and the existing retail-oriented building support consideration for a range of storefront commercial uses, including the food and beverage examples identified for the property.

Key Highlights

  • 1,740 square feet of storefront space on a 0.42‑acre parcel
  • B‑4 zoning
  • Kitchen equipment included in the sale

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$42,269
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.25%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$845,380 $845.4K
Cap Rate 7%
$603,843 $603.8K
Cap Rate 9%
$469,656 $469.7K
Market Conditions
NOI Build-Up for 1,740 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$62.6K $36.00/SF
− Vacancy
−$2.3K −$1.30/SF
EGI
$60.4K $34.70/SF
− OpEx
−$18.1K −$10.41/SF
NOI
$42.3K $24.29/SF
Area
Pompano Beach, FL
Vacancy
3.60%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$845,380
Cap Rate 7%
$603,843
Cap Rate 9%
$469,656

Alternative Uses

Best Use
Retail
$603.8K
$528.4K – $704.5K (±1% cap)
NOI $42,269 @ 7.0% cap · market cap 3.25%
Second Best
no second resolved use
Theoretical Best
Office A
$678.6K
$593.8K – $791.7K (±1% cap)
NOI $47,502 @ 7.0% cap · market cap 3.65%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Paradise Auto Brokers Car Dealership

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Parking Lot & Garage Gym & Fitness Center Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,580
Businesses Nearby
Under-served
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - B-4-zoned building with included kitchen equipment, public utilities, and access from Dixie Hwy and SW 6th St.
Where is this storefront property located?
The property is located at 600 S Dixie Hwy W W Pompano Beach, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 1,740 square feet of storefront space on a 0.42‑acre parcel; B‑4 zoning; Kitchen equipment included in the sale
More about this property
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