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Medical Office Building
For Sale
$2,500,000

120 S Federal Hwy, Pompano Beach, FL 33062

Fee-simple ownership includes private parking for two vehicles.

Property SizeContact for details
Days on Market847

Property Features for 120 S Federal Hwy

General Information

Standard status Active
Property subtype General Commercial
Occupancy 100%

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $8,297

Amenities

3
2 Parking Spaces.
0.052

Building Details

Year Built 1954
Buildings 1
Tenancy Single
Owner Occupied Yes
Abandoned No
Listing Agency: United Realty Group Inc
Listed By: Diane Mazer
Source: Xome
Added: May 6, 2024 Changed: Aug 30 Last Checked: Aug 30 at 3:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of United Realty Group Inc

Investment Insights

Based on property information with market context.

This fee-simple office building was constructed in 1954 and is currently occupied by the owner for medical office operations. The property includes private parking with two spaces and is positioned along US 1 in Pompano Beach, Florida.

The building may support office, medical, retail, or mixed-use applications, subject to applicable approvals. Its Federal Highway address places the property within an established commercial corridor with ongoing development and infrastructure improvements described in the listing information.

Key Highlights

  • Fee‑simple office building at 120 S Federal Hwy, Pompano Beach, FL 33062
  • Currently owner‑occupied and operated as a medical office
  • Constructed in 1954

Property Analytics

Current Use

Palm Beach Pharmacy Pharmacy Formosa Daily Health Alternative Medicine Practice

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Storage Facility Daycare Center (Bike/Boat/Book/etc) Store Auto Repair Shop

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

100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,283
Businesses Nearby

Demographics for 33062, FL

25,293
Population
23,059
Households
1.1
Avg Household Size
60
Median Age
48%
College-Educated
94%
High-School Grad
3.9 sq mi
ZIP Area
6,485
Density / Sq Mi
$82,955
Median Household Income
$56,828
Median Earnings
$1,888
Median Rent
$511,800
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Fee-simple ownership includes private parking for two vehicles.
Where is this office building located?
The property is located at 120 S Federal Hwy Pompano Beach, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Fee‑simple office building at 120 S Federal Hwy, Pompano Beach, FL 33062; Currently owner‑occupied and operated as a medical office; Constructed in 1954
More about this property
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