Two-Bay Warehouse with
151 SW 5th Street Pompano Beach, FL 33060
151 SW 5th Street, Pompano Beach, FL, 33060
$1,395,000
Pending
For Sale
$1,395,000
Pending
COMMERCIAL - Pompano Beach, FL
Property Size4,272 SF
Lot Size0.14 Acres
Days on Market1530
Property Features for 151 SW 5th Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- B-4
- Parking
- 4
- Standard status
- Pending
- APN
- 494202150290
- Size
- 4,272 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2021
- Tax Description
- POMPANO BEACH INDUSTRIAL CENTER 39-24 B LOT 16 BLK 2
- Tax Annual Amount
- 9894
Building Details
- Year built
- 1959
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Concrete
- Building materials
- Block
Listing Agency
Balistreri Real Estate Inc
(954) 545-1600
1350 N Federal Hwy, Pompano Beach, FL
Listed by
Toby Blom · License #657333
(754) 235-7012
Added: May 13, 2022 Updated: Jul 13 at 7:47 am Checked: Jul 20 at 11:06 pm
MLS# F10332913
Listing URL
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 two-bay warehouse building has been completely refurbished, including a new roof and impact-resistant entrance/garage doors and windows. The electric has been fully updated with 200+ amp 3-phase power in both bays, and the interior is freshly painted.
The east bay has been used as an office and storage area, is fully air-conditioned, and includes a new bathroom with a shower and a washer hookup. The west bay has been used for vehicle and boat storage and is fully plumbed for installation of a bathroom.
The property is for sale and is zoned B-4. It is located in east Pompano Beach, Florida, with a lot size of 0.14 acres and a total building size of 4,272 square feet.
The east bay has been used as an office and storage area, is fully air-conditioned, and includes a new bathroom with a shower and a washer hookup. The west bay has been used for vehicle and boat storage and is fully plumbed for installation of a bathroom.
The property is for sale and is zoned B-4. It is located in east Pompano Beach, Florida, with a lot size of 0.14 acres and a total building size of 4,272 square feet.
Key Highlights
- Completely refurbished with new roof, impact‑resistant doors/windows, and updated electrical (200+ amp 3‑phase power in both bays).
- Two‑bay warehouse building suitable for various uses.
- East bay is fully air‑conditioned with a new bathroom (shower) and washer hookup.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $132.3k | $30.96 |
| − Vacancy | −$19.8k | −$4.64 |
| EGI | $112.4k | $26.32 |
| − OpEx | −$28.1k | −$6.58 |
| NOI | $84.3k | $19.74 |
4,272 SF · lease $30.96/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.20M
$1.05M – $1.41M
NOI $84,316 @ 7.0% cap · market cap 6.04%
Second Best
Flex RnD
$814.0K
$712.3K – $949.7K
NOI $56,980 @ 7.0% cap · market cap 4.08%
Theoretical Best
Office A
$1.67M
$1.46M – $1.94M
NOI $116,626 @ 7.0% cap · market cap 8.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
SunPath Solar Services
Solar Energy Company
Eurotech Autoworks
Auto Repair Shop
Similar For Sale Nearby
Similar Off Market Nearby
- Spanx the Hog BBQ & Saloon — 147 S Cypress Rd, Pompano Beach, FL 33060
- Bae's Burgers and Grilled Cheese Food Truck & Catering
- The Catering Group — 121 SW 5th St, Pompano Beach, FL 33060
- Affairs D'Elegance / TCG Catering — 121 sw 5th st, pompano beach, fl 33060
- PEACOCK'S PANTRY BOUTIQUE CATERING — 635 E Atlantic Blvd, Pompano Beach, FL 33060
FAQs
What type of property is this?
Flex space - Refurbished two-bay warehouse offers updated roof, impact-resistant doors and windows, and 200+ amp 3-phase power in both bays.
Where is this flex space located?
The property is located at 151 SW 5th Street Pompano Beach, FL.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Completely refurbished with new roof, impact‑resistant doors/windows, and updated electrical (200+ amp 3‑phase power in both bays).; Two‑bay warehouse building suitable for various uses.; East bay is fully air‑conditioned with a new bathroom (shower) and washer hookup.
