Two-Unit Industrial Flex
1520 SW 13TH CT, Pompano Beach, FL 33069
For Sale
Contact for pricing
Two vacant units combine warehouse capacity with air-conditioned office space and individual bay doors.
Property Size6,388 SF
Lot Size3.07 Acres
Price / SF$438.32
Days on Market13
Property Features for 1520 SW 13TH CT
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Warehouse & Industrial
Clear Height
Office Build-Out
Additional Details
Highway Access
Property Use
Building Details
Year Built
Listing Agency:
Apex Capital Realty
Listed By:
Feyzi Pelit · License FL #3578292
(305) 926-1556
Source:
Crexi
Added: Oct 29
Changed: Nov 8
Last Checked: Nov 10 at 5:33AM
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 Apex Capital Realty
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Investment Insights
Based on property information with market context.
Offered together, the two industrial condo units provide 6,388 square feet of space, including 1,113 square feet of air-conditioned office. Each unit measures 3,194 square feet and has 20-foot clear height and a 12-foot bay door. The units are back-to-back, with one facing east and the other west; both are vacant. Built in 2007, the property is part of an association with a new roof completed in 2024 and reserves described as up to date.
The property is 0.3 miles from I-95, with US-1 and Florida’s Turnpike also nearby. The parent site spans 3.07 acres and is zoned I-1 General Industrial.
The property is 0.3 miles from I-95, with US-1 and Florida’s Turnpike also nearby. The parent site spans 3.07 acres and is zoned I-1 General Industrial.
Key Highlights
- Two 3,194 SF industrial condo units offered together, totaling 6,388 SF
- Each unit has 20‑ft clear height and a 12‑ft bay door
- Combined air‑conditioned office area totals 1,113 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,203
Cap Rate
3.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,704,060
$1.7M
Cap Rate 7%
$1,217,186
$1.2M
Cap Rate 9%
$946,700
$946.7K
Market Conditions
NOI Build-Up for 6,388 SF
Gross rent
$138.0K $21.60/SF
− Vacancy
−$6.9K −$1.08/SF
EGI
$131.1K $20.52/SF
− OpEx
−$45.9K −$7.18/SF
NOI
$85.2K $13.34/SF
Area
Pompano Beach, FL
Vacancy
5.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,704,060
Cap Rate 7%
$1,217,186
Cap Rate 9%
$946,700
Alternative Uses
Best Use
Flex RnD
$1.22M
$1.07M – $1.42M
NOI $85,203 @ 7.0% cap · market cap 3.04%
Second Best
Warehouse
$670.2K
$586.4K – $781.9K
NOI $46,915 @ 7.0% cap · market cap 1.68%
Theoretical Best
Office A
$2.49M
$2.18M – $2.91M
NOI $174,392 @ 7.0% cap · market cap 6.23%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
20 ft
Clear height
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,037
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33069, FL
28,817
Population
16,052
Households
1.8
Avg Household Size
42
Median Age
32%
College-Educated
86%
High-School Grad
9.4 sq mi
ZIP Area
3,066
Density / Sq Mi
$57,462
Median Household Income
$35,725
Median Earnings
$1,685
Median Rent
$253,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Pompano Beach, FL
Properties on Market for Flex space in Pompano Beach
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- The Hitch Booth — 1831 S Dixie Hwy, Pompano Beach, FL 33062
- Infused Catering — 1790 SW 13th Ct, Pompano Beach, FL 33069
- Val's Kitchen & Catering — 1174 Powerline Rd, Pompano Beach, FL 33069
Frequently Asked Questions
What type of property is this?
Flex space - Two vacant units combine warehouse capacity with air-conditioned office space and individual bay doors.
Where is this flex space located?
The property is located at 1520 SW 13TH CT Pompano Beach, FL.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Two 3,194 SF industrial condo units offered together, totaling 6,388 SF; Each unit has 20‑ft clear height and a 12‑ft bay door; Combined air‑conditioned office area totals 1,113 SF
