Paired Industrial Flex
New
For Sale
$2,800,000
1520 SW 13th Court #14, Pompano Beach, FL 33069
Two vacant units combine warehouse capacity with air-conditioned office space and assigned parking.
Property Size6,388 SF
Price / SF$438.32
Days on Market2
Property Features for 1520 SW 13th Court #14
General Information
Standard status
Active
Size
6,388 SF
Total Parking Spaces
4
Property subtype
Industrial
Zoning
I-1
Warehouse & Industrial
Clear Height
20 ft
Office Build-Out
1,113 SF
Additional Details
Highway Access
Yes
Building Details
Year Built
2007
Year Renovated
2024
Listing Agency:
APEX Capital Realty LLC
(305) 570-2600
Listed By:
Feyzi N. Pelit · License #3578292
(305) 926-1556
Source:
Lehmannflorida
Added: Oct 29
Changed: Oct 30
Last Checked: Oct 30 at 12:21PM
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 LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The offering comprises two adjoining industrial condo units totaling 6,388 square feet, with each unit measuring 3,194 square feet. Together, they include 1,113 square feet of air-conditioned office space. Each unit has 20-foot clear height and a 12-foot bay door. The property was built in 2007, and a new roof was installed in 2024. The units are vacant and zoned I-1 General Industrial.
Located in Pompano Beach’s Andrews Industrial District, the property is 0.3 miles from I-95, just off Andrews Avenue, and close to US-1 and Florida’s Turnpike. Parking includes four assigned spaces along with general parking.
Located in Pompano Beach’s Andrews Industrial District, the property is 0.3 miles from I-95, just off Andrews Avenue, and close to US-1 and Florida’s Turnpike. Parking includes four assigned spaces along with general parking.
Key Highlights
- Two industrial condo units total 6,388 SF; each unit is 3,194 SF
- Combined air‑conditioned office area of 1,113 SF
- Each unit offers 20‑foot clear height and a 12‑foot bay door
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
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 assigned parking.
Where is this flex space located?
The property is located at 1520 SW 13th Court #14 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 industrial condo units total 6,388 SF; each unit is 3,194 SF; Combined air‑conditioned office area of 1,113 SF; Each unit offers 20‑foot clear height and a 12‑foot bay door
