Flex Property with
For Sale
$1,400,000
30 5TH Court, Pompano Beach, FL 33441
Adaptable commercial space combines showroom, office, warehouse, kitchen, and bathroom areas with outdoor storage capacity.
Property Size2,730 SF
Price / SF$512.82
Days on Market9
Property Features for 30 5TH Court
General Information
Standard status
Active
Size
2,730 SF
Property subtype
General Commercial
Taxes and HOA fees
Annual Taxes
$9,654
Amenities
3
5 Parking Spaces.
Building Details
Year Built
1956
Listing Agency:
Balistreri Real Estate Inc
(561) 706-5247
Listed By:
Kathleen Schirling · License #B26043798
(561) 706-5247
Source:
Xome
Added: Aug 22
Changed: Aug 29
Last Checked: Aug 29 at 1:41PM
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 Balistreri Real Estate Inc
Investment Insights
Based on property information with market context.
This 2,730 SF flex property combines a showroom, office area, warehouse, small kitchen, and bathroom. The showroom includes a drop ceiling, porcelain tile flooring, and central AC and heating serving the showroom, office, bathroom, and kitchen. The warehouse has two industrial doors, an AC hookup, and additional interior parking capacity if preferred. A backyard provides storage space, while an RV plug is available onsite.
The property includes five assigned parking spaces at the front, with additional side-yard area and warehouse parking options. Built in 1956, the commercial property is located at 30 5TH Court in Pompano Beach, Florida. The property has no CAM or monthly maintenance fee.
The property includes five assigned parking spaces at the front, with additional side-yard area and warehouse parking options. Built in 1956, the commercial property is located at 30 5TH Court in Pompano Beach, Florida. The property has no CAM or monthly maintenance fee.
Key Highlights
- 2,730 SF flex property with showroom, office, warehouse, kitchen, and bathroom
- Two industrial doors and warehouse AC hookup
- Five assigned parking spaces at the front
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
$66,319
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
4.74%
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%
$1,326,380
$1.3M
Cap Rate 7%
$947,414
$947.4K
Cap Rate 9%
$736,878
$736.9K
Market Conditions
NOI Build-Up for 2,730 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
$98.3K $36.00/SF
− Vacancy
−$3.5K −$1.30/SF
EGI
$94.7K $34.70/SF
− OpEx
−$28.4K −$10.41/SF
NOI
$66.3K $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%
$1,326,380
Cap Rate 7%
$947,414
Cap Rate 9%
$736,878
Alternative Uses
Best Use
Retail
$947.4K
$829.0K – $1.11M
NOI $66,319 @ 7.0% cap · market cap 4.74%
Second Best
Office B
$769.7K
$673.5K – $898.0K
NOI $53,882 @ 7.0% cap · market cap 3.85%
Theoretical Best
Office A
$1.06M
$931.6K – $1.24M
NOI $74,529 @ 7.0% cap · market cap 5.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,458
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33441, FL
29,311
Population
15,225
Households
1.9
Avg Household Size
43
Median Age
28%
College-Educated
88%
High-School Grad
4.8 sq mi
ZIP Area
6,106
Density / Sq Mi
$57,257
Median Household Income
$35,163
Median Earnings
$1,544
Median Rent
$381,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Affairs D'Elegance / TCG Catering — 121 sw 5th st, pompano beach, fl 33060
- The Catering Group — 121 SW 5th St, Pompano Beach, FL 33060
- Spanx the Hog BBQ & Saloon — 147 S Cypress Rd, Pompano Beach, FL 33060
- La Paella Chef — 1428 E Atlantic Blvd, Pompano Beach, FL 33060
- PEACOCK'S PANTRY BOUTIQUE CATERING — 635 E Atlantic Blvd, Pompano Beach, FL 33060
Frequently Asked Questions
What type of property is this?
Flex space - Adaptable commercial space combines showroom, office, warehouse, kitchen, and bathroom areas with outdoor storage capacity.
Where is this flex space located?
The property is located at 30 5TH Court Pompano Beach, FL.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 2,730 SF flex property with showroom, office, warehouse, kitchen, and bathroom; Two industrial doors and warehouse AC hookup; Five assigned parking spaces at the front
