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Income-Generating Plaza Near the Beach
For Sale
$4,500,000

520-580 S Federal Highway, Pompano Beach, FL 33062

Well-maintained commercial plaza with established tenants, development potential.

Property Size4,646 SF
Days on Market138

Property Features for 520-580 S Federal Highway

General Information

Standard status Active
Size 4,646 SF
Total Parking Spaces 15
Zoning B-3

Taxes and HOA fees

Annual Taxes $13,559

Amenities

Central Air
Central

Building Details

Building Size 4,646 SF
Year Built 1954
Buildings 2
Stories 1
Listing Agency: LoKation
Listed By: John F Joseph · License #3544308
Source: Evrealestate
Added: Apr 13 Changed: Aug 23 Last Checked: Aug 26 at 7:36AM

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 LoKation

Investment Insights

Based on property information with market context.

This well-maintained commercial plaza generates income with established tenants, including a smoke shop and other retail businesses. The property presents an opportunity for investors seeking a property with existing rental income. It may also appeal to builders looking to develop a high-rise, located approximately one mile from the beach. The location has a bike score of 59, indicating it is bikeable. The walk score is 74, signifying it is very walkable. The transit score is 32, suggesting some transit options are available.

Key Highlights

  • Income‑generating property with established tenants
  • Development opportunity for a high‑rise
  • Located just one mile from the beach

Property Analytics

Current Use

Shopping centers

Suggested Use

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

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,166
Businesses Nearby
Under-served
Demand for This Use

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Shopping center - Well-maintained commercial plaza with established tenants, development potential.
Where is this shopping center located?
The property is located at 520-580 S Federal Highway Pompano Beach, FL.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Income‑generating property with established tenants; Development opportunity for a high‑rise; Located just one mile from the beach
More about this property
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