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    552 Dixie Hwy Pompano Beach, FL 33060

    For Sale
    $695,000

    Vacant Office Building, Excellent Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional office building, located at 552 S Dixie Hwy E in Pompano Beach, Florida, presents a unique investment opportunity. Priced at $695,000, this 1962-constructed property offers significant potential for redevelopment or immediate occupancy. The building is situated in a rapidly growing area, within convenient walking distance of Pompano Beach's burgeoning "Innovation District." This district is experiencing a surge in construction, encompassing residential, retail, office, and hotel projects, poised to become a central hub for employment and commercial activity. The property's zoning, designated B4 by the City of Pompano Beach, allows for a wide array of uses, including medical, specialty medical, retail, service, office, recreation, entertainment, and institutional purposes (detailed zoning information is available upon request). The building will be delivered vacant, providing flexibility for future tenants or renovations to suit specific business needs. Its prime location in Broward County, Florida, zip code 33060, offers easy access to major transportation routes and amenities. This presents a compelling opportunity to capitalize on the significant growth and development occurring in this dynamic area of Pompano Beach. The property's strategic location and flexible zoning make it an ideal investment for discerning buyers seeking a foothold in a thriving market.

    Property Features for 552 Dixie Hwy

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    1962
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pompano Beach Water ... Water Damage Restoration Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pompano Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.1285874
    Latitude
    26.2230734

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    FAQs

    What type of property is this?
    Office Property / Space - Vacant Office Building, Excellent Location
    Where is this office property / space located?
    The property is located at 552 Dixie Hwy Pompano Beach, FL.
    What is the asking price?
    The asking price for this property is $695,000.
    (954) 865-6690
    Request Owner's contact information
    552 Dixie Hwy Pompano Beach, FL 33060
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    Pompano Beach, FL 33060
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    552 Dixie Hwy Pompano Beach, FL 33060
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