Pompano Beach Single-Story
For Sale
$1,700,000
925 SE 1st St # 929, Pompano Beach, FL 33060
Single-story office building in Pompano Beach's revitalized East Overlay District.
Property Size6,018 SF
Days on Market216
Property Features for 925 SE 1st St # 929
General Information
Standard status
Active
Size
6,018 SF
Class
C
Property subtype
Office
Building Details
Building Size
6,018 SF
Year Built
1987
Listing Agency:
S.L. Nusbaum Realty Co
Listed By:
Doug Aronson · License #BK3274104
(757) 287-1490
Source:
Slnusbaum
Added: Mar 6
Changed: Aug 8
Last Checked: Aug 8 at 2:12PM
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 S.L. Nusbaum Realty Co
Investment Insights
Based on property information with market context.
Located at 925 SE 1st Street in Pompano Beach, FL, this single-story office building is situated within the highly desirable South Florida market. The property benefits from strong demographic fundamentals and long-term economic stability. Pompano Beach, a coastal city in Broward County just north of Fort Lauderdale, offers convenient access to the Miami–Fort Lauderdale–West Palm Beach metro area. The city is experiencing population growth, with an estimated 118,104 residents in 2024 and a projected 121,174 residents by 2026. The property is located in the Revitalized East Overlay District and suitable for medical or general office use. A new roof is planned for October 2025.
Key Highlights
- Prime location in revitalized East Overlay District.
- Located in the highly desirable South Florida market with strong demographic fundamentals.
- Convenient access to the Miami–Fort Lauderdale–West Palm Beach metro area.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$118,777
Cap Rate
6.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,375,540
$2.4M
Cap Rate 7%
$1,696,814
$1.7M
Cap Rate 9%
$1,319,744
$1.3M
Market Conditions
NOI Build-Up for 6,018 SF
Gross rent
$186.3K $30.96/SF
− Vacancy
−$27.9K −$4.64/SF
EGI
$158.4K $26.32/SF
− OpEx
−$39.6K −$6.58/SF
NOI
$118.8K $19.74/SF
Area
Pompano Beach, FL
Vacancy
15.00%
Lease Rate
$30.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,375,540
Cap Rate 7%
$1,696,814
Cap Rate 9%
$1,319,744
Alternative Uses
Best Use
Office B
$1.70M
$1.48M – $1.98M
NOI $118,777 @ 7.0% cap · market cap 6.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.35M
$2.05M – $2.74M
NOI $164,291 @ 7.0% cap · market cap 9.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,113
Businesses Nearby
Explore this area
Business Placement
Demographics for 33060, FL
35,793
Population
15,653
Households
2.3
Avg Household Size
39
Median Age
25%
College-Educated
82%
High-School Grad
7.0 sq mi
ZIP Area
5,113
Density / Sq Mi
$59,757
Median Household Income
$34,275
Median Earnings
$1,406
Median Rent
$354,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Single-story office building in Pompano Beach's revitalized East Overlay District.
Where is this office building located?
The property is located at 925 SE 1st St # 929 Pompano Beach, FL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Prime location in revitalized East Overlay District.; Located in the highly desirable South Florida market with strong demographic fundamentals.; Convenient access to the Miami–Fort Lauderdale–West Palm Beach metro area.
