520 Federal Hwy Pompano Beach, FL 33062
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 520 Federal Hwy
- Year built
- 1954
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a 0.6639-acre retail center located at 520 S Federal Highway in Pompano Beach, Florida, 33062. The property, built in 1954, currently operates as a four-tenant retail center, supplemented by a small garage/storage area. The asking price is $4,500,000. The property consists of two units and sits on a sizable lot. Its B-3 zoning offers remarkable versatility, allowing for a wide range of uses including multi-family residential, mixed-use developments, daycare/school facilities, medical offices, churches, boat sales, veterinary clinics, animal grooming businesses, travel agencies, bars/restaurants, new car sales, car and truck rentals, banks, dry cleaners, drug stores/pharmacies, regional liquor stores, and consignment shops. This prime location on Federal Highway ensures high traffic counts and access to a desirable demographic, making it an ideal investment for owner-users or those seeking strong rental income. The property's flexibility and location combine to present a compelling opportunity for significant return on investment. Serious inquiries are encouraged to explore the potential of this exceptional property.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pompano Beach
- County
- Broward
- State
- Florida
- Longitude
- -80.1023442
- Latitude
- 26.2265047
