1 Ocean Blvd Pompano Beach, FL 33062-5713
- Turn key restaurants
- 2,121 SF
- 0.05 lot acres
Current Use by Public Records
- B P Sprinklers / Lawn Sprinkler System Contractor
- Star Knowledge Technology Alliance Team / Software Company
- BEACH BRONZE SPRAY TAN / Tanning Salon
- Salon Lofts Pompano Beach / Beauty Salon
- Medkit Health Medical Institute / Medical Spa
Property Details for 1 Ocean Blvd
- Year built
- 2008
- Construction
- CONCRETE
- Lot size
- 0.05 lot acres
- Property size
- 2,121 SF
- Zone code
- AOD
- Property type
- Turn key restaurants
- APN
- 48-43-31-45-0024
- APU
- 484331450024
Description
This exceptional 2,016 square foot office space is located in the prestigious Plaza at Oceanside building at 1 N Ocean Blvd, Pompano Beach, FL 33062. Situated on the ground floor of a luxury residential tower, this single-tenant unit offers a prime location just steps from the beach and at a high-traffic intersection (A1A & Atlantic Blvd) with approximately 13,600 vehicles passing daily. Currently in shell condition, this versatile space is ideal for a variety of uses, including traditional office, executive office, medical office, or creative office settings. The property type is listed as Retail, Office, and Restaurant, offering flexibility for potential tenants. The space is available for lease at $30 per square foot, NNN. This presents a unique opportunity to establish a business in a thriving area of Pompano Beach, experiencing significant growth with new luxury developments such as the Ritz Carlton, CasaMar, and SoleMar underway. Additionally, this unit is also available for purchase at $804,384. The landlord is highly motivated to secure a tenant or buyer.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,205,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $945,000
- 6.5%
- $1,010,000
- 7%
- $940,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $895,000
- Geo Method
- $1,115,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $990,000
- Retail
- $1,030,000
- Mixed-Use
- $820,000
- Hospitality
- $785,000
- Educational
- $910,000
- Residential Income
- $865,000
- Energy
- $930,000
- Income-Based Land
- $955,000
- Food Service
- $820,000
Location Insight
- Map
- Local Demand
- City
- Pompano Beach
- County
- Broward
- State
- Florida
- Longitude
- -80.0916
- Latitude
- 26.2322
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
