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Property profile & analytics

120 Federal Hwy Pompano Beach, FL 33062

  • Retail space
  • 1,283 SF
  • 0.05 lot acres
Value Estimation
Location Intelligence
Property ID
US18-3820839
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Palm Beach Pharmacy / Pharmacy
  • Formosa Daily Health / Massage Therapist / Acupuncture Clinic

Property Details for 120 Federal Hwy

Year built
1954
Construction
CONCRETE
Lot size
0.05 lot acres
Property size
1,283 SF
Zone code
TO-EOD
Property type
Retail space
APN
48-42-36-01-2620
APU
484236012620

Description

This exceptional 1954-built office building, located at 120 S Federal Highway in Pompano Beach, Florida (zip code 33062), is offered at $2,500,000. The property is situated on US 1, a bustling thoroughfare, making it highly visible and easily accessible. Currently operating as a medical office, the building presents a versatile opportunity for a range of uses, including retail and mixed-use applications. The fee simple ownership provides complete control and flexibility. A key advantage is the inclusion of convenient private parking, a valuable asset given the high traffic volume of the location. The building benefits from its position within a thriving community experiencing ongoing development and infrastructure improvements, enhancing its long-term potential. The property offers a significant opportunity for investors seeking a prime location in a flourishing area of Pompano Beach. The building is currently owner-occupied. While the lot size is not specified, the building's prime location and versatile use potential make it a compelling investment. This is a rare chance to acquire a well-positioned commercial property in a rapidly growing market.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $285,000
  • CAP approach

    CAP return
    Estimation
    6%
    $225,000
    6.5%
    $220,000
    7%
    $235,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $215,000
    Geo Method
    $240,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $190,000
    Retail
    $205,000
    Mixed-Use
    $265,000
    Hospitality
    $195,000
    Educational
    $250,000
    Residential Income
    $250,000
    Energy
    $225,000
    Income-Based Land
    $230,000
    Food Service
    $265,000

Location Insight

  • Map
  • Local Demand
City
Pompano Beach
County
Broward
State
Florida
Longitude
-80.1025
Latitude
26.2303
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,297
$44,840
$320,170
$365,010
-
$44,840
$320,170
$365,010
More about this property
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