120 Federal Hwy Pompano Beach, FL 33062-5321
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.
-
Palm Beach Pharmacy Pharmacy
-
Formosa Daily Health Alternative Medicine Practice Spa & Massage Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
TO-EOD · Pompano Beach, FLPompano Beach. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.