1801 Sample Rd Deerfield Beach, FL 33064-1369
- Office buildings
- 79,010 SF
- 4.07 lot acres
Current Use by Public Records
- Dr. Renato Gonik / Neurologist
- Elizabeth Vitarbo, MD / Neurosurgeon
- Octo Painting LLC / Painter / Pressure Washing Service
- Broward Health Physician Group / Medical Center
- Laurentiu Dinescu, MD / Doctor / Pain Management Physician
Property Details for 1801 Sample Rd
- Year built
- 1993
- Construction
- CONCRETE
- Lot size
- 4.07 lot acres
- Property size
- 79,010 SF
- Zone code
- B-2
- Property type
- Office buildings
- APN
- 48-42-15-35-0010
- APU
- 484215350010
Description
This exceptional investment opportunity presents a two-story, 8,368-square-foot retail building situated on a 20,547-square-foot lot in Pompano Beach, Florida. The property, built in 1958 and renovated in 2024, boasts a desirable B-3 zoning and features four tenants currently operating under 100% occupancy with NNN lease agreements. The diverse tenant mix includes a barbershop, psychic, Philly Cheese Steaks restaurant, and a hookah lounge, offering a stable income stream. The current Net Operating Income (NOI) stands at $179,539, yielding a 7.20% cap rate on the $2,500,000 asking price. Below-market lease rates present a significant value-add opportunity for future income growth. Ample parking is available with 35 spaces in a lot directly behind the building, ensuring convenient access for tenants and customers. The property's strong location and diverse tenant base make it an attractive investment prospect with significant potential for long-term appreciation. The building's total square footage is 20,547 square feet. Rent bumps are set at 4%.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $1,050,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Deerfield Beach
- County
- Broward
- State
- Florida
- Longitude
- -80.1485
- Latitude
- 26.2758
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA