2231 NE 25Th Ave, Pompano Beach, FL 33062
- Medical Office Space
- 7,242 SF
- 0.41 lot acres
Current Use by Public Records
- Goldfarb Randy DDS / Physician
- Pompano Beach Periodontics / Dental Office
- Witonsky, Jason DDS / Dental Office
- Hambrook Chris / Dental Office
Property Details for 2231 NE 25Th Ave
- Year built
- 1971
- Construction
- CONCRETE
- Lot size
- 0.41 lot acres
- Zone code
- B-3
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 48-43-30-11-0313
- APU
- 484330110313
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 22, 2020 | $1,210,000 | Ses Real Estate Group LLC | Pompano Beach Holdings LLC | Warranty Deed | $1.1M · Flagler Bk |
| Oct 12, 2012 | $300,000 | Pompano Beach Holdings LLC | Pompano Professional Center In | Warranty Deed | — |
Description
This exceptional investment opportunity presents a 7,242 square foot office building located at 2231 NE 25th Avenue in Pompano Beach, Florida, 33062. Built in 1971, this property offers four individual units, presenting a versatile configuration for various business needs. The asking price is $3,175,000. Situated in Broward County, the building's precise lot size is not currently available. The property's address is easily accessible and conveniently located within Pompano Beach. This established office building provides a solid foundation for immediate income generation or future development. The substantial square footage allows for ample space for multiple tenants or a single large occupant. The four-unit structure offers flexibility and potential for increased rental income through strategic leasing. This property represents a compelling investment opportunity in a thriving Florida market. Interested parties are encouraged to conduct their own due diligence to fully assess the potential of this promising commercial real estate asset. The property's location in Pompano Beach offers access to a robust local economy and a diverse range of businesses. This presents a unique chance to acquire a well-positioned office building with significant upside potential.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,010,000
- ML approach
- $2,050,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,820,000
- 6.5%
- $1,680,000
- 7%
- $1,560,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,928,000
Market price range: $1.28M - $3.55M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $2,540,000 Current use
- WAREHOUSE, STORAGE
- $2,230,000 Change: -12% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Pompano Beach
- County
- Broward
- State
- Florida
- Longitude
- -80.0985
- Latitude
- 26.2582
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
