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    2313 E Atlantic Blvd Pompano Beach, FL 33060
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    Property profile & analytics

    2313 E Atlantic Blvd Pompano Beach, FL 33060

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    • Office buildings
    • 2,553 SF
    • 0.08 lot acres
    For Lease
    $660,000
    View Listing →
    Retail Space on Atlantic Boulevard For Lease
    $660,000
    2,553 SF

    Retail Space on Atlantic Boulevard

    Retail spaces available in East Pompano Beach revitalization area.

    2313 E Atlantic Blvd, Pompano Beach, FL
    View Listing
    Property ID
    US18-0965474
    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.
    Value Estimations
    $660,000
    Cap Rate Potential
    7.9%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • Chang Express / Travel Agency

    Property Details for 2313 E Atlantic Blvd

    Year built
    1961
    Construction
    CONCRETE
    Lot size
    0.08 lot acres
    Property size
    2,553 SF
    Zone code
    TO-EOD
    Property type
    Office buildings
    APN
    48-42-36-01-2170
    APU
    484236012170

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $680,000
      ML approach
      $600,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $895,000
      6.5%
      $825,000
      7%
      $770,000

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,015,000
      Current use
      MEDICAL BUILDING
      $895,000
      Change: -12% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Pompano Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.1006
    Latitude
    26.2321
    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
    $10,643
    $56,000
    $398,170
    $454,170
    -
    $56,000
    $398,170
    $454,170

    Comparable in this City

    • Value Estimation
      $2,290,000
      10,708 SF

      24 24th Ave

      OFFICE BUILDING • 10,708 SF
      24 24th Ave, Pompano Beach, FL 33062-5206
      View Details
    • Value Estimation
      $2,240,000
      8,402 SF

      2701 Atlantic Blvd

      PROFESSIONAL BUILDING • 8,402 SF
      2701 Atlantic Blvd, Pompano Beach, FL 33062-4941
      View Details
    • Value Estimation
      $1,515,000
      6,913 SF

      1 23rd Ave

      OFFICE BUILDING • 6,913 SF
      1 23rd Ave, Pompano Beach, FL 33062-5247
      View Details
    • Value Estimation
      $855,000
      3,268 SF

      28 23rd Ave

      OFFICE BUILDING (MULTI-STORY) • 3,268 SF
      28 23rd Ave, Pompano Beach, FL 33062-5315
      View Details
    • Value Estimation
      $1,510,000
      8,260 SF

      660 Federal Hwy

      OFFICE BUILDING (MULTI-STORY) • 8,260 SF
      660 Federal Hwy, Pompano Beach, FL 33062-5909
      View Details
    • Value Estimation
      $1,050,000
      4,066 SF

      1350 Federal Hwy

      OFFICE BUILDING • 4,066 SF
      1350 Federal Hwy, Pompano Beach, FL 33062-3730
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      29,557 SF

      Pompano Beach Office Portfolio

      Office portfolio for sale in Palm Beach/Broward area.
      4699 N Federal Hwy, Pompano Beach, FL 33062
      View Details
    • Contact for pricing

      East Atlantic Boulevard Retail/Office Space

      Retail and office spaces with prominent frontage and abundant parking.
      2631-2641 East Atlantic Blvd, Pompano Beach, FL 33062
      View Details
    • $4,500,000
      8,402 SF

      Pompano Beach Medical/Office Space

      Located in the heart of Pompano Beach, ideal for investment.
      2701 E Atlantic Blvd, Pompano Beach, FL 33062
      View Details
    • $3,175,000
      7,242 SF

      Pompano Beach Office Building Investment

      Prime Office Space, 7,242 SF, 4 Units
      2231 25Th Ave, Pompano Beach, FL 33062
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Renovated Office Building in Pompano

      Four-story office building with modern renovations and convenient location.
      2401 East Atlantic Blvd, Pompano Beach, FL 33062
      View Details
    • $4,000 /Mo
      2,739 SF

      Turnkey Medical Office Space

      Prominently located medical office space in Pompano Beach, Florida.
      1600 N Federal Hwy, Pompano Beach, FL 33062
      View Details
    • $1,050 /Mo

      Pompano Beach Office Suite Rental

      Professional office suite with kitchenette and full bathroom for rent.
      27 SE 24Th Ave, Pompano Beach, FL 33062
      View Details
    • $4,000 /Mo

      Turnkey Medical Office Space Available

      Medical office space with high traffic exposure in Pompano Beach.
      1600 N Federal Hwy, Pompano Beach, FL 33062
      View Details
    • New
      $7,800 /Mo
      21,780 SF

      Pompano Beach Office Space

      Office/Medical space available for lease in Pompano Beach, FL.
      2231 NE 25Th Ave, Pompano Beach, FL 33062
      View Details
    View Listing
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    Pompano Beach, FL 33060
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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