2715 Atlantic Blvd Pompano Beach, FL 33062-4941
Property summary
This exceptional mixed-use property at 2715 E Atlantic Boulevard, Pompano Beach, Florida, presents a rare investment opportunity. The 9,422 square foot building, constructed in 1955, sits on a lot with dimensions not specified in the provided information and boasts 12 units. Currently configured as a food hall with nine kitchens, a full bar, and indoor/outdoor seating for 250 people (150 seats indoors), this versatile space offers significant potential. Its prime location on Atlantic Boulevard, a seven-minute walk from the beach, Pompano Pier, and fishing village, capitalizes on Pompano Beach's thriving tourism and burgeoning retail scene. The area is experiencing significant redevelopment, further enhancing the property's investment value. The building's recent construction (one year old) ensures modern amenities and functionality. The property's adaptability allows for subdivision and use as restaurant, retail, or office space, catering to a wide range of potential tenants and maximizing return on investment. The asking price is $4,000,000. This presents a unique chance to acquire a high-potential commercial property in a rapidly growing area of Pompano Beach. The property's proximity to the beach and other attractions makes it an ideal location for a variety of businesses. The flexibility of the space allows for a wide range of uses, making it a highly desirable investment.
Property profile
VerifiedCap rate & NOI
Current use
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Take-out & Catering
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Restaurant
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Restaurant
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Restaurant
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Restaurant
Value estimations
Owner & transaction history
Zoning & alternative use
The Transit Oriented (TO) district is established and intended to encourage transit use as an alternative to auto dependency by accommodating moderate to high intensity, compact, mixed use, and pedestrian oriented develo…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
TO-EOD · Pompano Beach, FLThe Transit Oriented (TO) district is established and intended to encourage transit use as an alternative to auto dependency by accommodating moderate to high intensity, compact, mixed use, and pedestrian oriented develo…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for TO-EOD in Pompano Beach, FL.
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