3500 16th Ter Pompano Beach, FL 33064-6281
- Office buildings
- 2,410 SF
- 0.36 lot acres
Current Use by Public Records
- Office buildings
Property Details for 3500 16th Ter
- Year built
- 1959
- Construction
- CONCRETE
- Lot size
- 0.36 lot acres
- Property size
- 2,410 SF
- Zone code
- B-1
- Property type
- Office buildings
- APN
- 48-42-24-19-0060
- APU
- 484224190060
Description
This exceptional mixed-use property, located at 3500 NE 16th Terrace in Pompano Beach, Florida, presents a unique owner-user opportunity. The 2,410-square-foot building, constructed in 1960 and renovated in 2010, sits on a 0.36-acre lot and offers ample parking. Currently vacant, this single-story, Class B building boasts liberal B-1 zoning, allowing for a variety of uses including professional offices, business services, banks, restaurants, childcare facilities, and places of worship. Its strategic location, just one block west of Federal Highway and two lots south of Sample Road, provides excellent visibility and accessibility. The property benefits from its proximity to Shoppers Haven, a large Publix-anchored shopping center undergoing a significant $25,000,000 renovation. This prime Broward County location offers easy access to I-95, making it an attractive investment for both owner-users and investors seeking a versatile and well-situated commercial property. The asking price is $700,000. The property features one building with a total of 2,410 square feet of net rentable space.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $330,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $378,000
Market price range: $158k - $812k
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Location Insight
- Map
- Local Demand
- City
- Pompano Beach
- County
- Broward
- State
- Florida
- Longitude
- -80.1007
- Latitude
- 26.2747
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
