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Financial
Distress signals
Property profile

351 S Cypress Rd Pompano Beach, FL 33060

FOR SALE
Office buildings
Property ID
US19-0593516
46,454 SF 2.43 ac lot Built 1984
Last sale Aug 2024 · $5,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This office property at 351 S Cypress Rd in Pompano Beach, Florida offers multiple suite sizes, with available configurations that may include or exclude interior partitions to accommodate different office layouts. Tenant spaces are supported by building-wide amenities including Wi-Fi and utilities such as electricity, water, and garbage service, along with common-area cleaning. The building provides 24/7 access, a manager on site, and services for tenant package and mail receipt, and it has…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$109k
Tax billed · 2023
Assessed value$4.46M
Assessed land$953k
Assessed improvement$3.51M
Effective rate2.45%

Value estimate

· Oct 2026
$4.94M
$4.44M – $5.43M
AI approach$4.60M
Submarket $/SF estimate$4.43M
NOI build-up
Gross scheduled income$1.44M
Vacancy & credit loss−$216k
Operating expenses−$306k
NOI · 39,015.45% cap applied$917k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$398/SF
Submarket average, outlier-cleaned · 264 recorded sales of this use type
Observed band · Q1–Q3$265 – $633

Cap rate analysis

How does the asset earn?
39,015.45%
$917k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-2
The Community Business (B-2) district is established and intended to accommodate primarily low to moderate intensity office, service, and...
General categoryCIVIC_INSTITUTIONAL
JurisdictionBROWARD

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility15.3
Dental Office14.1
Dry Cleaner11.4

Location

351 S Cypress Rd Pompano Beach, FL 33060
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
190 19th, Pompano Beach, FL 33060-7541 $410,000 Oct 2024 7,423 SF
1919 Atlantic, Pompano Beach, FL 33060-6577 $1,010,000 Apr 2024 3,818 SF
911 Atlantic, Pompano Beach, FL 33060-7372 $3,600,000 Mar 2023 25,358 SF
540 Mcnab, Pompano Beach, FL 33060-9354 $1,175,000 Oct 2021 6,506 SF
413 Atlantic, Pompano Beach, FL 33060-6257 $2,450,000 Jul 2020 17,386 SF
404 Atlantic, Pompano Beach, FL 33060-6253 $1,500,000 Jan 2020 11,740 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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