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    380 12th Ave Pompano Beach, FL 33069-3502
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    Property profile & analytics

    380 12th Ave Pompano Beach, FL 33069-3502


    • Warehouses
    • 6,972 SF
    • 0.61 lot acres
    Off-Market
    Last Sale May 12, 2022
    $1,624,700
    Property ID
    US18-3776871
    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
    $1,510,000
    Show details
    Cap Rate Potential
    3.8%
    Warehouses
    Location Intelligence

    Current Use by Public Records

    • Clinic / Physician
    • Atlantic Treatment Center / Medical Clinic
    • Atlantic Treatment Center-Pompano Beach / Medical Clinic
    • Dr. Harry Bayron / Pediatrician / Physician
    • Milano Brothers International / Electronics Exporter

    Property Details for 380 12th Ave

    Year built
    1970
    Construction
    CONCRETE
    Lot size
    0.61 lot acres
    Property size
    6,972 SF
    Zone code
    I-1
    Property type
    Warehouses
    APN
    49-42-02-00-0160
    APU
    494202000160

    Description

    This exceptional Pompano Beach industrial investment opportunity presents a 15,315 square foot building situated on a 26,549 square foot lot at 380 SW 12th Ave, Pompano Beach, FL 33069. The property, built in 1970, features two units, offering flexible leasing options and currently boasts 100% occupancy, ensuring immediate income generation. The building is classified as Class C and zoned I-1, suitable for various industrial uses. With a 14-foot ceiling height, the warehouse space is well-suited for a range of industrial tenants. The property benefits from a Net Net Net (NNN) lease structure and includes rent bumps, providing future income growth potential. Its prime location in Pompano Beach offers easy access to major transportation routes, ensuring efficient logistics. The property is well-maintained and ready for immediate use, featuring ample parking for tenants and visitors. This is a strong investment opportunity in a thriving Broward County location, offering a blend of coastal living and commercial activity. The property's solid construction and established tenancy make it an attractive proposition for discerning investors seeking a stable and appreciating asset. The multi-unit structure allows for diversification of income streams, minimizing risk and maximizing returns.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,340,000
      ML approach
      $1,280,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,678,000
      Market price range: $443k - $2.14M
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,970,000
      Current use
      MEDICAL BUILDING
      $2,445,000
      Change: +24% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Pompano Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.1384
    Latitude
    26.2255
    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
    $37,166
    $212,490
    $1,335,180
    $1,547,670
    -
    $212,490
    $1,335,180
    $1,547,670
    More about this property
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