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Property profile & analytics
FOR SALE
Turn key restaurants
600 S Dixie Hwy W W Pompano Beach, FL 33060
Individually Owned
4-yr Hold
Free & Clear
Property ID
US18-5542561
For Sale
1 / 21
$1,300,000
600 S Dixie Hwy W,Unit W, Pompano Beach, FL 33060
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1958
Construction
CONCRETE
Total area
1,740 SF
Lot
0.42 ac (18,302 SF)
Zoning code
B-4
APN
49-42-02-16-0120
UPID
US18-5542561
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Paradise Auto Brokers Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Hector L Cortes · 4 yrs held
Hector L Cortes
since 2021
Last sale
$275,000
3 recorded transactions
Zoning & alternative use
B-4 · Pompano Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Heavy Business (B-4) district is established and intended to accommodate a wide and diverse range of moderate to high intensity retail, service, office, recreation/entertainment, and institutional uses that provide goods and services serving a community, city wide, and regional customer bases. It also accommodates the city's major employment generating n…
Zone name
Heavy Business
General category
INDUSTRIAL
Zone area
341.53 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Pompano Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pompano Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,349
Tax year 2023
Assessed value
$311,130
Assessed 2023
Previous assessed
$278,000
+11.9% YoY
Effective rate
2.36%
On assessed value
Assessed land
$146,420
Assessed improvement
$164,710
Land market value
$146,420
Improvement market value
$164,710
Total market value
$311,130
Applied tax rate
1,511.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
For Sale
Year built
1958
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
1,740 SF
Lot
0.42 ac (18,302 SF)
Zoning code
B-4
APN
49-42-02-16-0120
UPID
US18-5542561
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-4 · Pompano Beach, FLZoning B-4 · permitted uses
B-4 · Pompano Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Heavy Business (B-4) district is established and intended to accommodate a wide and diverse range of moderate to high intensity retail, service, office, recreation/entertainment, and institutional uses that provide goods and services serving a community, city wide, and regional customer bases. It also accommodates the city's major employment generating non industrial uses, as well as wholesaling, warehousing, and limited light manufacturing uses
Zone name
Heavy Business
General category
INDUSTRIAL
Zone area
341.53 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1958
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
Hector L Cortes
Individual
Free & Clear · 4 yrs held
Mailing address
4480 NW 42ND TER, COCONUT CREEK, FL 33073-4720
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 10, 2021
$275,000
Hector L Cortes
Luis F Perez
Warranty Deed
—
Aug 10, 2021
—
Hlc Restaurant LLC
Hector L Cortes
Warranty Deed
—
Nov 7, 2018
$100
L F Perez
Perez,luis F & Esperanza D
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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