114 N Flagler Ave - Retail FOR SALE


Pompano Beach, FL 33060- Outer Pompano Beach/Deerfield Beach
$1,575,000 USD
786-306-7259
114 N Flagler Ave, Pompano Beach, FL for Sale
$1,575,000 USD
Retail - FOR SALE
1/13
null | Request Cap Rate

114 N Flagler Ave
Pompano Beach, FL 33060
Outer Pompano Beach/Deerfield Beach


HIGHLIGHTS

  • Attractive seller financing terms available: 30% down, 3-5 years, 6.5% interest "only", no prepay penalty
  • Just off Atlantic Boulevard (±53,000 VPD) and North Dixie Highway (±30,800 VPD), providing excellent visibility and accessibility
  • Includes four installed grease traps, offering immediate functionality for restaurant or hospitality concepts
  • Two-Story Configuration — Ground floor: 15’1” ceiling height (3,847 SF); Second floor: 9’7” ceiling height (3,847 SF)
  • Proximity to Pompano Beach Airpark — Only 1.2 miles away, serving as a convenient destination for business and leisure travelers
  • Located in Pompano Beach’s rapidly revitalizing Old Town District- A growing, walkable mixed-use area attracting major residential & retail investment

OVERVIEW

Marcus & Millichap is pleased to present the opportunity to acquire a prime mixed-use redevelopment site located in the heart of Downtown Pompano Beach at 114 N Flagler Ave Pompano Beach, FL. The City of Pompano Beach has demonstrated a strong commitment to growth, investing heavily in infrastructure and public amenities. The property benefits from TO-DPOD zoning, a highly flexible mixed-use designation encouraging a blend of residential, commercial, and entertainment uses. This long-term initiative aims to attract new residents, businesses, and visitors through substantial public and private investment. Directly across from the proposed Innovation District, which is the city’s most ambitious revitalization effort — a 75-acre master plan designed to transform the area into a vibrant, walkable hub featuring over 1,200 new apartments and 100,000+ square feet of commercial, hotel, and office space. Located just off Atlantic Boulevard (±53,000 VPD) and North Dixie Highway (±30,800 VPD), the property enjoys excellent visibility and connectivity within the downtown core. With four existing grease traps and close proximity to major planned developments, this site is uniquely positioned to capitalize on the city’s ongoing redevelopment momentum and future growth.

FOR SALE DETAILS

PRICE

$1,575,000 USD

PRICE/SF

$205 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Downtown Creative Adaptive Reuse Opportunity

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1951

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

TO-DPOD

APN/PARCEL ID

48-42-35-08-0150

ASK ABOUT THIS PROPERTY

Jonathan De La RosaMarcus & MillichapMore Info
786-306-7259

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Jonathan De La RosaMarcus & MillichapMore Info
786-306-7259

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.