2025 N Dixie Hwy - Storefront Retail/Office FOR SALE


Pompano Beach, FL 33060- Outer Pompano Beach/Deerfield Beach
$8,000,000 USD
2025 N Dixie Hwy, Pompano Beach, FL for Sale
$8,000,000 USD
Storefront Retail/Office - FOR SALE
1/47
null | 5.48% Cap Rate

2025 N Dixie Hwy
Pompano Beach, FL 33060
Outer Pompano Beach/Deerfield Beach


HIGHLIGHTS

  • Live-Local High-Rise Redevelopment Site on US-1 (N Dixie Hwy) in Pompano Beach
  • 1.54-Acre B-3 Zoned Assemblage eligible for unlimited residential density and increased FAR
  • Supports 250 to 550+ Units and up to 30 stories by right under Live Local

OVERVIEW

This 1.54-acre income-producing commercial assemblage is located along North Dixie Highway (State Road 811) in Pompano Beach, Florida. The property consists of two B-3 zoned parcels totaling 66,904 SF of land, improved with 26,808 SF of two-story retail and office buildings, currently occupied by 14 tenants and generating $571,884 in annual rental income. Because the site is commercially zoned, fronts a state roadway, and permits residential use, it qualifies under Florida’s Live Local Act, providing a statutory residential density override, parking reductions, and development flexibility. Under a mid-rise, 8-story execution, the property supports an estimated ±140–155 residential units by-right under Live Local density limits, subject to standard site plan approval. Importantly, this program does not rely on high-rise height. Density is achieved through statutory relief, materially reducing entitlement risk, construction complexity, and execution timelines.

FOR SALE DETAILS

PRICE

$8,000,000 USD

PRICE/SF

$434 USD /SF

CAP RATE

5.48%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cash-flowing Live Local City Zoning Confirmed

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.54 AC

LAND SF

66,904 SF

ZONING

B-3

APN/PARCEL ID

48-42-26-21-0010

ASK ABOUT THIS PROPERTY

John DeMarcoRE/MAX 5 Star RealtyMore Info

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John DeMarcoRE/MAX 5 Star RealtyMore Info

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