925 SE 1st St - Medical FOR SALE


Pompano Beach, FL 33060- Outer Pompano Beach/Deerfield Beach
$1,850,000 USD
954-923-2325
925 SE 1st St, Pompano Beach, FL for Sale
$1,850,000 USD
Medical - FOR SALE
1/22
null | 6.8% Cap Rate


HIGHLIGHTS

  • Great location just off of Atlantic Beach Boulevard which is experiencing a resurgence with over $2,000,000,000 worth of new development
  • Value add - priced at $307 per square foot. Comparable sales reflect up to $400 per square foot
  • 19 parking spaces
  • Suite 925: Size Approx 2,000 SF Layout: • Reception area • Two private offices • A large bullpen area for 8-10 cubicles • 2bathrooms • break room.
  • Suite 929:2000 SF Reception area • 6 private offices • 1 executive office • Conference Room • Records room • Break room

OVERVIEW

Value Add Office Building being offered at $307/SF; Comps reflect $400/SF. Property is vacant. This professional office building is well located and has several attributes that make it an appealing investment and functional property for office use: Property Features Location: Strategically well-located, likely offering convenient access for clients and employees. Pompano Beach is undergoing an exciting transformation, with new developments and revitalization projects fueling its growth. The downtown area is seeing a $2 billion redevelopment plan, including multifamily housing, office spaces, retail, and entertainment venues. The city's waterfront is being upgraded with new luxury condos, marinas, and public spaces. Overall, Pompano Beach's economy benefits from its strategic coastal location, diversified industries, and ongoing development initiatives that aim to foster economic growth and community development. Size: 6,018 square feet of adjustable space, allowing flexibility for different office layouts and tenant needs. Parking: 19 parking spaces, a crucial feature for tenants and visitors, particularly in areas with limited street parking. Year Built: 1987 Suite Highlights Suite 925: Layout: Reception area to greet visitors. Two private offices for managerial or confidential use. A large bullpen area, accommodating 8-10 office cubicles, ideal for collaborative teams. Amenities: Two bathrooms for convenience. A small break room for staff comfort. Suite 929: Layout: Reception area for professional first impressions. Six private offices and one executive office, suitable for varied tenant configurations. A records room featuring manual floating shelves that maximize storage efficiency. Break room and conference room to enhance functionality. A larger bullpen area, capable of hosting 10-14 cubicles for extensive team setups. Potential Uses Professional Offices: Perfect for law firms, accounting firms, or consultancy services. Medical/Dental Offices: With minor adjustments, could accommodate healthcare-related tenants. Tech/Creative Workspaces: Suites offer flexible layouts, supporting startups or collaborative teams.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$307 USD /SF

CAP RATE

6.8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,275 SF

ZONING

B-1

APN/PARCEL ID

49-42-01-03-0030

ASK ABOUT THIS PROPERTY

Peter DackoMedia RealtyMore Info
954-923-2325

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Peter DackoMedia RealtyMore Info
954-923-2325

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