Pompano Beach, FL 33060,1941 N Dixie Hwy
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Pompano Beach, FL 33060,1941 N Dixie Hwy
Pompano Beach, FL 33060,1941 N Dixie Hwy
Pompano Beach, FL 33060,1941 N Dixie Hwy
Pompano Beach, FL 33060,1941 N Dixie Hwy

$1,800,000

Est. payment /mo

$2,000,000

10.0%
Est.Price: ?

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1941 N Dixie Hwy Pompano Beach, FL 33060

7,470 SqFt

SOLD DATE : 04/04/2025

Key Details

Sold Price $1,800,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 7,470 sqft

Price per Sqft $240

MLS Listing ID A11577074

Year Built 1973

Annual Tax Amount $23,666

Lot Size 0.529 Acres

Property Sub-Type Retail

Property Description

Back on the market due to the buyer being unable to secure financing. Recently remodeled retail plaza located just blocks from the new Pompano Beach. 100% occupied with long term tenants and leases in place. The center is located just blocks from the new Old Town Square and Old Town Backyard. North Dixie Hwy has become a recent hot spot of new development of residential and commercial properties.

The tenants are currently paying 17.50/sq ft and 7.50/sq ft CAM with annual 3% increases. 3 of the leases are expiring on 03/31/2025 allowing the opportunity to increase the rents. 50-year inspection recently completed.

Location

State FL

County Broward

Area 3423

Exterior

Roof Type Built-Up,Concrete

Building

Story 1

Structure Type Block

Others

Acceptable Financing Cash

Listing Terms Cash

Read Less

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Listed by LPT Realty
Bought with EXP Realty LLC
agent

Alex Mendel

Agent

+1(561) 827-8449

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