Pompano Beach, FL 33060,1941 N Dixie Hwy
Pompano Beach, FL 33060,1941 N Dixie Hwy
Pompano Beach, FL 33060,1941 N Dixie Hwy
8
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$2,000,000
Est. payment /mo
7,470 SqFt
Exclusive Listing
Active

1941 N Dixie Hwy Pompano Beach, FL 33060

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UPDATED:

12/02/2024 03:05 PM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 7,470 sqft

Price per Sqft $267

MLS Listing ID A11577074

HOA Y/N No

Year Built 1973

Annual Tax Amount $23,666

Lot Size 0.529 Acres

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

Level or Stories One

Structure Type Block

Others

Tax ID 484226070540

Acceptable Financing Cash

Listing Terms Cash


Listed by LPT Realty

Learn More About LPT Realty

Cher Varghese

Agent | License ID: 3292935

+1(954) 643-3601

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1941 N Dixie Hwy