621 1St AvePompano Beach, FL 33060

  • Land
  • 0.72 AC
For Sale
$3,495,000 View listing

Property Details for 621 1St Ave

Lot size
0.72 AC
Zone code
B-4
Property type
Land
Property subtype
Other industrial land
APN
48-42-35-92-0010
APU
484235920010

Description

This exceptional investment opportunity presents a brand-new, 10,000-square-foot warehouse ideally situated in Pompano Beach, Florida. The property consists of two separate buildings, each encompassing 5,000 square feet, offering flexibility and potential for various uses. Located at 621 NE 1st Avenue, Pompano Beach, FL 33060, this property boasts a coveted B-4 Commercial zoning designation, the most intensive commercial zoning within the city. This zoning allows for a wide array of commercial activities, providing significant versatility for the future owner. Constructed in 2024, the warehouse is in excellent condition and ready for immediate occupancy. The anticipated completion date is the second quarter of 2025. The asking price for this prime Pompano Beach warehouse is $3,495,000. All information provided is believed to be accurate but is not guaranteed and is subject to change without notice. Prospective buyers are responsible for independently verifying all details, including permitted uses and applicable regulations under the Pompano Beach B-4 District zoning. Detailed zoning regulations and permitted uses are available upon request. The lot size is not currently available.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $10,957,032
    Hospitality
    $10,036,583
    Educational
    $8,350,319
    Medical
    $8,637,499
    Retail
    $12,989,385
621 1St Ave, Pompano Beach, Florida

Location Insight

City
Pompano Beach
County
Broward
State
Florida
Latitude
26.2382
Longitude
-80.1236
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,796
$374,220
-
$374,220
-
$374,220
-
$374,220

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