Home » Pompano Beach » 1941 N Dixie Hwy, Pompano Beach, FL 33060 | A11577074

Retail For Sale 1941 N Dixie Hwy, Pompano Beach, FL 33060

$2,000,000

Property Highlights

Listing ID A11577074 Status of this Listing: Active For Sale Property Type Commercial Sale Retail Building Area 7,470 Sqft/693.99 m2 approx. Lot area 23,046 Sqft/2141.04 m2 approx. Year Built 1973 This listing had previously gone off the market, and it is now Back on the Market. Time of this property on Rebonus 281 Day(s)

1941 N Dixie Hwy, Pompano Beach, FL 33060

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.

Useful Info

Contingency:Other
Original List Price:$2,000,000

Business Info

Financial Data Source:
  • Owner

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Number of Buildings:1
Levels:One
Construction Materials:
  • Block
Structure Type:
  • Warehouse
  • Retail
Stories:1

Property Features

Waterfront:No
Roof:
  • Concrete
  • Built-up

Taxes and Expenses

Tax Annual Amount:$23,666

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Terms

Listing Terms Considered by Seller:
  • Cash
Occupant Type:
  • Tenant
Buyer Possession:
  • Close Of Escrow
Lease Considered:No

Community

Building Name:Seymour 1941
Senior Community:No

Parking

Covered Spaces:0

More Details

Other Information:
Flood ZoneX
FEMA Flood Zone DesignationsX
Ref1073099884
Subdivision Number7

Zoning and Legal

Tax Legal Description:KENDALL GREEN SEC B 44-18 B LOTS 1,2,3 BLK 19
Real Estate Folio Number (Parcel Number):484226070540
Zoning Description:B-3
Public Survey Range:48
Public Survey Section:26

Listing History

Update/EventDate/Days
Published Date:April 28, 2024 6:19 pm
On Market Date:April 28, 2024
Price Change Date Time:April 27, 2024 7:41 am
Last Important Update Description:Back On Market
Date and Time of Last Important Update:October 26, 2024 11:49 am
Status Last Changed:October 26, 2024 11:49 am
Photos Last Modified:April 28, 2024 10:23 pm
Last Modified:December 2, 2024 3:05 pm
Days on the Market Reference Date:December 2, 2024
Days on the Market (updated on Last Modified*):218
Cumulative Days on the Market (updated on Last Modified**):218

Additional Information

Lot Size Range:1/2+ To 3/4 Acre
Number of Photos:8
Location:Corner Lot,Shopping Center,,
Included:Building & Land,,
Geographical Area:N Broward Dixie Hwy To Turnpike (3411-3432;3531)
Area:3423
Courtesy of:LPT Realty
Attribution:754-213-2496
Universal Property Id:US-12011-N-484226070540-R-N

Location

Show Property Address:Yes
Street Name:Dixie Hwy
Street Number:1941
Street Direction Prefix:N
Street Address:1941 N Dixie Hwy
City : Pompano Beach
State : Florida
Zip Code : 33060
County : Broward
Full Address:1941 N Dixie Hwy, Pompano Beach, FL 33060
Latitude:N26° 15' 17.8''
Longitude:W81° 52' 48.5''

Neighborhood

Postal City:Pompano Beach

Property Map