Address2000 N Federal Hwy Hwy, Pompano Beach, FL, 33062

Price$4,295,000

  • Commercial
  • 10,371 SQ FT
  • Built in 1978

2000 N Federal Hwy is a 10,371 square foot medical office building on one of Pompano's most desired stretches of Federal Highway. This property was constructed in 1979 and renovated from 2017 with new roof, and 2018, and 2019 with impact windows, paint and landscaping. The property zoning, B-3 General Business, allows for a wide array of business to operate. The building is fully leased out, with long standing tenants in place. All tenants are on gross leases and under market rents. The property has recently passed it's 40-year recertifications and is up to date on recent code for the elevator. 45 parking spaces allows the new owner to convert the ground floor to retail, further increasing the NOI. This three-story building has additional signage opportunity on the bell tower, to make this building a Landmark Building. Current NOI on the property is $157,276.71. Implementing a CAM to push expenses to the tenants will add approximately $71,263.73 to the NOI. Average rents for office and Medical office in the area are $22-25/SF, Retail averages $40/SF. , to make this building a Landmark Building. Current NOI on the property is $157,276.71. Implementing a CAM to push expenses to the tenants will add approximately $71,263.73 to the NOI. Average rents for office and Medical office in the area are $22-25/SF, Retail averages $40/SF.

Essential Information

  • MLS® #RX-10910929
  • Price$4,295,000
  • Taxes$35,610 (2022)
  • Square Footage10,371
  • Acres0.06
  • Price/SqFt$414 USD
  • Year Built1978
  • TypeCommercial
  • StatusActive

Community Information

  • Address2000 N Federal Hwy Hwy
  • Area3231
  • CityPompano Beach
  • CountyBroward
  • StateFL
  • Zip Code33062

Sub-Type

Retail, Professional, Office, Other

Style

Free Standing, Medical, Office/Professional, Retail

Utilities

3-Phase Electric, Cable, Public Sewer, Public Water

Amenities

Interior

  • AppliancesBuilding and Land
  • HeatingCentral, Electric
  • CoolingCentral Building, Electric
  • # of Stories3

Exterior

  • Lot Description2000 N Federal Hwy
  • RoofOther
  • ConstructionConcrete

Additional Information

  • Days on Website51
  • ZoningB-3

Listing Details

  • OfficeSutter & Nugent LLC
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Price Change History for 2000 N Federal Hwy Hwy, Pompano Beach, FL (MLS® #RX-10910929)

Date Details Change
Price Reduced from $4,895,000 to $4,295,000 $600,000 (12.26%)
Status Changed from Price Change to Active
Status Changed from Active to Price Change
Price Reduced from $4,995,000 to $4,895,000 $100,000 (2.00%)
Status Changed from New to Active

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