Last Updated: 12/10/2016 6:37 AM
Description for 1621 S Dixie Highway Pompano Beach, FL 33060
EXCEPTIONAL CORNER, OVER 5 ACRES OF PRIME COMMERCIAL/MULTIFAMILY LAND ON THIS CORNER OF MCNAB AND S. DIXIE HWY IN POMPANO BEACH. LAND IS ZONED B3/B4 (GENERAL BUSINESS/HEAVY BUSINESS); HOWEVER BEING THE PARCEL IS OVER 5 ACRES IT ALLOWS FOR THE CREATION OF A PLANNED DEVELOPMENT(PD) WHICH ENCOMPASSES MULTIPLE POSSIBILITIES SO EITHER HOLD OR DEVELOP. PROPERTY HAS 3,193 SF OF BUILDING(S) AT THE EAST ENTRANCE. ENTIRE PROPERTY IS WALLED/FENCED. SAME TENANT FOR OVER 30 YEARS HAVING AN AUTO & SALVAGE BUSINESS, WHO MAY VACATE PROPERTY OR STAY; HAS A LEASE EXPIRING IN 10/2017 WITH 1-5 YEAR OPTION REMAINING, CURRENT MONTHLY RENT IS $7,260 NNN AND WILL INCREASE 10% FOR NEXT OPTION
Property Being Offered For Sale Includes 3 Parcels
Public Water Service
Exterior / Lot Features
Irregular 267 (Dixie) x >
In City, Public Roads, 5 to 10 Acres
Current market conditions for 1621 S Dixie Highway
Active Market Trends
Median list price$218,450
Days on market129
Properties for sale336
Sold Market Trends
Median sold price$175,000
Sales to list price9,547.0%
Median sq ft price$140
Arrows indicate 90 day trend
Listing Price History for 1621 S Dixie Highway
Pompano Beach Real Estate
Pompano Beach is located in Florida. Pompano Beach, Florida 33060 has a population of 100,819.
The median household income in Pompano Beach, Florida 33060 is $39,656. The median household income for the surrounding county is $51,603 compared to the national median of $53,046. The median age of people living in Pompano Beach 33060 is 42.7 years.
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