$8,000,000143 days on marketActive

2025 N Dixie Highway, Pompano Beach, FL 33060

Pompano Beach, FL 33060

Sq Ft

1984

Year Built

1.54 acres

Lot Size

Listing Snapshot

List Price	$8,000,000
Beds	0
Baths	0
Living Area	0 sqft
Lot Size	1.54 acres

Year Built	1984
Property Tax	$76,000/yr
MLS #	1150811608
Status	Active
Days on Market	143

About This Home

Zoned for Church + Schools + Live Local ApprovedCash-flowing Live Local redevelopment opportunity on North Dixie Highway (SR-811) in Pompano Beach.±1.54 acres improved with 26,808 SF of existing retail/office buildings generating $570,000+ in annual income, while supporting a future ±140-unit residential development by-right under Florida’s Live Local Act, subject to site plan approval.In addition to redevelopment density, the asset offers near-term cap-rate compression through tenant upside. Current in-place rents average approximately $21/SF, materially below documented market leases in the $28–$32/SF range, providing a clear path to NOI growth through lease renewals and re-tenanting.This is not a retail acquisition.Developers are acquiring time, entitlement certainty, unit yield, and income growth. The property generates cash flow during the entitlement and planning phase, allowing the asset to pay for its own hold while value is enhanced on both the income and redevelopment fronts.