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1940 SE 2nd St
Pompano Beach, FL 33060
Turn-Key Owner/User Office Building · Office Property For Sale

Property Facts

Property Type
Office
Building Size
3,710 SF
Building Class
C
Year Built
1989
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,855 SF
Slab To Slab
10’
Building FAR
0.45
Lot Size
0.19 AC
Zoning
B-3
Parking
16 Spaces (4.31 Spaces per 1,000 SF Leased)

About 1940 SE 2ND ST , POMPANO BEACH, FL 33060

Marcus & Millichap, as exclusive advisor, is pleased to present for sale 1940 Southeast Second Street (the Property), a 3,376 +/- rentable square-foot, two-story, turn-key office building located in Pompano Beach, Florida (Fort Lauderdale MSA), a centrally located seaside city in Broward County. ? ? This upscale office building offers 10 parking spaces and a full range of amenities including multiple offices, five newly renovated bathrooms (four half-baths, one-full bath), a conference room, a reception area, a large open work area, a completely renovated full-kitchen, and a two-story atrium waiting room. Additionally, the Property offers impact windows and doors, an electric generator, a tranquil garden area, and a layout that allows for multiple users. ? ? 1940 Southeast Second Street is situated in the Innovation District of Downtown Pompano Beach, an area identified as part of a plan to renovate its aging, downtown center. Among the goals for the area is creating new economic appeal for the city and making it more attractive for companies, their employees, tourists and year-round residents. Plans are in motion to develop about 750,000 square feet of office space, 165,000 square feet of retail, 35,000 square feet of restaurants, 1,500 residential units, and two hotels in the area. Several additional developments have been proposed including Atlantic One, a three to five-story mixed-use center with 10,653 square feet of retail space and 308 new homes including 280 rental apartments and 28 townhouses on the southern side of East Atlantic Boulevard between Southeast 17th and 18th avenue--a block away from the Property. ? ? The Property is optimally located just one-block west of US-1 (Federal Highway) and one-block south of East Atlantic Boulevard, two major corridors in South Florida, providing superior connectivity with convenient access to Interstate 95, the Florida Turnpike, Interstate 75, and A1A (the beaches). The two corridors (Federal Highway and East Atlantic Blvd) offer a combined traffic count of over 80,000 vehicles per day within a-tenth of a mile of the Property. ? ? 1940 Southeast Second Street is adjacent to StorageMart Plaza, a StorageMart and YouFit anchored Plaza that includes tenants such as Starbucks, Tijuana Flats and Bru’s Room and is surrounded by an abundance of residential communities, retailers, healthcare providers and office buildings. Additionally, the Property is less than 1.5-miles from Pompano Beach Airport and the City Hall of Pompano Beach. ? ? The Property is zoned B-3 General Business which allows for a diverse range of uses including but not limited to retail and service sales, restaurants, offices, banks, gasoline filling stations, marinas, auto and boat sales and service uses, theaters, hotels, child care facilities, vocational or trade schools, health care facilities, and places of worship. It also accommodates complementary residential uses, community residences and recovery communities.? ?1940 Southeast Second Street offers an investor/owner-user the opportunity to own an exquisitely located, turn-key, single or multi-user office building in fast-growing and developing Pompano Beach, Florida.? ?

Property Taxes

Property Taxes

Parcel Number
48-42-36-01-3000
Land Assessment
$123,750
Improvements Assessment
$776,750
Total Assessment
$990,550
  • Listing ID: 13926072

  • Date on Market: 9/30/2018

  • Last Updated:

  • Address: 1940 SE 2nd St, Pompano Beach, FL 33060

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