351 Plaza — Sale in Pompano Beach, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Pompano Beach, FL 33060

Photos

351 Plaza — Sale in Pompano Beach, FL, photo 1 of 2
351 Plaza — Sale in Pompano Beach, FL, photo 2 of 2

Investment Figures

Cap rate
1.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present 351 Plaza, a prominent office property located in the thriving city of Pompano Beach, Florida. The property offers a rare opportunity for investors, benefiting from its Mixed- Use (MXE) zoning, which allows for a broad spectrum of uses including office, commercial, residential, and entertainment spaces. This flexibility positions the property as an ideal investment for a variety of operators looking to capitalize on the area's increasing demand for office and mixed-use developments. Spanning 46,462 square feet across two floors, 351 Plaza is designed to meet the needs of modern businesses. The building features open, adaptable floor plans with ample natural light, providing a variety of suite configurations. With an occupancy rate of 88.07%, the property has demonstrated strong demand from tenants and offers substantial potential for growth. The flexible design also allows for creative mixeduse opportunities, accommodating businesses seeking both office and retail space within a single property. The property’s location is a key driver of its value. Situated in the heart of Pompano Beach, 351 Plaza is easily accessible from major highways including I-95 and the Florida Turnpike. This strategic positioning provides tenants with excellent visibility and connectivity to both Fort Lauderdale and Miami, making it a desirable destination for businesses seeking proximity to major South Florida markets. The area is home to a dynamic mix of businesses, retail establishments, and residential communities, further increasing the property’s appeal. Investment Highlights: • The property has been fully remodeled with no deferred maintenance, ensuring that it is in excellent condition and ready for occupancy without requiring significant capital expenditures. This position • 351 Plaza is home to a well-diversified tenant base, providing stable and consistent cash flow. The property is currently 88.07% occupied, with tenants from a variety of

Market Context

This office in Pompano Beach, FL is listed for sale. It is offered at an approximate 1.0% capitalization rate, a key benchmark for income-producing office assets. Compare it against other office listings for sale in Pompano Beach, FL — view the full market.

As of Q1 2026, the Fort Lauderdale office market showed average asking rents near $49.56/SF/yr, and rents up 5.7% year over year. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Estimated Price per SF

$211.43/SF – $1,538/SF

Mid: $640.69/SF

About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.

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