Auction of The Tower at Avery Place
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Auction of The Tower at Avery Place

Minimum Bid: $5,500,000 (Last Offered at $12,900,000) - Buyers Premium: 8% Added to the Final Bid Price -Broker Participation: 2% of the Final Bid Price

ONLINE AUCTION!

Fisher Auction Company and CBRE, Inc., are pleased to offer a rare “Value Add” opportunity via Online Auction, The Tower at Avery Place an 8-story tower that is prominently located along South Florida’s very busy Federal Highway (US-1) in Pompano Beach, Florida.

Located less than 1 mile from the Atlantic Ocean, the Building boasts unobstructed panoramic views of the Atlantic Ocean and surrounding areas. The ±53,144 SF Building was built in 1973, updated in 2001 and sits on ±1.55 acres, which includes a 4-story shared parking structure.

Property Highlights 

  • Building Size - 53,144 SF
  • Site Size - ±0.6 Acres (Without Parking Structure)
  • Year Built - 1973 (Renovated in 2001) 
  • Car Parking - 231 spaces located within the shared on-site structured parking garage.
  • Includes 2 off site parking lots for an additional 75 +/- parking spaces