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681 SW 16th Ter — 1st Floor

📍 681 SW 16th Ter · 1st Floor · Pompano Beach, FL 33069
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Unit Specifications
23,297 SF Sq Ft
Warehouse / Distribution Type
Apr 2030 Lease Terms
90 Days Available
$31,063/mo Monthly Rate
Full Build-Out Condition
— Use Type
— Quality
$16.00 /SF/YR Lease Rate
2006 Year Built
— Renovated
— Stories
Building Specifications
Total Building SF60,729 SF
Total Available23,297 SF
Lot Size4.66 AC
Clear Height24’
Drive-In Bays1 Bay
Parking34 Spaces
SprinklersWet
ConstructionReinforced Concrete
Park/ComplexPadel business – sublease
Space Description & Highlights
Opportunity to acquire a fully built-out indoor padel and pickleball facility, offered as a sub-lease combined with the sale of the operating business. The space will be delivered fully up to code and ready to operate by April 1st.
The facility will feature eight total courts for padel and pickleball and is designed for memberships, leagues, training, tournaments, and private events in a rapidly growing South Florida market.
Key terms:
Business sale price: $2,400,000
Structure: sub-lease
Lease term: 5 years
Renewal option: one additional 5-year option
Delivery condition: turnkey and fully operational by April 1st
Property and business highlights:
Modern indoor racquet sports facility
7 padel and pickleball courts
Long-term lease security
Strong demand for indoor racquet sports
Notes:
Sub-lease subject to landlord approval
Confidential transaction; NDA required for financial and operational details
Contact:
Franco Massacessi
Commercial & Business Broker

Highlights:
• Sublease space available from current tenant
• Space is in Excellent Condition
• Reception Area
• Pickel ball court
• Lease rate does not include utilities, property expenses or building services
• Central Air Conditioning
• padel court
Building Description
Property Overview
Opportunity to acquire a fully built-out indoor padel and pickleball facility, offered as a sub-lease combined with the sale of the operating business. The space will be delivered fully up to code and ready to operate by April 1st.
The facility will feature eight total courts for padel and pickleball and is designed for memberships, leagues, training, tournaments, and private events in a rapidly growing South Florida market.
Key terms:
Business sale price: $1,600,000
Structure: sub-lease
Lease term: 5 years
Renewal option: one additional 5-year option
Delivery condition: turnkey and fully operational by April 1st
Property and business highlights:
Modern indoor racquet sports facility
Eight padel and pickleball courts
Long-term lease security
Strong demand for indoor racquet sports
Notes:
Sub-lease subject to landlord approval
Confidential transaction; NDA required for financial and operational details
Contact:
Franco Massacessi
Commercial & Business Broker
Labor market & logistics
Labor pool (pop)
5,485
Working age 18–64
54%
Median age
40.6
Median income
$38,900
Logistics — drive distance
FLL airport
13.6 mi
MIA airport
38.8 mi
Workforce age
Under 1826%
18–3419%
35–5425%
55+31%

Neighborhood Demographics · Census Tract 030803

Figures for the census tract this property sits in — the immediate surrounding neighborhood (roughly ½–2 sq. mi). For distance‑based totals, see the 1 / 3 / 5‑mile rings below.
5,485
Population
$38,900
Median Household Income
41
Median Age
2,000
Households
Household Income of 2,000 households
<$50k1,215 61%
$50–100k518 26%
$100–150k222 11%
$150k+45 2%
Age of 5,485 residents
Under 181,421 26%
18–341,025 19%
35–541,379 25%
55–64525 10%
65+1,135 21%

Trade-Area Rings · Distance from Property

Everyone living within a straight‑line radius of the property — the classic retail trade area. Each ring is cumulative (the 3‑mile total includes the 1‑mile).
1 Mile
9,079
population
3,693 households
$63,261 avg income
3 Miles
115,401
population
47,498 households
$85,116 avg income
5 Miles
336,601
population
142,376 households
$92,272 avg income

Frontage Traffic vs. Palm Beach County's Busiest Roads

This property fronts SW 16th Ter. Below, its measured daily traffic (FDOT count) is compared to five of the county's busiest roads — I‑95, Florida Turnpike, Okeechobee Blvd, US‑1/Federal Hwy, and Military Trail (approximate peak AADT) — to show how much exposure the location gets.
21,000vehicles / day on SW 16th Ter (AADT)
I‑95 (interstate) 255,000
Florida Turnpike 95,000
Okeechobee Blvd 62,000
US‑1 / Federal Hwy 46,000
Military Trail 40,000
◆ SW 16th Ter 21,000
This frontage carries about 8% of I‑95's volume — lighter neighborhood traffic. County roads shown are approximate peak AADT.
FDOT count stations on SW 16th Ter
21,000 AADT between MCNAB RD and SW 3 ST (2025)
17,800 AADT between POWERLINE RD and ANDREWS AV/SW 12 AV (2025)
Risk & Incentives
🌊 Flood Zone X · minimal ✓ Not in Flood Hazard Not an Opportunity Zone
Proximity
✈ Airports
Palm Beach Intl (PBI) 32.1 mi
Ft. Lauderdale (FLL) 13.6 mi 22 min drive
Miami Intl (MIA) 38.8 mi 58 min drive
⚓ Seaports
Port of Palm Beach 38.9 mi
Port Everglades 12.3 mi
PortMiami 30.9 mi
Lease Rate
$16.00 /SF/YR
Key Facts
Status Available
Listing Type —
Property Type Warehouse / Distribution
Square Feet 23,297 SF
Asking Price —
Year Built 2006
Zoning I-1 - Industrial
Park Name Padel business – sublease
Clear Height 24’
Drive-In Bays 1 Bays
Dock-High Bays —
Column Spacing —
Sprinklers Wet
Construction Reinforced Concrete
Parking 34 Spaces
Lot Size 4.66 AC
Lease Terms Apr 2030
City Pompano Beach, FL
ZIP Code 33069
Request Information
Listing Courtesy of Central Realty Group
Franco Massacessi
Central Realty Group