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1207 E Atlantic Blvd
Pompano Beach, FL 33060
Land For Sale · 1.07 AC

Investment Highlights

  • Mixed-Use Zoning 1.07 Acre property on main corridor of Atlantic Blvd.

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use Mixed Use
Total Lot Size 1.07 AC
Zoning TO - Transit Oriented

Description

Located just north of Ft. Lauderdale, east of the Florida Turnpike, in the heart of Florida’s Gold Coast, the City is home to some of the warmest and clearest waters, beautiful sand beaches, and calming breezes. The City has a population of about 112,000 residents year-round, but peaks to around 150,000 during the seasonal months (November through April). Due to the City’s substantial public investment in the beach area and other major corridors and public assets, the City is now a prime target for private development and investors. Significant private development is underway in and around the pier and beach area and the continued transformation of that area over the next few years is expected to be astounding, attracting locals and visitors alike. The property offered for sale consists of 4842 36 00 0360. The property is former folio 484236000370 (1213 E Atlantic Boulevard) where the old library was located and folio 484236000360 which was purchased by the City February 2019. A Declaration of Unity of Title to unify the two folios was recorded by Broward County June 19, 2019. The resulting unified folio will require the successful bidder to develop the property as one site. The site is 1.07 acres (46,760 square feet) of vacant land on the northwest corner of intersection of Atlantic Boulevard and NE 13th Avenue with 200 feet of frontage on Atlantic Boulevard. The zoning allows for mixed-use development with residential units optional, but not required. Density Regulating Plan Designation – The south portion of the folio is designated MM (0-60) Mixed-Use Main Street (O.R.) Optional Residential. The north portion is designated MM (0-24) Mixed-Use Main Street (O.R.) Optional Residential. Number of Dwelling Units allowed based upon lot size: The south portion of folio with the density designation MM (0-60) allows for a minimum of 0 units and a maximum of 32 units; the north portion of the folio with the density designation of MM (0-24) allows for a minimum of 0 units and a maximum of 12 units. Total maximum number of units allowed for the folio is 44 units based on the current lot size (prior to any required dedication of property). Pursuant to 155.3709.E.2.c.ii, development parcels with two or more density area designations shall unify for development purposes and may cluster units, provided: a. the total number of units built does not exceed the total number of units permitted for each parcel and including eligible density bonuses; b. the maximum permitted building height as shown in the Sub-Areas/Building Height Regulating Plan is not exceeded. Building Heights Regulating Plan Designation - The south portion of folio is designated as “Center” with a maximum building height of 55 feet. The north portion of the folio is designated as “Edge” with a maximum building height of 35 feet. Thus, if a building height is proposed to be maximized on this parcel, the building would be required to stepdown from 55 feet at the line that separates the parcel in the “Center” to 35 feet in height for the portion of the parcel in the “Edge.” Allowed Building Typologies: Building types allowed in the south portion of the folio designated as center “Center” Sub-Area are Tower, Liner, Courtyard Type A and B, Flex, Townhouse Type B. Building types allowed in the north portion of the folio designated as “Edge” Sub-Area: Courtyard Type A and B, Flex, Townhouse Type A and B, Zero Lot-Line. See Table 155.3709.I.1 in Zoning Code Diagram 155.3501.O.4 Building Typology and Placement Regulating Diagrams.

Property Taxes

Property Taxes

Parcel Number
48-42-36-00-0360
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,095,320
  • Listing ID: 18839757

  • Date on Market: 3/12/2020

  • Last Updated:

  • Address: 1207 E Atlantic Blvd, Pompano Beach, FL 33060

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