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1350 NW 31st Ave - 369 Unit Site Plan Approved Multifamily Land 5.36 Acres of Commercial Land Offered at $12,000,000 in Pompano Beach, FL 33069
INVESTMENT HIGHLIGHTS
- **PRICE SIGNIFICANTLY REDUCED!**Excellent location just off the Turnpike and very close to Atlantic Blvd & I-95
- Located in Opportunity Zone (ID 1201103060)
- Project includes 4,634 sq ft of commercial space and 35 affordable units (out of the 369 that have been approved)
- Incredible 848+/-ft Frontage on NW 31st Ave
- Extremely dense demographics with a 3 mi population of 115,000+ and plenty of surrounding retail
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $12,000,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 5.36 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | B-3/ B-4 - General Business District | ||
| Price | $12,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 5.36 AC |
| Opportunity Zone |
Yes |
| Zoning | B-3/ B-4 - General Business District |
1 LOT AVAILABLE
Lot
| Price | $12,000,000 | Lot Size | 5.36 AC |
| Price Per AC | $2,238,805.97 |
| Price | $12,000,000 |
| Price Per AC | $2,238,805.97 |
| Lot Size | 5.36 AC |
DESCRIPTION
**Price Significantly Reduced!!**Excellent opportunity in Pompano Beach for 5.36 acres of commercial land, site plan approved for 369 units multifamily development project. The site is in a great location just off the Turnpike and very close to Atlantic Blvd and I-95, and features an incredible 848+/-ft frontage on NW 31st Ave. Plans in line with the approval have been partially done and can be taken to completion by the purchaser. To be delivered with construction drawings. Please Call/Email Cami at 561-664-0139 | frassistant1@gmail.com for the offering memorandum and more information.
PROPERTY TAXES
| Parcel Number | 48-42-33-68-0030 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,107,680 |
PROPERTY TAXES
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1350 NW 31st Ave - 369 Unit Site Plan Approved Multifamily Land
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