Builders and Developers capture your next Pompano Beach opportunity here. RM-20 zoned. Zoning permits developer to build luxury townhouses or a high-end luxury multifamily building.
8,463 sqft corner lot.
Located 0.4 miles from the Related Group's new project Solemar Pompano Beach; 2.6 miles down the A1A from the Ritz Carlton Residences Pompano Beach; one block from the Intracoastal; two blocks from the sand at Pompano Beach; and 1.5 miles from Lighthouse Point.
One block north of the property is a canal with boat slips available for Rent or Purchase from a third party.
Recent comparable sales estimate that new construction luxury townhouses can sell for about +$465 per square foot, and +$645 per square foot for luxury multi-family style condominiums/apartments. Recent comparable rentals estimate that a new construction luxury townhouse can rent for about +$3.05 per square foot; and a new construction luxury apartment can rent for about +$7.50 per square foot.
This quiet neighborhood is perfect for easy Pompano living. The neighborhood has no pass-through streets, only local roads for residents, and is home to townhouses, duplexes, and multifamily buildings.
*Buyer is responsible to confirm all information listed including but not limited to zoning, building codes, permissions, and building/construction development abilities. Seller and Broker make no representations as to these matters.*
