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- LoopNet Team
2606 N Palm Aire Dr
Pompano Beach, FL 33069
Fully Approved Site Plan for 99 Units · Land For Sale
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2.22 AC
INVESTMENT HIGHLIGHTS
- In the prestigious Palm Aire neighborhood, adjacent to Palm Aire Country Club.
- Fully approved site plan for 99 units, surface parked.
- 100% construction plans ready to be submitted.
- Very wooded and plenty of greenspace throughout the neighborhood.
- Final plat has been approved and recorded.
PROPERTY FACTS
DESCRIPTION
Located at the prestigious Palm Aire neighborhood of Pompano Beach, this 2.22-acre parcel is fully site plan approved for development of a 99-unit surface-parked, mid-rise multifamily development, eliminating the need for structured parking. Land is presently vacant except for one (1) structure (uninhabited). Additionally, the Property received an allocation of 99 residential flex units that is valid until January 31, 2029 and has a recorded final plat. The current as-of-right zoning category accommodates residential, multifamily, senior, and assisted living with zero affordability requirement. Certain non-residential uses are also permitted by special exception. Access to the property is on North Palm Aire Drive, just west of S. Powerline Road with clear visibility from Powerline Road (with approximately 45,000 trips per day). There is connectivity to major employment centers, shopping, restaurants, and entertainment venues. Both Interstate 95 and the Florida Turnpike are within 2 miles from the Property.
