400 E Atlantic Blvd | Pompano Beach, FL 33060
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
400 E Atlantic Blvd
Pompano Beach, FL 33060
Waterfront 204 Approved Luxury Apartments · Land For Sale
·
0.77 AC
INVESTMENT HIGHLIGHTS
- Less than 2 miles/5 minutes to the Atlantic Ocean and the Intracoastal Waterway where there is over $2 billion in new investments in development.
- Rare waterfront location with 225 feet of frontage on the water in Pompano Canal with direct intracoastal and ocean access.
- Designed by Arquitectonica, Rooftop Pool and enclosed parking garage.
- Only fully approved waterfront project on prime Atlantic Blvd. with development order for 204 luxury residential units in 8 stories.
- Potential profit of over $100 million with a new condo development and over 300% projected ROI.
- Brokers protected and offering 3% commission to cooperating brokers.
PROPERTY FACTS
DESCRIPTION
This opportunity is also a Covered Land Play. The property presently has 27 two-story townhouses and retail/office buildings. Current owners upgraded the units, and the property generates over $400,000 in yearly income. Some vacant commercial spaces are not being aggressively marketed by current ownership; the income is projected to be much higher.
PROPERTY TAXES
| Parcel Number | 49-42-01-01-0010 | Improvements Assessment | $2,181,880 |
| Land Assessment | $1,397,720 | Total Assessment | $3,579,600 |
PROPERTY TAXES
Parcel Number
49-42-01-01-0010
Land Assessment
$1,397,720
Improvements Assessment
$2,181,880
Total Assessment
$3,579,600
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
