5255 SW 56th Ave
Pembroke Park, FL 33023
County Line Road · Land For Sale · 2.04 AC

Compass has been retained as the exclusive sales and marketing agent for +/-2.03 Acre of vacant land in Pembroke Park, Broward County, Florida. Located on the Northeast corner of NE 215th Street (31,500 ADT) & SW 56th Avenue, this property has 278 feet of street frontage, and is zoned B-1 which allows for a variety of retail and commercial uses. The Property represents a rare clean-slate development opportunity in an established, mature market. Other development sites in the area are mainly redevelopment or in-fill in nature, making the Property unique in its ability to offer a blank canvas for new development. The Property is offered with entitlements for commercial uses and can be potentially rezoned for multifamily, up to 16 units per acre. Pembroke Park's existing inventory of multifamily product is aging, and newer, updated construction will likely enjoy significant pricing power in comparison to the majority of its competition.