Directly on the sand luxury condominium or hotel development site.


Property

Website:https://www.nestseekers.com/3358885
Address:
552 N Ocean Blvd
Pompano Beach, FL 33062
Ownership: For Sale
Pets: Pets Allowed

Financials

Price: $12,500,000
Annual Taxes: $75,570

Description

Directly on the sand - luxury condominium or hotel development site. 101 feet of ocean frontage. One of the few remaining oceanfront sites. Superiorly located, several blocks north of Pompano Beach Pier – restaurants, shopping... Land use attorney advised the seller that a buyer should consult with the City regarding a Planned Development. A PD can provide for more units and building height. Current zoning – RM-20 (20 units or 40 hotel rooms per acre, 35’ maximum height). Survey is being updated. Square footage for density purposes appears to be 24,500+/-. Existing 3 apartments are not operating due to a structural issue. Users of date must independently verify.

Contact

888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Courtesy of Coldwell Banker Realty