Exceptional Development Opportunity in Pompano Beach.


Property

Website:https://www.nestseekers.com/5560931
Address:
Pompano Beach, FL 33062
Ownership: For Sale
Type: Land
Lot Size: 0.5 Acres

Financials

Price:$3,200,000
Annual Taxes:$11,162

Description

Exceptional Development Opportunity in Pompano Beach. Just a few blocks from the pristine shores of Pompano Beach, this development site at 518-524 N Riverside Drive offers an unparalleled opportunity for visionary developers. Nestled in the vibrant heart of Pompano Beach, the site spans a generous .47 acres and is zoned RM-45, providing immense flexibility and potential for various development projects. With the ability to construct over 20 apartments or craft a collection of luxury townhomes, the site caters to those looking to tap into the area's flourishing real estate market. This unique parcel represents a rare blend of scale, location, and zoning potential, making it a highly attractive investment opportunity. In addition to its proximity to the beach, this property is also conveniently located near the Pompano Beach Pier and a variety of restaurants, offering the perfect blend of convenience and lifestyle appeal. Please note that properties 518 and 524 must be purchased together.

Amenities

  • Cable - Available
  • Electricity Available
  • Other
  • Sewer Available
  • Street Lights
  • Trash Removal
  • Water Available

Contact

Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of Compass Florida, LLC