This 1.54-acre income-producing commercial assemblage is located along North Dixie Highway (State Road 811) in Pompano Beach, Florida. The property consists of two B-3 zoned parcels totaling 66,904 SF of land, improved with 26,808 SF of two-story retail and office buildings, currently occupied by 14 tenants and generating $571,884 in annual rental income.
Because the site is commercially zoned, fronts a state roadway, and permits residential use, it qualifies under Florida’s Live Local Act, providing a statutory residential density override, parking reductions, and development flexibility. Under a mid-rise, 8-story execution, the property supports an estimated ±140–155 residential units by-right under Live Local density limits, subject to standard site plan approval. Importantly, this program does not rely on high-rise height. Density is achieved through statutory relief, materially reducing entitlement risk, construction complexity, and execution timelines.