City Zoning Confirmation Supporting Residential Density Under Live Local Cash-flowing Live Local redevelopment opportunity on North Dixie Highway (SR-811) in Pompano Beach. The ±1.54-acre site is improved with 26,808 SF of existing retail/office space, currently generating $571,884 in annual income, while also supporting a future ±140-unit mixed-use development by right, subject to site plan approval. The asset offers immediate value-add through below-market rents. Current in-place rents average approximately $21/SF, with a clear mark-to-market opportunity to $30/SF, increasing projected gross income to approximately $804,240 annually and projected NOI to ~$560,000+. This is a true covered land play, where existing cash flow helps offset the hold period while ownership executes a dual strategy of rent growth and future redevelopment under the Live Local Act.