305-613-4507
2050 Dr Martin Luther King Jr Blvd, Pompano Beach, FL for Sale
Convenience Store - FOR SALE
1/6
null | Request Cap Rate

2050 Dr Martin Luther King Jr Blvd
Pompano Beach, FL 33069
Outer Pompano Beach/Deerfield Beach


HIGHLIGHTS

  • ±3.79 Acres at Signalized Corner of Hammondville Road & Powerline Road
  • Zoning: B-3 (General Business) – permits retail, restaurant, hotel, office, institutional, and multifamily uses
  • Future Land Use: Commercial
  • Permitted Uses: Retail, restaurants, and service businesses, Office and professional services, Hotels and lodging, Multifamily
  • Development Flexibility: Approved for 261 units with 38 flex units and 6:1 moderate-income bonus density
  • Infill Location with Excellent Access to I-95, Tri-Rail, and regional employment hubs

OVERVIEW

Colliers is pleased to present 2050 Dr. Martin Luther King Jr. Boulevard, a ±3.79-acre prime infill development site at the signalized intersection of Powerline Road and Hammondville Road in Pompano Beach, Florida. Zoned B-3 (General Business) with a Commercial Future Land Use (FLU) designation, the property is uniquely positioned for a variety of development strategies. The site is currently approved for a 261-unit multifamily project utilizing 38 allocated flex units and Broward County’s affordable housing density bonus program. However, its core commercial zoning allows a broad range of by-right uses, including retail, restaurants, office, hotel, and other commercial services, making it highly suitable for a mixed-use or retail-focused development.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Prime Development Site

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

1.21 AC

LAND SF

52,891 SF

ZONING

B-3

APN/PARCEL ID

48-42-34-00-0271

ASK ABOUT THIS PROPERTY

Virgilio FernandezColliersMore Info
305-613-4507

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Virgilio FernandezColliersMore Info
305-613-4507

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.