400 E Atlantic Blvd - Commercial LAND FOR SALE
Pompano Beach, FL 33060 |
400 E Atlantic Blvd
Pompano Beach, FL 33060
HIGHLIGHTS
- Less than 2 miles/5 minutes to the Atlantic Ocean and the Intracoastal Waterway where there is over $2 billion in new investments in development.
- Only fully approved waterfront project on prime Atlantic Blvd. with development order for 204 luxury residential units in 8 stories.
- Rare waterfront location with 225 feet of frontage on the water in Pompano Canal with direct intracoastal and ocean access.
- Potential profit of over $100 million with a new condo development and over 300% projected ROI.
- Designed by Arquitectonica, Rooftop Pool and enclosed parking garage.
- Brokers protected and offering 3% commission to cooperating brokers.
OVERVIEW
This opportunity is also a Covered Land Play. The property presently has 27 two-story townhouses and retail/office buildings. Current owners upgraded the units, and the property generates over $400,000 in yearly income. Some vacant commercial spaces are not being aggressively marketed by current ownership; the income is projected to be much higher.
FOR SALE DETAILS
PRICE
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# OF LOTS
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LAND DETAILS
PROPERTY NAME
Waterfront 204 Approved Luxury Apartments
PROPERTY TYPE
Land
PROPERTY SUBTYPE
Commercial
LAND PROPOSED USE
Mixed Use, Multi-Family, Apartment Units, Apartment Units - Condo, Hold for Development, Hold for Investment
LAND ACRES
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LAND SF
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OFFSITE IMPROVEMENTS
Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation
ZONING
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APN/PARCEL ID
49-42-01-01-0010
