THE OPPORTUNITY: A STRATEGIC IN-FILL DEVELOPMENT Positioned in the heart of the "New Pompano" luxury migration, this 10,437 SF development site represents one of the few remaining "clean slate" assets in a high-barrier-to-entry coastal enclave. Currently housing an existing structure, the property is primed for a Highest and Best Use redevelopment into a boutique, four-unit luxury townhouse community. While the surrounding market is largely restricted to single-family use, this specific RM-20 (Multiple-Family Residence) zoning allows an investor to bypass the limitations of a single-home build. By delivering a high-yield, high-design multi-family project, a developer can capitalize on a sub-market where "lock-and-leave" luxury units are setting record-breaking exit prices in 2026. LOCATION: THE EPICENTER OF SOUTH FLORIDA GROWTH The property is situated in the prestigious Riverside Drive District, an area currently undergoing a massive luxury transformation. The "Walkability" Factor: Future residents are less than a 10-minute walk from the Pompano Beach Fishing Village, a $50M+ master-planned destination featuring high-end retail and flagship dining like Houston’s and Oceanic. Boating & Atlantic Access: Located on the coveted "east side" of the Intracoastal, the site is minutes from the Hillsboro Inlet. With no fixed bridges to the Atlantic, this location is a magnet for the global yachting community. Massive Infrastructure Growth: The city’s aggressive investment in the "Innovation District" and Atlantic Blvd corridor ensures that land values in this specific pocket are protected by a shrinking supply of developable RM-20 parcels. HIGHEST AND BEST USE: THE RM-20 ADVANTAGE Density Play: Zoned for 4 luxury units, allowing the developer to spread land acquisition costs across four sellable doors. Verticality: A 35-foot height allowance supports 3-story architectural designs with expansive rooftop terraces, capturing Atlantic breezes and Intracoastal sunset views. Efficiency: A 60% maximum lot coverage allows for substantial building footprints, including multi-car garages and private outdoor living spaces.