Property Description
Directly on the sand – luxury condominium or hotel development site. 101 feet of ocean frontage. One of the few remaining oceanfront sites. Superiorly located, several blocks north of Pompano Beach Pier – restaurants, shopping… Land use attorney advised the seller that a buyer should consult with the City regarding a Planned Development. A PD can provide for more units and building height. Current zoning – RM-20 (20 units or 40 hotel rooms per acre, 35’ maximum height). Survey is being updated. Square footage for density purposes appears to be 24,500+/-. Existing 3 apartments are not operating due to a structural issue. Users of date must independently verify.
Features
Ocean Front
Address Map
FL
Broward County
Pompano Beach
33062
552 N Ocean Blvd
W81° 54' 44''
N26° 14' 29.7''
MLS Addon
552 N Ocean Blvd, Pompano Beach, Florida 33062
$12,500,000
24,948 size sq.ft.
Listing ID #A11526044
Basic Details
Property Type Commercial Sale
Listing Type For Sale
Listing ID A11526044
Price $12,500,000
Year Built 2002
Days on Market 1
Building Area 6,911
Status Active
Property SubType Hotel/motel
Lot Area 24,948 Sqft
List Date 2024-02-03
On Market Date 01/02/2024
MiamiInvestrealty
