For Sale
$1,995,000

2716 14Th StPompano Beach, FL 33062

6-Unit Waterfront Development, DRC Approved

Overview

Added:
Dec 11, 2024
Days on market:
117
Exceptional investment opportunity in Pompano Beach, Florida. This 0.41-acre lot, with APN 484330250030, features 75 feet of deep-water canal frontage (no fixed bridges), offering unparalleled waterfront access. The property is zoned RM-20 and includes full building plans approved for six luxury townhomes, each boasting balconies. Community amenities include a pool and gym. The development benefits from a completed DRC approval process, encompassing soil and percolation tests, land and tree surveys, fire hydrant flow tests, SCAD letter, FDOT permits, demolition of existing structures, utility disconnections, temporary water connection, and a tree appraisal. The existing plans allow for six units, but the zoning permits up to nine units with revised plans. Located just minutes from the Pompano Beach Pier, golf courses, beaches, restaurants, parks, and gyms, this property presents a turnkey opportunity for immediate development. The asking price is $1,995,000, or $332,500 per unit. This is a 1031 exchange-approved property. The property consists of two combined parcels.

Highlights

  • DRC-approved development project.
  • Six waterfront units.
  • 1031 Exchange eligible.
  • 75 feet of waterfront frontage.

Property Details for 2716 14Th St

Property type
Land, Apartment buildings
Lot Size (sq. ft)
17,860 SF
Units
6

Location Insight

City
Pompano Beach
County
Broward
State
Florida
Latitude
26.25009132
Longitude
-80.09506313
2716 14Th St, Pompano Beach, Florida

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2716 14Th St
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