For Sale
$2,000,000

614 Atlantic BlvdPompano Beach, FL 33060

Prime .73-acre commercial/residential land

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 0.734-acre land parcel, located at 614 E Atlantic Blvd in Pompano Beach, Florida (APN 4942-01-54-0010), presents a remarkable mixed-use development opportunity. Zoned TO-EOD, the property boasts 32,005 square feet and offers significant potential due to its strategic location. The site benefits from high visibility with a 40,500 AADT, and its proximity to the beach and I-95 ensures convenient access. The "Live Local" initiative provides incentives for increased density and tax benefits. The property is situated in two zoning areas: MM(0-60), a Mixed-Use Main Street area allowing optional residential use with up to 60 dwelling units per acre, and RM36 (12-36), a Multi-Family Residential area requiring residential use with a minimum of 12 and a maximum of 36 units per acre. The asking price is $2,000,000, and seller financing and joint venture options are available, making this an attractive investment prospect. This prime location offers developers a unique chance to capitalize on the thriving Pompano Beach market. The property's versatility and potential for high-density development make it an exceptional investment opportunity.

Highlights

  • Seller financing available.
  • Joint venture opportunities available.
  • Eligible for "Live Local" tax incentives and increased density allowances.
  • Prime location: minutes from the ocean and major highways.

Property Details for 614 Atlantic Blvd

Property type
Land
Lot Size (sq. ft)
31,973 SF

Location Insight

City
Pompano Beach
County
Broward
State
Florida
Latitude
26.2312907
Longitude
-80.1167997
614 Atlantic Blvd, Pompano Beach, Florida

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614 Atlantic Blvd
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