2716 14Th StPompano Beach, FL 33062

Property Details for 2716 14Th St

Lot size

0.41 AC

Property type

Land

Property subtype

Multifamily properties

Description

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.

Location Insight

City

Pompano Beach

County

Broward

State

Florida

Latitude

26.2501

Longitude

-80.0951

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