614 Atlantic BlvdPompano Beach, FL 33060

Property Details for 614 Atlantic Blvd

Lot size

0.73 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

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.

Location Insight

City

Pompano Beach

County

Broward

State

Florida

Latitude

26.2313

Longitude

-80.1168

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