723 Ocean BlvdPompano Beach, FL 33062

  • Commercial land
  • 0.47 AC
For Sale
$3,250,000 View listing

Property Details for 723 Ocean Blvd

Year built
2006
Lot size
0.47 AC
Zone code
RPUD
Property type
Commercial land
APN
48-43-31-49-0020
APU
484331490020

Description

This unique special-purpose property, located at 723 N Ocean Blvd in Pompano Beach, Florida, presents a rare investment opportunity. Situated directly across from the Atlantic Ocean in Broward County, this property boasts an enviable beachfront location in the desirable 33062 zip code. The asking price is $3,250,000. The property's classification as "Special Purpose" suggests a wide range of potential uses, making it ideal for investors seeking a unique and potentially high-return venture. Given its prime oceanfront location, possibilities could include boutique hotel development, a high-end residential conversion, or a unique commercial enterprise catering to the beachfront community. The property's address is easily accessible via 723 N Ocean Blvd, offering excellent visibility and convenient access for potential clientele. Detailed information regarding the property's specific characteristics and zoning regulations is available upon request. This is a truly exceptional opportunity to acquire a significant piece of Pompano Beach real estate with unparalleled ocean views and immense potential for future development or redevelopment. The property's latitude and longitude coordinates are 26.2438152 and -80.0881552 respectively. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $7,079,482
    Hospitality
    $6,484,768
    Educational
    $5,395,250
    Medical
    $5,580,802
    Retail
    $8,392,612

Location Insight

City
Pompano Beach
County
Broward
State
Florida
Latitude
26.2438
Longitude
-80.0882
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$27,949
$1,324,380
$17,180
$1,341,560
-
$1,324,380
$17,180
$1,341,560

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