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Additional details
$4,200,000
Est. payment /mo
3,237 SqFt
UPDATED:
12/19/2024 12:27 PM
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 3,237 sqft
Price per Sqft $1,297
MLS Listing ID A11621401
HOA Y/N No
Year Built 1966
Annual Tax Amount $6,331
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 50
Property Description
DEVELOPER / HOTELIER / INVESTORS! Prime opportunity to buy land on the sand for a steal!! Included in this sale are 8 of the 11 units in the entire building, which means you have 100% control of the association and voting. You only need to buy out the other 3 units (2 owners), bring your new development vision to life. Pompano Beach is exploding with a development resurgence & this is still the ground floor. Billions are being poured in, including the Ritz Carlton, Waldorf Astoria, Solemar, Salato, Casamar, Ocean Six, Sky beach & more coming. Generate income through rents while you get your plans approved. Contact listing agent for most accurate info. RM-45 allows a height of 105' and requires side yard setbacks of 10'. Since lot width is 50' a developer only has floor plan width of 30'
Location
State FL
County Broward
Area 3113
Interior
Flooring Carpet, Ceramic Tile, Other
Exterior
Waterfront Description Ocean Access,Ocean Front
Roof Type Other
Total Parking Spaces 12
Building
Story 4
Sewer Public Sewer
Water Public
Structure Type Block
Others
Tax ID 484329BA0040
Acceptable Financing Cash, Owner May Carry
Listing Terms Cash, Owner May Carry
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Listed by Keller Williams Capital Realty
Marketing Trends
Beach, Pompano Beach, FL
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