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1350 NW 31st Ave - 369 Unit Site Plan Approved Multifamily Land

5.36 Acres of Commercial Land Offered at $14,000,000 in Pompano Beach, FL 33069

Investment Highlights

  • Excellent location just off the Turnpike and very close to Atlantic Blvd & I-95
  • Located in Opportunity Zone (ID 1201103060)
  • Project includes 4,634 sq ft of commercial space and 35 affordable units
  • Incredible 848+/-ft Frontage on NW 31st Ave
  • Extremely dense demographics with a 3 mi population of 115,000+ and plenty of surrounding retail

Executive Summary

Excellent opportunity in Pompano Beach for 5.36 acres of commercial land, site plan approved for 369 units multifamily development project. The site is in a great location just off the Turnpike and very close to Atlantic Blvd and I-95, and features an incredible 848+/-ft frontage on NW 31st Ave. Please Call/Email Lira at 561-406-0906 | frassistant1@gmail.com for the offering memorandum and more information. To be delivered with construction drawings.

Property Facts

Price $14,000,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Office
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Distribution
  • Hold For Development
  • Hold For Investment
  • Office Park
  • Warehouse
Total Lot Size 5.36 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $14,000,000
Price Per AC $2,611,940
Lot Size 5.36 AC

Description

Excellent opportunity in Pompano Beach for 5.36 acres of commercial land, site plan approved for 369 units multifamily development project. The site is in a great location just off the Turnpike and very close to Atlantic Blvd and I-95, and features an incredible 848+/-ft frontage on NW 31st Ave.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
48-42-33-68-0030
Land Assessment
$2,801,280
Improvements Assessment
$0
Total Assessment
$2,825,170

zoning

Zoning Code B-3/ B-4 (General Business District)
B-3/ B-4 (General Business District)
  • Listing ID: 33039754

  • Date on Market: 9/3/2024

  • Last Updated:

  • Address: 1350 NW 31st Ave, Pompano Beach, FL 33069

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