67-Unit Mixed-Use Development | 31 NE 22nd Ave
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67-Unit Mixed-Use Development 31 NE 22nd Ave
67 Unit Apartment Building $3,200,000 ($47,761/Unit) Pompano Beach, FL 33062
Investment Highlights
- Shovel-Ready 67-unit mixed-use development just 1 mile to the beach
- Featuring 67 apartments and 1,776 SF of retail space situated on 19,575 sf lot (.45 acre)
- Located Just 1 mile from Florida's pristine beaches, offering unmatched appeal for tenants and long-term value for investors
- 55,674 RSF of approved mixed-use development
- 3-story parking garage to accommodate 88 parking spaces
- Exceptional access just steps from US-1, 2 miles to I-95 and 4.7 miles to Florida's Turnpike
Executive Summary
Lee & Associates presents a prime opportunity for development in Pompano Beach, FL, featuring a proposed eight-story mixed-use apartment building that seamlessly blends residential, commercial, and amenity spaces in a rapidly growing Pompano Beach market. The site, spanning approximately 0.45 acres site, will host 67 upscale apartments totaling over 120,270 square feet of new construction. In addition to the 67 apartments, the building features 1,776 square feet of ground-floor retail space with onsite parking composed of a 3-story parking garage accommodating 86 parking spaces. Residents will enjoy premier amenities, including a state-of-the-art fitness center, co-working spaces, and a rooftop pool and lounge for relaxation and stunning views.
Located in vibrant Pompano Beach and only 1 mile from the beach, this development is poised to thrive in one of South Florida’s fastest-growing communities. With nearby access to shopping, dining, and close proximity to major thoroughfares this development opportunity ensures seamless connectivity to the Tri-County.
Located in vibrant Pompano Beach and only 1 mile from the beach, this development is poised to thrive in one of South Florida’s fastest-growing communities. With nearby access to shopping, dining, and close proximity to major thoroughfares this development opportunity ensures seamless connectivity to the Tri-County.
Property Facts
| Price | $3,200,000 | Building Class | A |
| Price Per Unit | $47,761 | Lot Size | 0.46 AC |
| Sale Type | Investment | Construction Status | Proposed |
| No. Units | 67 | Building Size | 120,270 SF |
| Property Type | Multifamily | No. Stories | 8 |
| Property Subtype | Apartment | Parking Ratio | 0.72/1,000 SF |
| Price | $3,200,000 |
| Price Per Unit | $47,761 |
| Sale Type | Investment |
| No. Units | 67 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | A |
| Lot Size | 0.46 AC |
| Construction Status | Proposed |
| Building Size | 120,270 SF |
| No. Stories | 8 |
| Parking Ratio | 0.72/1,000 SF |
Unit Amenities
- Air Conditioning
- Balcony
Site Amenities
- 24 Hour Access
- Fitness Center
- Pool
- Elevator
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Walk Score ®
Walker's Paradise (90)
zoning
| Zoning Code | CBD (Center Business District) |
| CBD (Center Business District) |
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67-Unit Mixed-Use Development | 31 NE 22nd Ave
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