1314 Atlantic Blvd, Pompano Beach, FL 33060
Priced at Only: $6,490,000
Would you like to sell your home before you purchase this one?
- MLS#: F10447829 ( Commercial/Business/Agricultural/Industrial Land )
- Street Address: 1314 Atlantic Blvd
- Viewed: 15
- Price: $6,490,000
- Price sqft: $0
- Waterfront: No
- Year Built: Not Available
- Bldg sqft: 0
- Days On Market: 192
- Acreage: 1.89 acres
- Additional Information
- County: BROWARD
- City: Pompano Beach
- Zipcode: 33060
- Subdivision: Cypress Creek Estates Sec
- Building: Cypress Creek Estates Sec
- Provided by: Compass Florida LLC
- Contact: Jack Prenner
- (305) 851-2820
- DMCA Notice
Description
A Rare and Great opportunity to purchase a 1.887 Acres redevelopment parcel with 245' of frontage on East Atlantic Boulevard and obtain income ( NOI $91,876.) while planning and waiting on permits. Zoned TO EOD ( Transportation Orientation East Overlay District) which allows various uses including Residential multifamily! The properties consist of 8 parcels with 11 Lots , includes a 15,000 SF Office Building, parking lots, and four single family properties immediately to the south of the Office building and parking lot on East Atlantic Blvd. See Broker remarks for the additional Parcels. There are tenants in all the properties, and please Do Not Disturb or contact them. Possibility for Density Bonus Options City Code 155.3709.E.3
Payment Calculator
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- Property Tax $
- Home Insurance $
- HOA Fees $
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Features
Building and Construction
- Surface Description: Paved Road
Property Information
- Styleof Property: Other Style
- Typeof Property: Income/Multi-Family
- Typeof Soil: Other Soil Type
Land Information
- Lot Depth: 240
- Lot Description: 1-2.5 Acres, Irregular Lot
- Lot Frontage: 245
- Lot Sq Footage: 82200
- Subdivision Name: Cypress Creek Estates Sec
- Total Acreage: 1.8870
Eco-Communities
- Environmental Audit: None
- Water Access: None
- Water Description: Municipal Water
- Water View: None
Utilities
- On Site Utilities: Cable Tv, Electric, Sewer, Water
- Sewer Description: Public Sanitation
- Utilities Available: Cable Tv, Electric, Sewer, Trash Removal, Water
Finance and Tax Information
- Dade Assessed Amt Soh Value: 260840
- Dade Market Amt Assessed Amt: 260840
- Insurance Expense: 59816
- Net Operating Income: 91876
- Other Expenses: 176107
- Sourceof Expenses: Tax Return
- Tax Year: 2024
- Total Expenses: 321977
Other Features
- Available Documents: Aerial Photo, Copies Of Lease(S)
- Board Identifier: BeachesMLS
- Comprehensive Plan Use: Other Plan Use
- Fill Description: Fill Unknown
- Folio Num 2 Nd Parcel: 494201050200
- Folio Num 3 Rd Parcel: 494201050270
- Geographic Area: North Broward Us1 To Dixie Hwy (3311-3342)
- Legal Description: CYPRESS CREEK ESTATES SEC A 23-47 B LOT 4, 5 BLK 2
- Location: City Location, Near Airport, Urban Area Development
- Miscellaneous Information: Clearing Required, Sidewalk, Street Lights, Automobile Traffic, Heavy Traffic, Pedestrian Traffic
- Parcel Number Mlx: 0190
- Parcel Number: 494201050190
- Possession Information: At Closing
- Postal Code + 4: 6794
- Usage: Other Usage
- Views: 15
- Zoning Information: TO EOD
Contact Info
- John DeSalvio, REALTOR ®
- Office: 954.470.0212
- Mobile: 954.470.0212
- jdrealestatefl@gmail.com
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