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$4,500,000
Est. payment /mo
7,469 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 7,469 sqft
Price per Sqft $602
MLS Listing ID A12046570
HOA Y/N No
Year Built 1946
Annual Tax Amount $60,320
Lot Size 0.517 Acres
Property Sub-Type Hotel/Motel
Property Description
Exceptional Ocean Blvd (A1A) investment opportunity just steps from the Atlantic Ocean in the heart of highly desirable Pompano Beach. This 22,523 SF (0.52-acre) corner site is zoned RM-20 within the Atlantic Blvd Overlay District and is currently improved with a 17-unit boutique hotel generating in-place income. Flexible zoning allows for residential, hotel, or mixed-use redevelopment (subject to city approval; buyer to verify zoning, density, and permitted uses). Surrounded by new luxury developments, this rare coastal infill property offers outstanding long-term redevelopment potential in one of South Florida's fastest-growing beach markets.
Location
State FL
County Broward
Area 3121
Interior
Heating Window Unit, Wall Furnace
Cooling Wall/Window Unit(s)
Exterior
Roof Type Shingle
Total Parking Spaces 17
Private Pool Yes
Building
Story 2
Sewer Other
Water Public
Level or Stories Two
Structure Type Brick
Others
Tax ID 494306060800
Security Features Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Beachfront Realty Inc
NEARBY SCHOOL & BUSINESS
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