213 S Ocean Blvd, Pompano Beach, FL 33062

$4,500,000

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List Price
$4,500,000
MLS#
A12046570
Lot Size
22,523
Subtype
Hotel/Motel
County
Broward
Community
Not Found
Year Built
1946

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.

Additional Information

Status Label
ACTIVE
Total Unitsin Complex
3
Boat Service
Building & Land, Leases
Construction
Brick
Cooling
Wall/Window Unit(s)
Heating
Wall/Window Units
Lot Description
Beach Access
Parking
Assigned
Roof
Shingle
Security
Smoke Detector(s)
Taxes
$60,320
Total Floors
2
Stories
2
Roofing
Shingle
Boat Services
Building & Land, Leases

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Calculator source: Real Geeks

Listing Courtesy Of Beachfront Realty Inc, Contact: