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614 E Atlantic Blvd, Pompano Beach, FL 33060

$3,450,000

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List Price: $3,450,000
MLS#: A12078576
Status: ACTIVE
Type: Commercial

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Property Description

East Atlantic Blvd: Prime high-traffic location featuring an approximately 32,000 SF lot. Plans were recently submitted to the city for a new mixed-use development project. The proposed two-story structure consists of 18 residential units on the second floor (12 one-bedroom and 6 two-bedroom units) and approximately 5,000 SF of commercial space on the first floor, totaling 14,47Net rentable area. The owner may consider a joint venture with qualified developers. Upon completion, the project has a projected annual gross income between $700,000 and $800,000.

(954) 702-2757

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Additional Information

Days on Market: 82
Tax Amount: $22,832
Parcel Number: 494201540010
Lot Size: 32,006
Address: 614 E Atlantic Blvd, Pompano Beach
Section: 1