5
1 of 5
CommercialPending
$12,500,000
552 N Ocean Blvd
Pompano Beach, FL 33062
Courtesy of Coldwell Banker Realty
MLS: MIAMI Association of REALTORS
Est. Mortgage
$64,623/mo
Directly on the sand - luxury condominium or hotel development site. 101 feet of ocean frontage. One of the few remaining oceanfront sites. Superiorly located, several blocks north of Pompano Beach Pier – restaurants, shopping… Land use attorney advised the seller that a buyer should consult with the City regarding a Planned Development. A PD can provide for more units and building height. Current zoning – RM-20 (20 units or 40 hotel rooms per acre, 35’ maximum height). Survey is being updated. Square footage for density purposes appears to be 24,500+/-. Existing 3 apartments are not operating due to a structural issue. Users of date must independently verify.
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