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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.

A12046570 MLS ⋅ 33062 Zip Code

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.

213 S Ocean Blvd, Pompano Beach

Asking price reduced - Owner wants to negotiate and sale! 7 apartments of the 11 total are available for purchase in this beautiful 4 story condominium located directly on the sand. The 7 (full kitchens and fully furnished) were purchased as a family retreat 16 years ago. You must come and experience the tranquility of the property to appreciate what it has to offer – Spectacular views, heated pool, private beach area, convenient parking, elevator, 2 laundry rooms… Per the recently completed Structural Integrity Reserve Study the property is well maintained plus it has a new roof, pool heater / pump and standpipe fire system. The condo association monthly fee is only $650 per apartment, and there is $20,000 in the reserve fund. The other 4 owners are out of state and seldom use their apartment. Per the Association’s condo attorney, owning 51% of the apartments provides the opportunity to replace board members and thereby have partial control of the Association. And when an owner decides to sell, you have the first right of refusal to purchase their apartment. In addition to being a family retreat, the apartments have tremendous potential to be positioned as an upscale boutique hotel. The asking price per apartment for this direct oceanfront gem is less than many dry lot properties located on the west side of A1A! Ok to drive by but listing agent must schedule and accompany site visits.

A11937788 MLS ⋅ 33062 Zip Code ⋅ Atlantic Terrace BLDG.

Asking price reduced - Owner wants to negotiate and sale! 7 apartments of the 11 total are available for purchase in this beautiful 4 story condominium located directly on the sand. The 7 (full kitchens and fully furnished) were purchased as a family retreat 16 years ago. You must come and experience the tranquility of the property to appreciate what it has to offer – Spectacular views, heated pool, private beach area, convenient parking, elevator, 2 laundry rooms… Per the recently completed Structural Integrity Reserve Study the property is well maintained plus it has a new roof, pool heater / pump and standpipe fire system. The condo association monthly fee is only $650 per apartment, and there is $20,000 in the reserve fund. The other 4 owners are out of state and seldom use their apartment. Per the Association’s condo attorney, owning 51% of the apartments provides the opportunity to replace board members and thereby have partial control of the Association. And when an owner decides to sell, you have the first right of refusal to purchase their apartment. In addition to being a family retreat, the apartments have tremendous potential to be positioned as an upscale boutique hotel. The asking price per apartment for this direct oceanfront gem is less than many dry lot properties located on the west side of A1A! Ok to drive by but listing agent must schedule and accompany site visits.

3401 Ne 10th St Unit #1,3,7,8,9,11,12, Pompano Beach