Waterfront
Address
552 N Ocean Blvd, Pompano Beach, FL
Price
$ 12,500,000
Property Attributes
  • MLS#A11526044
  • TypePending
  • CountyBROWARD
  • CityPompano Beach
  • Area3113
  • Zip33062
  • StyleHotelMotel
  • Year Built2002
  • Taxes$ 75570
  • Price$ 12,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6911
  • Lot Size0.572727 Acres
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description

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.

Price History
2/2/2024 Listed $12,500,000

General Features

Sewer PublicSewer
Year Built 2002
Property SubType HotelMotel
Waterfront Features OceanFront
County Broward County
New Construction No
Property Type CommercialSale
HOA / Comm Assn No
Attached Garage No
Contingency Other
Garage Y/N No
Status Pending
Directions Atlantic Blvd East,after crossing the Intracoastal Waterway,North on N Ocean Blvd.
City Pompano Beach
Buyer Agent Compensation 2%
View Y/N No
Senior Community Y/N No
Zoning Description RM-20
Total Units 3
MLS Area 3113
Lot Size Square Feet 24948.0
Private Pool No
Waterfront Y/N Yes
Carport Y/N No
Street Name Ocean Blvd
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 75570.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11526044
Days on Market 96
Structure Type HotelMotel
Standard Status Pending
Occupancy Description Vacant
MobileHomeRemainsYN No
PostalCity Pompano Beach
Legal Description BLUE WATER BEACH 26-29 B LOTS 3 & 4

Interior Features

Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Electric On Property Y/N No

Exterior Features

Water Source Public
Lot Size Area 24948.0
Number of Buildings 1
Spa No
Building Area Total 6911.0
Lot Size Units SquareFeet
Covered Spaces 0.0
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 33062

Price
AVG $810K
$12.5M
Taxes
AVG $9,081
$75,570
Visits
AVG 226
96
Data Provided by Inside Real Estate®
Year Built
AVG 1979
2002

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