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31 NE 22nd Ave - 67 Unit Development Site Opportunity 0.45 Acres of Residential Land Offered at $2,250,996 CAD in Pompano Beach, FL 33062
Investment Highlights
- Fully Approved P&Z - Shovel Ready Mixed-Use Development
- 3-story parking garage with 88 parking spaces
- Exceptional access just 1 block to US-1 and 2 miles to I-95
- Approved for 55,674 RSF, 67 apartments & 1,776 sf of retail space, situated on 19,575 sf lot (.45 acre)
- Strong population density with $109,959 avg HHI within 5 min
- Centrally located just 1 mile to the beach and 9 miles to Downtown Ft Lauderdale
Executive Summary
Lee & Associates presents a prime opportunity for development in Pompano Beach, FL, featuring a proposed eight-story mixed-use apartment building that seamlessly blends residential, commercial, and amenity spaces in a rapidly growing Pompano Beach market. The site, spanning approximately 0.45 acres site, will host 67 upscale apartments totaling over 120,270 square feet of new construction. In addition to the 67 apartments, the building features 1,776 square feet of ground-floor retail space with onsite parking composed of a 3-story parking garage accommodating 86 parking spaces. Residents will enjoy premier amenities, including a state-of-the-art fitness center, co-working spaces, and a rooftop pool and lounge for relaxation and stunning views.
Located in vibrant Pompano Beach and only 1 mile from the beach, this development is poised to thrive in one of South Florida’s fastest-growing communities. With nearby access to shopping, dining, and close proximity to major thoroughfares this development opportunity ensures seamless connectivity to the Tri-County.
Located in vibrant Pompano Beach and only 1 mile from the beach, this development is poised to thrive in one of South Florida’s fastest-growing communities. With nearby access to shopping, dining, and close proximity to major thoroughfares this development opportunity ensures seamless connectivity to the Tri-County.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $2,250,996 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.45 AC |
| Property Type | Land | ||
| Zoning | CBD - Center Business District | ||
| Price | $2,250,996 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.45 AC |
| Zoning | CBD - Center Business District |
1 Lot Available
Lot
| Price | $2,250,996 CAD | Lot Size | 0.45 AC |
| Price Per AC | $5,002,213.52 CAD |
| Price | $2,250,996 CAD |
| Price Per AC | $5,002,213.52 CAD |
| Lot Size | 0.45 AC |
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 48-42-36-01-1830 | Improvements Assessment | $0 CAD |
| Land Assessment | $2,426,811 CAD | Total Assessment | $2,426,811 CAD |
Property Taxes
Parcel Number
48-42-36-01-1830
Land Assessment
$2,426,811 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,426,811 CAD
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31 NE 22nd Ave - 67 Unit Development Site Opportunity
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