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Atlantic Terrace Condominiums 3401 NE 10th St 8 Room Hotel Pompano Beach, FL 33062 $4,714,510 CAD ($589,314 CAD/Room)



Executive Summary
OCEANFRONT PROPERTY ON BEAUTIFUL POMPANO BEACH - Atlantic Terrace is one of the few remaining investment opportunities located directly on the sand. Offering 8 of the units as a bundle. Units are completely furnished & earning income. Property has been a vacation rental business for 16 years - Excellent guest reviews. Owning 8 of the 11 condos provides buyer with control of the association & first right of refusal to purchase the other 3. Call L A for details. Superiorly located - 10 blocks N of Atlantic Blvd & several blocks N of the City's Fishing Village Pier. Restaurants - Pompano Beach House, Oceanic, Lucky Fish Beach Bar & Grill, Baresco Mexican Restaurant and Bar, Cannoli Kitchen, BurgerFi, Kilwins Chocolates/Ice Cream…
Owners want to negotiate and sell!
Owners want to negotiate and sell!
Property Facts
| Price | $4,714,510 CAD | Building Size | 3,233 SF |
| Price Per Room | $589,314 CAD | No. Rooms | 8 |
| Sale Type | Investment | No. Stories | 4 |
| Property Type | Hospitality | Year Built | 1966 |
| Property Subtype | Hotel | Parking Ratio | 2.47/1,000 SF |
| Building Class | B | Corridor | Exterior |
| Lot Size | 0.17 AC | ||
| Zoning | RM-45/HR - Multifamily, Hotel | ||
| Price | $4,714,510 CAD |
| Price Per Room | $589,314 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.17 AC |
| Building Size | 3,233 SF |
| No. Rooms | 8 |
| No. Stories | 4 |
| Year Built | 1966 |
| Parking Ratio | 2.47/1,000 SF |
| Corridor | Exterior |
| Zoning | RM-45/HR - Multifamily, Hotel |
Amenities
- Pool
- High Speed Internet Access
- Patio
- Beach (direct access)
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 8 | $200.99 CAD | - |
1 1
Property Taxes
| Parcel Number | 48-43-29-BA-0010 | Improvements Assessment | $379,656 CAD |
| Land Assessment | $42,181 CAD | Total Assessment | $421,837 CAD |
Property Taxes
Parcel Number
48-43-29-BA-0010
Land Assessment
$42,181 CAD
Improvements Assessment
$379,656 CAD
Total Assessment
$421,837 CAD
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Atlantic Terrace Condominiums | 3401 NE 10th St
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