Pompano Beach, FL

3401 NE 10th St, Pompano Beach FL 33062

$4,250,000

Key Details

Status
Active
Property Type
Hotel/Motel
Year Built
1966

Overview

DEVELOPER / HOTELIER / INVESTORS! Prime opportunity to buy land on the sand for a steal!! Included in this sale are 8 of the 11 units in the entire building, which means you have 100% control of the association and voting. You only need to buy out the other 3 units (2 owners), bring your new development vision to life. Pompano Beach is exploding with a development resurgence & this is still the ground floor. Billions are being poured in, including the Ritz Carlton, Waldorf Astoria, Solemar, Salato, Casamar, Ocean Six, Sky beach & more coming. Generate income through rents while you get your plans approved. Contact listing agent for most accurate info. RM-45 allows a height of 105' and requires side yard setbacks of 10'. Since lot width is 50' a developer only has floor plan width of 30'

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