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552 N Ocean Blvd Pompano Beach, FL $ 12,500,000
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$ 12,500,000 Get more info
552 N Ocean Blvd
$ 12,500,000
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552 N Ocean Blvd

Pompano Beach, FL, 33062
$ 12,500,000
Baths0.0 Sq 6,911

Monthly Estimate*

$ 87,316

552 N Ocean Blvd, Pompano Beach, FL 33062 - Image 1
552 N Ocean Blvd, Pompano Beach, FL 33062 - Image 2
552 N Ocean Blvd, Pompano Beach, FL 33062 - Image 3
552 N Ocean Blvd, Pompano Beach, FL 33062 - Image 4
552 N Ocean Blvd, Pompano Beach, FL 33062 - Image 5
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Studio

Commercial Property for sale in Pompano Beach, FL

for $12,500,000. This 6,911 square foot building was built in 2002 on a lot size of 0.572727.

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.

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Commercial Active

Price

$ 12,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 75,570

Style

HotelMotel

Lot Size

0.572727

Year Built

2002

Town/City

Pompano Beach

County/Region

Broward

MLS | Web ID

A11526044
Features
General
Sewer PublicSewer
Year Built 2002
Property SubType HotelMotel
Waterfront Features OceanFront
County Broward County
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
Directions Atlantic Blvd East after crossing the Intracoastal Waterway North on N Ocean Blvd.
City Pompano Beach
Buyer Agent Compensation 2%
View Y/N N
Senior Community Y/N N
Zoning Description RM-20
Total Units 3
MLS Area 3113
Lot Size Square Feet 24948.0
Private Pool N
Waterfront Y/N Y
Carport Y/N N
Street Name Ocean Blvd
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 75570.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11526044
Days on Market 1
Structure Type HotelMotel
Standard Status Active
Occupancy Description Vacant
Legal Description BLUE WATER BEACH 26-29 B LOTS 3 & 4
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Exterior
Water Source Public
Lot Size Area 24948.0
Number of Buildings 1
Spa N
Building Area Total 6911.0
Lot Size Units SquareFeet
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 552
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* Excluded Features
List By
Coldwell Banker Realty

Broker

william.miller@cbcnrt.com

Email

Affordability Calculator

$93,614
Per Month
93%
7%
0%
Monthly Principal & Interest
$87,316
Monthly Property Taxes
$6,298
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/2/2024$12,500,000 Listed Price

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552 N Ocean Blvd, Pompano Beach, FL, 33062 is a Commercial Property for sale at $12,500,000 with 6,911 sqft and a lot size of 0.572727. 552 N Ocean Blvd is a studio with 0.0 baths and was built in 2002. The property's zip code is 33062 which is in Pompano Beach, FL

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