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    1665 NW 15Th Ave Pompano Beach, FL 33069

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    For Sale
    $2,254,000

    Fully approved 23-unit multifamily development site in Pompano Beach, Florida.

    Property size:
    1 SF
    Lot size:
    1.93 Acres

    Property Features for 1665 NW 15Th Ave

    General Information

    Size
    1 SF
    Lot size
    1.93 Acres

    Source: Reid Armor Agent Reid Armor

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Approved Multifamily Development Site

    This 1.93-acre property presents a development opportunity in Pompano Beach, Florida. The site is fully approved for a 23-unit multifamily project, with secured entitlements including Final Plat recording, Final Site Plan Approval, Final Sewer and Water Approvals, and a Broward County Stormwater Management License. The property's RM-12 (Multiple-Family Residential 12) Future Land Use designation allows for up to 12 dwelling units per acre. The zoning is LM (Low-Medium 5-10 DU/AC). The site has frontage of approximately 568 feet on S Andrews Ave and approximately 160 feet on NW 15th Ct. The property is situated on the western side of Andrew Ave, south of E Copans Rd and north of Hammondville Rd. It is located near HCA Florida Northwest Hospital, Chase Stadium, and a Home Depot-anchored shopping center, as well as retailers such as Dunkin' Donuts, CVS, Walmart, and Wawa gas station. The location provides convenient access to I-95 and the beaches of South Florida. The average annual daily traffic count is 18,800 on Andrew Ave, 45,000 on E Copans Rd, and 21,500 on Hammondville Rd.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Building Supply Auto Repair Shop Wholesale Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pompano Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.1437632
    Latitude
    26.2488448

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    FAQs

    What type of property is this?
    Residential land & home lot - Fully approved 23-unit multifamily development site in Pompano Beach, Florida.
    Where is this residential land & home lot located?
    The property is located at 1665 NW 15Th Ave Pompano Beach, FL.
    What is the asking price?
    The asking price for this property is $2,254,000.
    What are key features of this property?
    This property features: - Fully approved 23-unit multifamily development site in Pompano Beach.; - All entitlements secured, including Final Plat recording, Final Site Plan Approval, Final Sewer and Water Approvals, and Broward County Stormwater Management License.; - RM-12 Future Land Use allows for up to 12 dwelling units per acre, accommodating 23 units on the site.
    (772) 631-4248
    Request Owner's contact information
    1665 NW 15Th Ave Pompano Beach, FL 33069
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1665 NW 15Th Ave Pompano Beach, FL 33069
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