Commercial Land with Approved Multifamily
For Sale
$12,000,000
Pending
1350 NW 31 Ave, Pompano Beach, FL 33069
Commercial land offering approved multifamily development for 369 units with 848+/- feet of frontage.
Lot Size5.36 Acres
Days on Market44
Property Features for 1350 NW 31 Ave
General Information
Standard status
Pending
Lot size
5.36 Acres
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
369
Listing Agency:
The Keyes Company
(561) 866-9616
Listed By:
Federico Rochwerger PA · License #3014927
(561) 866-9616
Source:
Elliman
Added: Jun 20
Changed: Jul 10
Last Checked: Jul 23 at 8:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Keyes Company
Investment Insights
Based on property information with market context.
The property consists of 5.36 acres of commercial land located at 1350 NW 31 Ave. A site plan has been approved for a multifamily development project totaling 369 units. Plans aligned with the approved entitlement have been partially completed, and the process can be continued to completion by the purchaser, with delivery to include construction drawings.
The site provides 848+/- feet of frontage on NW 31st Ave and is positioned just off the Turnpike. The property is described as very close to Atlantic Blvd and I-95, supporting convenient regional access for future development and buyers.
For developers and investors looking to move forward with a multifamily project, the key value here is the already approved site plan for 369 units and the availability of construction drawings upon delivery. This package is well-suited for parties prepared to take the partially completed plans through to completion as part of an entitled development timeline.
The site provides 848+/- feet of frontage on NW 31st Ave and is positioned just off the Turnpike. The property is described as very close to Atlantic Blvd and I-95, supporting convenient regional access for future development and buyers.
For developers and investors looking to move forward with a multifamily project, the key value here is the already approved site plan for 369 units and the availability of construction drawings upon delivery. This package is well-suited for parties prepared to take the partially completed plans through to completion as part of an entitled development timeline.
Key Highlights
- 5.36‑acre commercial land site with site plan approved for a 369‑unit multifamily development project
- 848+/- ft frontage on NW 31st Ave
- Site plan approval plans have been partially done; can be taken to completion by the purchaser
Property Analytics
Property Profile
Current Use
Lease Details
369
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
849
Businesses Nearby
Explore this area
Business Placement
Demographics for 33069, FL
28,817
Population
16,052
Households
1.8
Avg Household Size
42
Median Age
32%
College-Educated
86%
High-School Grad
9.4 sq mi
ZIP Area
3,066
Density / Sq Mi
$57,462
Median Household Income
$35,725
Median Earnings
$1,685
Median Rent
$253,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land offering approved multifamily development for 369 units with 848+/- feet of frontage.
Where is this commercial land located?
The property is located at 1350 NW 31 Ave Pompano Beach, FL.
What is the asking price?
The asking price for this property is $12,000,000.
What are key features of this property?
This property features: 5.36‑acre commercial land site with site plan approved for a 369‑unit multifamily development project; 848+/- ft frontage on NW 31st Ave; Site plan approval plans have been partially done; can be taken to completion by the purchaser
