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Oceanfront Development Opportunity in Pompano

213 S Ocean Blvd, Pompano Beach, FL 33062

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For Sale

$4,500,000

Prime 0.52-acre site near the Atlantic Ocean.

Type:Commercial

Property size:

22,523 SF

Lot size:

0.52 Acres

Price / SF:

$199/SF

HighLights

Prime 0.52‑acre site on Ocean Blvd (A1A) in Pompano Beach, steps from the Atlantic Ocean
Zoned RM‑20 allowing for residential, hotel, or mixed‑use development (subject to city approval)
Located within the Atlantic Blvd Overlay District in a rapidly growing beach corridor
Currently improved with a 17‑unit boutique hotel providing income in place
Rare coastal infill site surrounded by mid‑rise and luxury development
Very Walkable location (walkScore: 78)

We can help!

Listing Contact

Maytal Brosh

Learn more

For Sale

$4,500,000

Prime 0.52-acre site near the Atlantic Ocean.

Type:Commercial

Property size:

22,523 SF

Lot size:

0.52 Acres

Price / SF:

$199/SF

Added:: Apr 24, 2026
Days on Market:: 51
Last Refresh:: Apr 24 at 3:42 pm

Property Features for 213 S Ocean Blvd

General Information

Standard status: Active
Size: 22,523 SF
Lot size: 0.52 Acres
Property subtype: Commercial

Building Details

Year Built: 1971

We can help!

Listing Contact

Maytal Brosh

Listing agent Maytal Brosh License #3267851

Listing office Beachfront Realty, Inc

Listing date Apr 24, 2026

Source Elliman

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 Beachfront Realty, Inc

HighLights

Prime 0.52‑acre site on Ocean Blvd (A1A) in Pompano Beach, steps from the Atlantic Ocean
Zoned RM‑20 allowing for residential, hotel, or mixed‑use development (subject to city approval)
Located within the Atlantic Blvd Overlay District in a rapidly growing beach corridor
Currently improved with a 17‑unit boutique hotel providing income in place
Rare coastal infill site surrounded by mid‑rise and luxury development
Very Walkable location (walkScore: 78)

Overview

Located steps from the Atlantic Ocean on Ocean Blvd (A1A) in Pompano Beach, this property presents a development opportunity. The 22,523 square foot (0.52-acre) site is zoned RM-20 and is located within the Atlantic Blvd Overlay District. Currently, the property is improved with a 17-unit boutique hotel, providing existing income. The zoning allows for residential, hotel, or mixed-use development, subject to city approval. Buyers are responsible for verifying all zoning, density, and use regulations. This coastal infill site is surrounded by mid-rise and luxury developments in a rapidly growing beach corridor. The location has a walk score of 78, indicating it is very walkable, a bike score of 56, indicating it is bikeable, and a transit score of 34, indicating some transit options are available.

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$540.6k	$24.00
− Vacancy	−$43.2k	−$1.92
EGI	$497.3k	$22.08
− OpEx	−$186.5k	−$8.28
NOI	$310.8k	$13.80

22,523 SF · lease $24.00/SF/yr · vacancy 8.00% · expense 37.50%

Alternative Uses

Best Use

Mixed Use

$4.44M

$3.89M – $5.18M (±1% cap)

NOI $310,817 @ 7.0% cap · market cap 6.91%

Second Best

Hotel Hospitality

$2.46M

$2.15M – $2.87M (±1% cap)

NOI $172,352 @ 7.0% cap · market cap 3.83%

Theoretical Best

Office A

$8.78M

$7.69M – $10.25M (±1% cap)

NOI $614,878 @ 7.0% cap · market cap 13.66%

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

Location Intelligence

Current Use by Public Records

Sea Cove Resort ... Hotel & Motel

Suggested Use

Location Insight

Map
Local Demand

City: Pompano Beach
County: Broward
State: Florida
Longitude: -80.0913557
Latitude: 26.2298571

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For sale
Hotels
FL
Pompano Beach
33062
213 S Ocean Blvd

What type of property is this?

Hotel - Prime 0.52-acre site near the Atlantic Ocean.

Where is this hotel located?

The property is located at 213 S Ocean Blvd Pompano Beach, FL.

What is the asking price?

The asking price for this property is $4,500,000.

What are key features of this property?

This property features: Prime 0.52‑acre site on Ocean Blvd (A1A) in Pompano Beach, steps from the Atlantic Ocean; Zoned RM‑20 allowing for residential, hotel, or mixed‑use development (subject to city approval); Located within the Atlantic Blvd Overlay District in a rapidly growing beach corridor