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    6Th Ave Pompano Beach, FL 33060

    For Sale
    $1,250,000

    1.16 Acres, B-2 Zoning, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1.16-acre vacant land parcel in Pompano Beach, Florida, presents a remarkable development opportunity. Located on NW 6th Ave, in Broward County, zip code 33060, this property is zoned B-2 – Community Business. This versatile zoning allows for a range of uses, including low to medium-intensity office, service, and retail establishments catering to nearby residential areas. Permitted uses also encompass neighborhood-serving institutions such as childcare facilities and places of worship. The zoning further accommodates moderate- to high-density multifamily developments, either standalone or integrated with commercial components, and recovery communities. The site offers a density of 30 units per acre without bonus density considerations. The asking price is $1,250,000, translating to a land value of $24 per square foot. This prime location offers excellent potential for investors seeking to capitalize on the thriving Pompano Beach market. The property's size and zoning flexibility make it ideal for a variety of development projects, promising significant returns. Serious inquiries are encouraged.

    Property Features for 0 6Th Ave

    General Information

    Property type
    Land
    Lot Size
    50,530 SF

    HighLights

    • 1.16‑acre vacant land parcel in Pompano Beach, FL (Broward County, 33060).
    • B‑2 Community Business zoning allows for diverse uses including office, retail, and multifamily development (up to 30 units/acre).
    • Asking price: $1,250,000 ($24/SF).
    • Prime location in thriving Pompano Beach market offers excellent investment potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Pompano Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.130686675185
    Latitude
    26.244761543403

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    FAQs

    What type of property is this?
    Land - 1.16 Acres, B-2 Zoning, Prime Location
    Where is this land located?
    The property is located at 6Th Ave Pompano Beach, FL.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: 1.16-acre vacant land parcel in Pompano Beach, FL (Broward County, 33060).; B-2 Community Business zoning allows for diverse uses including office, retail, and multifamily development (up to 30 units/acre).; Asking price: $1,250,000 ($24/SF).
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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
    6Th Ave Pompano Beach, FL 33060
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