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Property profile & analytics
OFF-MARKET
Land

1665 15Th Ave Pompano Beach, FL 33069

1.93 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.93-acre parcel in Pompano Beach, Florida, presents a remarkable opportunity for multifamily development. Fully approved for a 23-unit community, this land boasts a coveted LM (Low-Medium 5-10 DU/AC) zoning designation. Situated on the western side of NW 15th Ave, the property benefits from high traffic counts on nearby major roadways, including Andrew Ave (AADT 18,800), E Copans Rd (AADT 45,000), and Hammondville Rd (AADT 21,500), ensuring excellent visibility and accessibility. Its strategic location offers convenient access to I-95, a crucial transportation artery in South Florida, connecting residents to the entire region. The area is thriving, with nearby amenities including HCA Florida Northwest Hospital, Chase Stadium, a Home Depot-anchored shopping center, and numerous retailers such as Dunkin’ Donuts, CVS, Walmart, and Wawa. The property's proximity to the beautiful beaches of South Florida adds further appeal. Detailed plans, including surveys, architectural designs, elevations, and landscaping plans, are available. The APN is 484227000501 & 484227000508. This is a rare chance to capitalize on the strong demand for developable land in this desirable area of Pompano Beach. The asking price is $2,495,000.

Property profile
Verified
Property type Land
Lot 1.93 ac (84,071 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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