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Property profile & analytics
OFF-MARKET
Specialty properties

2250 Dr Martin Luther King Jr Blvd Pompano Beach, FL 33069

Built 1977
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 2250 Dr Martin Luther King Jr Blvd in Pompano Beach, Florida (zip code 33069), presents a unique investment opportunity. Built in 1977, this 3-lot package encompasses a substantial building currently used as a church and restaurant, offering significant flexibility for future development. The asking price is $7,500,000. The property is zoned B3, allowing for a wide array of uses including retail, service, office, recreation, entertainment, visitor accommodation, and institutional uses. The zoning also permits complementary residential uses, such as live-work spaces and upper-story dwellings, as well as moderate-to-high-density multifamily development, either standalone or integrated with commercial components. The property boasts excellent road access and includes a separate folio for an additional parcel located behind the main building. This presents a rare chance to acquire three lots as a single investment package, unlocking substantial potential for redevelopment or expansion. The seller is open to offers and prioritizes buyers who will continue to serve the community in a spiritually guiding capacity. This property offers a compelling blend of existing infrastructure and future development possibilities in a desirable Pompano Beach location.

Property profile
Verified
Property type Specialty properties
Year built 1977
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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