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Property profile

0 6Th Ave Pompano Beach, FL 33060

OFF-MARKET
Land
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1.16 ac lot

Property summary

AI-generated overview

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 profile

Verified
Property type Land
Lot 1.16 ac (50,530 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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