Current Use by Public Records
- Specialty properties
Property Details for 1601 Martin Luther King Blvd
- Property type
- Specialty properties
Description
This exceptional commercial property, located at 1601 Martin Luther King Blvd in Pompano Beach, Florida (zip code 33069), presents a unique investment opportunity. Priced aggressively at $419,000, this corner lot is zoned B-4, allowing for a wide variety of business uses. The property's versatility is a key advantage, suitable for diverse ventures including, but not limited to, church buildings, office spaces, restaurants, warehouses, or auto repair shops. Extensive due diligence has already been completed, saving the buyer significant time and expense. This includes a completed soil test, survey, and landscaping plan. Furthermore, a crime report is available, and a site plan for a church building has already been submitted to the city, although the previous owner opted for a larger location. The city of Pompano Beach is actively encouraging development, making this a rare opportunity in a rapidly developing area with limited available properties. The property's location offers convenient access to the administrative building. Serious inquiries only; proof of funds and a 25% down payment are required for consideration.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pompano Beach
- County
- Broward
- State
- Florida
- Longitude
- -80.1448
- Latitude
- 26.2394
