3300 Southeast 1st Street, Pompano Beach, FL 33062 - Broward County

Prime Pompano Beach Development Site

Investment Highlights

Large 44,000 SF prime mixed use development site steps to the ocean in Pompano Beach

Adjacent to a recently approved twin tower project to include a hotel and condominiums

Site has been granted a Major Site Plan Application for a 21-story, 240-unit hotel condominium with 4,000 SF of commercial space

Located between SE 1 Street and SE 2 Street just east of Hibiscus Avenue in rapidly redeveloping Beach Area of Pompano Beach East CRA

Close proximity to recent commercial, retail and residential development

Walking distance to new oceanfront restaurants, retail, and Fisher Family Pier

Easy access to major thoroughfares, I-95, and Fort Lauderdale International Airport

Perfect investment opportunity with escalating local rental rates and sales

Offering Details

Fisher Auction Company and RI Marketplace are pleased to present a Prime Pompano Beach Development Site (the "Property"), a 1.012 AC parcel located in the heart of Pompano Beach, Florida. The Property provides new ownership an excellent development opportunity with approvals for a 21-story 240-unit hotel or condominium with 4,000 SF of commercial space. Furthermore, Pompano Beach is home to a host of development efforts that span across multiple projects including Riverside Promenade, Plaza at Oceanside, Atlantic 3350, Ocean Park Beach Residences, Sabbia Beach Condominiums, Solemar Beach Condominiums, 1333 South Ocean Condominiums, and more. The Property is an opportunity for new ownership to acquire a site in a robust market with significant capital investments and excellent growth prospects.

Pompano Beach is located on the southeast coast of Florida, midway between Miami and Palm Beach, (approximately 33 miles to both cities). Minutes from Ft. Lauderdale, Pompano Beach is the third largest of Broward Countys 31 municipalities. Conveniently located close to major shopping and attractions, Pompano Beach is only 12 miles from the Ft. Lauderdale / Hollywood International Airport and Port Everglades. Pompano Beach provides the lifestyle of a quiet seaside community with the benefits of a major metropolitan area. Pompano Beachs economy is based on tourism, light manufacturing, retail, and high technology with 3,000 acres set aside for industrial and commercial development. Located near two international airports, several international seaports, railways and highways, Pompano Beach provides access to the global marketplace. Being part of Broward County gives the city the added advantage of being close to over 2 million people and 50,000 businesses.