Commercial property in Pompano Beach, Florida № 2000586

Property description

Prime 1.54-acre US-1 redevelopment site in Pompano Beach featuring 26,808 SF of income-producing retail/office on two B-3 zoned parcels. Located on a state road and eligible for Florida’s Live Local Act, allowing unlimited residential density, increased FAR, reduced parking, and high-rise height (up to ~30 stories). Currently generating $571,884 annually with flexible month-to-month leases for redevelopment carry. Supports 250–550+ multifamily units by right. Offered at $9.5M — well below market land and building comps. Rare cash-flowing Live-Local high-rise opportunity.