South Florida
Closed
Cypress Creek Estates, 1314 E Atlantic Blvd, Pompano Beach, FL 33060
$4,400,000Price
1.89Acre
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Details
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Status:
Sold - May 15, 2025
Size: 1.89 Acres (7,637 m2)
Price: $2,328,042/Acre ($576/m2)
Type: Land
MLS Number: F10447829
On Site: 385 Days
Updated: 75 Days ago
Page Views: 0
A rare and great opportunity to purchase a 1.887 acres redevelopment parcel with 245' of frontage on east atlantic boulevard and obtain income ( noi $111,000 commencing on 4-1-2025) while planning and waiting on permits. Zoned to eod ( transportation orientation east overlay district) which allows various uses including residential multifamily! The properties consist of 8 parcels with 11 lots , includes a 15,000 sf office building, parking lots, and four single family properties immediately to the south of the office building and parking lot on east atlantic blvd. See broker remarks for the additional parcels. There are tenants in all the properties, and please do not disturb or contact them. Possibility for density bonus options city code 155.3709.e.3
Features
All features
- Current Use: Other
- Approx SqFt Total Area: 82200
- Property SqFt: 82200
- Remarks: A Rare and Great opportunity to purchase a 1.887 Acres redevelopment parcel with 245' of frontage on East Atlantic Boulevard and obtain income ( NOI $111, 000 commencing on 4-1-2025) while planning and waiting on permits. Zoned TO EOD ( Transportation Orientation East Overlay District) which allows various uses including Residential multifamily! The properties consist of 8 parcels with 11 Lots , includes a 15, 000 SF Office Building, parking lots, and four single family properties immediately to the south of the Office building and parking lot on East Atlantic Blvd. See Broker remarks for the additional Parcels. There are tenants in all the properties, and please Do Not Disturb or contact them. Possibility for Density Bonus Options City Code 155.3709.E.3
- Internet Remarks: A Rare and Great opportunity to purchase a 1.887 Acres redevelopment parcel with 245' of frontage on East Atlantic Boulevard and obtain income ( NOI $111, 000 commencing on 4-1-2025) while planning and waiting on permits. Zoned TO EOD ( Transportation Orientation East Overlay District) which allows various uses including Residential multifamily! The properties consist of 8 parcels with 11 Lots , includes a 15, 000 SF Office Building, parking lots, and four single family properties immediately to the south of the Office building and parking lot on East Atlantic Blvd. See Broker remarks for the additional Parcels. There are tenants in all the properties, and please Do Not Disturb or contact them. Possibility for Density Bonus Options City Code 155.3709.E.3
- Waterfront: No info
- Days on Market: 294
- Closing Date: 2025-05-15
- Compass Point: E
- Office Name: Compass Florida LLC
- Area: 82200
- Taxes: 86054
- Tax Year: 2024
- Listing Date: 2024-07-09T19:25:29.000-00:00
- Lot Size Square Feet: 82200
Price History
05/15/2025
Date
Sold
Event
$4.4M
Price
0%
Change Rate
$54 ft2 / $576 m2
Price Per
05/15/2025
Date
Price Reduced
Event
$4.4M
Price
-23.48%
Change Rate
$54 ft2 / $576 m2
Price Per
02/14/2025
Date
Price Reduced
Event
$5.8M
Price
-11.4%
Change Rate
$70 ft2 / $753 m2
Price Per
12/28/2024
Date
Price Reduced
Event
$6.5M
Price
-13.35%
Change Rate
$79 ft2 / $850 m2
Price Per
11/06/2024
Date
Price Reduced
Event
$7.5M
Price
-6.38%
Change Rate
$91 ft2 / $981 m2
Price Per
07/09/2024
Date
Listed
Event
$8M
Price
$97 ft2 / $1,048 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Jack Prenner • Compass Florida LLC • Buyer Agency Compensation .
Instant Comps
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