Cypress Creek Estates, 1314 E Atlantic Blvd Pompano Beach, FL 33060

6,490,000(-11.4% )
$5,750,000Price
N/ASqFt

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Size: 82,200 ft2 / 7,637 m2
Price: $70 ft2 / $753 m2
MLS Number: F10447829
On Site: 268 Days
Updated: 29 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: 238
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

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 PrennerCompass Florida LLC • Buyer Agency Compensation .

Instant Comparative Market Analysis

$100/ft²
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$600/ft²

Unit 1314 E Atlantic Blvd – Asking

$N/A/ft²

Closed Medium $/ft²

$406/ft²
Community $/Price Range (Closed) $387/ft² – $425/ft²
No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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