1350 NW 31st Avenue, Pompano Beach, FL for sale

Investment Overview

Introducing a prime multifamily/commercial opportunity in Pompano Beach, FL, with site plan approval for a 369 multifamily unit development. This expansive property, zoned B-3 and B-4, features an impressive 848+/- feet of frontage on NW 31st Avenue, with canal frontage to the East and South. Boasting proximity to major transport arteries such as the Florida Turnpike and I-95, this site is perfectly positioned for maximum accessibility. Situated in an Opportunity Zone (ID 1201103060) and surrounded by a robust 3-mile population of 115,000+ and 5-mile population of over 350,000 (2020 census), it offers immense potential for a range of ventures. With nearby retail establishments and a wealth of amenities, this property is a standout opportunity for discerning developers and investors.

Investment Highlights

• - The site features an incredible 848+/- feet of frontage on NW 31st Avenue, to the West, canal front to the East and South and is located very close to the Florida Turnpike, Atlantic Blvd, and is very accessible to I-95.
• - Located in Opportunity Zone (ID 1201103060)
• - Extremely dense demographics with a 3 mile population of 115,000+ and a 5 mile population of over 350,000 (2020 census).
• - Surrounding retail including several banks, restaurants, fast food chains and auto stores nearby.