Available For Sale | 451 NW 31st Ave

451 Northwest 31st Avenue, Pompano Beach, FL

$4,999,000

Price

66,906 sqft

Lot Area

B-4 MIXED USE, HEAVY COMMERCIAL/RESIDENTIAL

Zoning

Overview
Lot Area
66,906 sqft
Zoning
B-4 MIXED USE, HEAVY COMMERCIAL/RESIDENTIAL
Description

Opportunity Zone- Tax Advantages. High Traffic And Centrally Located By Turnpike, I-95 Only 3 Blocks From North Atlantic Beach Boulevard. Able To Build Up To 105 Feet High/ 10 Stories Or 70 Feet Without Having To Increase Height Of Cellular Tower On Property Not Included In Sale. Neighbor To South Owned By Reputable Developers Interested In Doing A Joint Venture Combining This Subject Property Of 3.17 Acres With Their 3.5 Acres. 46 Units Permitted Per Acre Up To 275 Units With Both Parcels But Would Have To Be Rezoned To Residential. 3.1 ACRES PLATTED ZONED B-4 MIXED USE AND RESIDENTIAL ALLOWED (this is not mentioned anyway but instead it says heavy industrial and that is not accurate. Plus brokers have been contacting me about 5 acres and that is also inaccurate.

OPPORTUNITY ZONE AND TAX ADVANTAGE

Property Type: Commercial/Business/Agricultural/Industrial Land
Type of Property: Commercial
Area: 3428
Zoning Information: B-4
County: Broward County
Total Acreage: 3.1700
Lot Sq Footage: 66,906
Approximate Lot Size: 200 X 254 X 588
Parcel Number: 0010
Folio Number: 484233230010
Legal Description: GIBSON'S PLAT 99-45 B PARCEL G LESS NLY 170.38 OF NE POR OF PAR G,AND LESS COMM SW COR PAR G, N 127.50,E 333.55 TO POB, N 84.77, E 255.73,S

Property Information:
Lot Frontage: 200
Lot Depth: 588
Jurisdiction: City
Comprehensive Plan Use: Intensive Development, Other Plan Use, Suburban
Lot Description: 2.5-5 Acres
Usage: Unimproved Business/Commercial, Unimproved Hotel/Motel, Income (Recreational)
Location: City Location, Corner Location
Road Description: City/County Maintained, Public Road, State Road

Additional Information:
Waterfront Property (Y/N) No
Utilities Available: Electric, Sewer, Trash Removal, Underground Utilities, Water
On-Site Utilities: Sewer
Water Description: Municipal Water
Sewer Description: Public Sanitation

Financial Information:
Tax Amount: $9,855
Tax Year: 2021
Terms Considered: Cash, Installment, Joint Venture, Owner Financing


Location
Gallery