552 Ocean Blvd ,Hotel, Hotel Waterfront for Sale

552 Ocean Blvd for Sale

Price $12,500,000.00

• Lot size 24948
• Year Build 2002
• Waterfront Ocean Front
• Zip 33062
• Style
• Parking Description
• Pool Yes
• Status Pending

Description

Directly on the sand - luxury condominium or hotel development site. 101 feet of ocean frontage. One of the few remaining oceanfront sites. Superiorly located, several blocks north of Pompano Beach Pier ? restaurants, shopping? Land use attorney advised the seller that a buyer should consult with the City regarding a Planned Development. A PD can provide for more units and building height. Current zoning ? RM-20 (20 units or 40 hotel rooms per acre, 35? maximum height). Survey is being updated. Square footage for density purposes appears to be 24,500+/-. Existing 3 apartments are not operating due to a structural issue. Users of date must independently verify.

BLUE WATER BEACH 26-29 B LOTS 3 & 4

Directly on the sand - luxury condominium or hotel development site. 101 feet of ocean frontage. One of the few remaining oceanfront sites. Superiorly located, several blocks north of Pompano Beach Pier ? restaurants, shopping? Land use attorney advised the seller that a buyer should consult with the City regarding a Planned Development. A PD can provide for more units and building height. Current zoning ? RM-20 (20 units or 40 hotel rooms per acre, 35? maximum height). Survey is being updated. Square footage for density purposes appears to be 24,500+/-. Existing 3 apartments are not operating due to a structural issue. Users of date must independently verify.

City:Pompano Beach,Zoning:RM-20,List A O R:A-Miami Association of REALTORS,Latitude:26.2415918,List Price:12500000,Listing Id:A11526044,Longitude:-80.087776,Mls Status:Pending,Year Built:2002,Directions:Atlantic Blvd East, after crossing the Intracoastal Waterway, North on N Ocean Blvd.,Postal Code:33062,Street Name:Ocean Blvd,Coordinates:1:26.2415918,Photos Count:5,Days On Market:1,Lot Size Units:Square Feet,M I A M I R E_ Area:3113,On Market Date:2024-02-01,Parcel Number:484331110030,Property Type:Commercial Sale,Street Number:552,Waterfront Y N:1,Public Remarks:Directly on the sand - luxury condominium or hotel development site. 101 feet of ocean frontage. One of the few remaining oceanfront sites. Superiorly located, several blocks north of Pompano Beach Pier ? restaurants, shopping? Land use attorney advised the seller that a buyer should consult with the City regarding a Planned Development. A PD can provide for more units and building height. Current zoning ? RM-20 (20 units or 40 hotel rooms per acre, 35? maximum height). Survey is being updated. Square footage for density purposes appears to be 24,500+/-. Existing 3 apartments are not operating due to a structural issue. Users of date must independently verify.,County Or Parish:Broward County,List Office Name:Coldwell Banker Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:4607,Property Sub Type:Hotel/Motel,State Or Province:FL,Street Dir Prefix:N,Tax Annual Amount:75570,Unparsed Address:552 N Ocean Blvd, Pompano Beach FL 33062,Listing Agreement:Exclusive Right To Sell,Building Area Total:6911,Building Area Units:Square Feet,Lot Size Square Feet:24948,M I A M I R E_ For Sale Y N:1,Number Of Buildings:1,Original List Price:12500000,Public Survey Range:48,I D X Participation Y N:1,Syndication Remarks:Directly on the sand - luxury condominium or hotel development site. 101 feet of ocean frontage. One of the few remaining oceanfront sites. Superiorly located, several blocks north of Pompano Beach Pier ? restaurants, shopping? Land use attorney advised the seller that a buyer should consult with the City regarding a Planned Development. A PD can provide for more units and building height. Current zoning ? RM-20 (20 units or 40 hotel rooms per acre, 35? maximum height). Survey is being updated. Square footage for density purposes appears to be 24,500+/-. Existing 3 apartments are not operating due to a structural issue. Users of date must independently verify.,Listing Contract Date:2024-02-01,Originating System I D:miamire,Public Survey Section:31,Showing Instructions:Appointment Only,Call Listing Agent,Street Number Numeric:552,Tax Legal Description:BLUE WATER BEACH 26-29 B LOTS 3 & 4,Public Survey Township:48,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:1%,M I A M I R E_ Internet Remarks:Directly on the sand - luxury condominium or hotel development site. 101 feet of ocean frontage. One of the few remaining oceanfront sites.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2024-02-01,Internet Address Display Y N:1,Number Of Units In Community:3,M I A M I R E_ Ok To Advertise List:With Written Broker Approval,Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: 2%, The offer of compensation is made only to participants of the MLS where the listing is filed.,Transaction Broker Compensation Type:%,