Waterfront Development land – Florida
Description
A rare waterfront development land in Pompano Beach, Florida, this fully approved site offers an exceptional opportunity to build 204 luxury residential units with ground-floor retail. The 1.6-acre parcel provides direct access to the Intracoastal Waterway and the Atlantic Ocean, making it a prime location for high-end condominium development.
Property Overview
The development site spans approximately 69,886 SF (1.6 acres) and features 225 feet of direct waterfront frontage. Designed by world-renowned Arquitectonica, the proposed 8-story project, “The Wave on the Atlantic,” includes state-of-the-art architecture, a rooftop pool, and a fully enclosed four-story parking structure. Boat dockage with waterway access enhances the property’s appeal to luxury buyers.
Prime Location
Situated less than two miles from the Atlantic Ocean and the Intracoastal Waterway, the site is part of a booming Pompano Beach corridor with over $2 billion in new development investments. Its waterfront position along Atlantic Blvd ensures high visibility and a coveted address in one of Florida’s fastest-growing luxury markets.
Investment Opportunity
This fully approved development offers tremendous upside potential for investors:
- Approval for 204 luxury residential units with ground-floor retail.
- Potential profit exceeding $100 million with new condo development.
- Over 300% projected ROI for the project.
- Rare direct water frontage with private boat access.
Design & Amenities
The project is designed by Arquitectonica and includes premium amenities:
- Breathtaking rooftop pool with panoramic water views.
- Enclosed four-story parking garage for residents.
- Luxury architectural design catering to high-end buyers.
- Direct access to the Intracoastal Waterway for boating enthusiasts.
Investment Highlights
- Fully Approved Waterfront Project: 204 luxury units with retail.
- Prime Pompano Beach Location: 225 feet of water frontage with ocean and Intracoastal access.
- High ROI Potential: Over 300% projected return with new development.
- Award-Winning Design: Arquitectonica-designed 8-story building.
- Luxury Amenities: Rooftop pool and enclosed parking.
- Booming Market: Part of $2B+ new development area along Atlantic Blvd.
Address
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Address Pompano Beach, FL
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Country United States
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Province/State Florida
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City/Town Pompano Beach
Overview
- Property ID 13973
- Price $22,000,000
- Property Type Business, Multifamily
- Property status For sale
- Size 69,886 SqFt
- Sub Type Commercial
- Lot Size (acres) 1.6
