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3100 W Atlantic Blvd - Hotel Site / Opportunity Zone/3.1 Acres
3.13 Acres of Commercial Land Offered at £3,912,250 in Pompano Beach, FL 33069
Investment Highlights
- Hotel Site - Zoned and Platted for two Hotels - 165 Key Hotel and 100 Key Hotel
- Over 45,000 Average Daily Traffic Count
- Centrally Located to FL Turnpike and I-95
- New Signalized Entrance Proposed at Intersection at Atlantic Blvd and NW 31st Ave
- Less than 1 mile from Live Resorts Pompano / Harrah's Pompano Beach Casino
- Adjacent to Brand New Indoor Tennis & Pickleball club and 1 mile from new TopGolf facility
Executive Summary
2. Strategic Location: The property's central location between Florida Turnpike and I-95 is likely to enhance accessibility, making it convenient for residents, businesses, and visitors.
3. Live! Resorts Pompano / Harrah’s Pompano Beach: The partnership between Cordish Companies and Caesars Entertainment for a massive mixed-use project is a major highlight. This project, encompassing entertainment, dining, hotel, residential, and office spaces, suggests a robust and diverse development in the vicinity.
4. Top Golf Facility: The presence of a Top Golf facility less than a mile away is another positive factor. Top Golf is a popular entertainment destination, and its proximity could contribute to the overall appeal of the area.
5. Publix Development: The planned construction of a new 55,000 SF Publix less than a mile away at the Live! Resorts Pompano project is a strong indicator of commercial development in the area. The addition of a well-known grocery chain could attract more residents and enhance the local amenities.
6. Opportunity Zone Status: The property's location in a certified Opportunity Zone (12011030600) is a significant tax advantage for potential investors. Investing in Opportunity Zones can provide tax benefits, potentially making the investment more attractive.
7. Great for developer to develop multi-family home 45 units per acer
Property Facts
| Price | £3,912,250 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 3.13 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | £3,912,250 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 3.13 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | £3,912,250 | Lot Size | 3.13 AC |
| Price Per AC | £1,249,920 |
| Price | £3,912,250 |
| Price Per AC | £1,249,920 |
| Lot Size | 3.13 AC |
3.13 acres located in Pompano Beach, FL Opportunity Zone 12011030600. Zoned and platted for two hotels. 165 Key and 100 Key. Preliminary site plan available to review. Proposed signalized entrance at Atlantic Blvd and NW 31st Ave
Description
Property zoned and platted for two hotels. 165 Key and 100 Key hotel. Planned new Signalized entrance at Atlantic Blvd and NW 31st Ave. Adjacent to Broward County's first indoor Pickle Ball and Tennis facility. Less than 1 mile from Live! Pompano Beach / Harrah's Pompano Beach. Cordish Companies and Caesars Entertainment 233-acre mixed use project that will include Casino, Entertainment, Dining, Hotel, residential and offices. Including new Top Golf facility with 102 climate-controlled hitting bays, full-service restaurant and bar with entertainment space and roof top terrace lounge. Brand new Publix to be built less than 1 mile from site.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £0 | |
| Land Assessment | £1,933,178 | Total Assessment | £3,122,368 |
PROPERTY TAXES
zoning
| Zoning Code | B-3 and CR (Zoned and platted for two hotels: 165 Key and 100 Key. Zoning also allows, retail, restaurants & multifamily.) |
| B-3 and CR (Zoned and platted for two hotels: 165 Key and 100 Key. Zoning also allows, retail, restaurants & multifamily.) |
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Reese Stigliano -
Stigliano Commercial Real Estate
Presented by
3100 W Atlantic Blvd - Hotel Site / Opportunity Zone/3.1 Acres
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