1314 E Atlantic Blvd Pompano Beach, FL 33060
Snug Harbor NeighborhoodEstimated payment $39,203/month
Highlights
- 1.89 Acre Lot
- McNab Elementary School Rated A-
- Paved or Partially Paved Lot
About This Lot
A Rare and Great opportunity to purchase a 1.887 Acres redevelopment parcel with 245' of frontage on East Atlantic Boulevard and obtain income ( NOI $111,000 commencing on 4-1-2025) while planning and waiting on permits. Zoned TO EOD ( Transportation Orientation East Overlay District) which allows various uses including Residential multifamily! The properties consist of 8 parcels with 11 Lots , includes a 15,000 SF Office Building, parking lots, and four single family properties immediately to the south of the Office building and parking lot on East Atlantic Blvd. See Broker remarks for the additional Parcels. There are tenants in all the properties, and please Do Not Disturb or contact them. Possibility for Density Bonus Options City Code 155.3709.E.3
Property Details
Property Type
- Land
Est. Annual Taxes
- $86,054
Year Built
- 1970
Lot Details
- 1.89 Acre Lot
- Lot Dimensions are 245x240
- Property fronts a state road
- Paved or Partially Paved Lot
- Irregular Lot
- 9 Lots in the community
- Property is zoned TO EOD
Additional Features
- City Lot
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 494201050190
Community Details
Overview
- Cypress Creek Estates Sec Subdivision
Building Details
- Insurance Expense $59,816
- Gross Income $420,225
- Net Operating Income $111,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $52,144 | $2,126,090 | $432,000 | $1,694,090 |
| 2024 | $48,784 | $2,126,090 | $432,000 | $1,694,090 |
| 2023 | $48,784 | $1,919,800 | $0 | $0 |
| 2022 | $41,721 | $1,745,280 | $230,400 | $1,514,880 |
| 2021 | $39,405 | $1,660,950 | $230,400 | $1,430,550 |
| 2020 | $38,833 | $1,660,950 | $230,400 | $1,430,550 |
| 2019 | $38,447 | $1,629,330 | $230,400 | $1,398,930 |
| 2018 | $35,095 | $1,500,130 | $230,400 | $1,269,730 |
| 2017 | $31,578 | $1,402,750 | $0 | $0 |
| 2016 | $30,624 | $1,345,370 | $0 | $0 |
| 2015 | $28,776 | $1,223,070 | $0 | $0 |
| 2014 | $27,651 | $1,143,060 | $0 | $0 |
| 2013 | -- | $1,168,120 | $230,400 | $937,720 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/15/2025 02/15/25 | Price Changed | $5,750,000 | -11.4% | -- |
| 12/28/2024 12/28/24 | Price Changed | $6,490,000 | -13.4% | -- |
| 11/07/2024 11/07/24 | Price Changed | $7,490,000 | -6.4% | -- |
| 07/09/2024 07/09/24 | For Sale | $8,000,000 | -- | -- |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $2,000,000 | -- | |
| Warranty Deed | $10,000 | -- |
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: F10447829
APN: 49-42-01-05-0200
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