LIVE LOCAL POSSIBLE! Welcome to an exceptional development opportunity in the heart of Pompano Beach, boasting a sprawling 269,000 square feet of prime real estate. Comprising 29 properties, this covered land play presents a unique investment proposition. The diverse portfolio includes office buildings, retail properties, single-family homes, multifamily properties, and vacant lots. With a mix of B-3 and RM-12 zoning, the potential for development is vast, offering versatility for a range of projects. Moreover, the B-3 zoning section allows for Live Local usage, meaning a developer can potentially reach a density of 90 du/acre. As of right, you can build 190 units, providing an immediate framework for development plans. PLEASE VIEW ATTACHED OM FOR MORE INFORMATION
530 NW 36th Ave, Pompano Beach, FL, 33069
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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