Embed Size (px)
Citation preview
330 & 336 Sunset Drive · Pompano Beach, FL 33062
Development Opportunity Offered at $2,500,000
Investment Summary
• For Sale: $2,500,000
• Parcel Numbers Zoning
4843-31-12-0100 | RM-45/HR
4843-31-12-0090 | RM-45
• Permitted Development:
• 7 Story
• 19 units Mid Rise Condominium
• Total Lot Size: 18,632 SF (double lot)
• Site plan approval good until June 2023
• Completed plans UPON REQUEST
• Half of Block from the ocean
• Existing multifamily buildings with 7 units
• Gross Income: $120,000 Yr.
• Receive income until you develop!
330 & 336 Sunset Drive 3
64
330 & 336 Sunset Dr with direct ocean views and steps away from the beach,
is located in area that is rapidly being transformed
into a new hot spot in Broward County.
330 & 336 Sunset Drive 4
Recent Market ActivityNorth of Atlantic
4) Sabbia Beach Penthouse marks highest price psf EVER in Pompano Beach. The sale of the penthouse of $5,500,000 comes out to $931 a square foot.July 2016
1) The developer of the new Hilton Hotel in Pompano Beach scores $17 million loan to finish construction of the property, which is part of the redevelopment of the city’s Fishing Village.January 2019
3) New York-based Pan Am Equities just paid $45.15 millionfor the Marriott Pompano Beach Resort & Spa.August 2018
2) Impulsive Group a New York-based hospitality company just paid $21 million for the waterfront Sands Harbor Resort & Marina in Pompano Beach.October 2018
330 & 336 Sunset Drive 5
Recent Market ActivitySouth of Atlantic 3) A joint venture between Alliance
Residential and developer Dev Motwani broke ground on a major mixed-use project at 1333 South Ocean Blvd, Pompano Beach with a $46.7 million construction loan. The developers are building Broadstone Oceanside, a multifamily development on the Intracoastal waterway in Pompano Beach, including 204 apartments and 7 two-story townhomes. August 2017
2) Lionheart Capital is closer to launching its planned oceanfront luxury condominium project located at 1380 South Ocean Boulevard, Pompano Beach, after winning key approvals from the city. The developer is planning to develop two luxury-branded condominium towers compromised of 234 units. This is one of the last major oceanfront development sites in South Florida. The property will feature a private marina, restaurant and spa. July 2018
4. Dev Motwani plans to launch sales for a 27-story condo building at 1350 South Ocean Boulevard. The 1.7-acre development site is approved for a 92-unit project. August 2017
330 & 336 Sunset Drive 6
1) Quebec-based company led by Steve Tsatas is breaking ground on The Harbor Promenade, a project which will accommodate a 10,000 square foot restaurant for Harbor NYC, and a second restaurant plus 7,500 square feet of retail space.
Area Overview
Pompano Beach Fishing Village
In 2010, Pompano Beach began the development of the Pier which encompasses approximately 6-acres and constitutes a major redevelopment initiative in the East CRA District. Current tenants include: Hilton Suites, Alvin's Island, Beach House Restaurant, Burger Fi, Kilwinis, Lucky Fish Bar & Grill, Oceanic Restaurant, Outdoor Bar.
330 & 336 Sunset Drive 7
Recent Developments
Sabbia Beach
Paramount Residences
Pure Residences
Gale Boutique Hotel & Residences
1200 The Ocean
Fordham
Avg. $ SF: 750 Avg. $ SF: $400 Avg. $ SF: $950
Avg. $ SF: $850 Avg. $ SF: $600 Avg. $ SF: $425
330 & 336 Sunset Drive 8
Approved Plan Renderings
Exterior Rear View
Exterior Front View
330 & 336 Sunset Drive 9
Approved Plan Renderings Cont’d
West View
330 & 336 Sunset Drive 10
Penthouse East View
Approved Plan Renderings Cont’d
330 & 336 Sunset Drive 11
Supplements AvailableUpon Request
Thank you.
330 & 336 Sunset Drive 12
330 & 336 Sunset Drive · Pompano Beach, FL 33062
For more information please contact:
Andres Jara786-608-7005
