3350 E ATLANTIC BLVD –15 S. OCEAN BLVDPOMPANO BEACH, FL 33062

EXCLUSIVE OFFERING MEMORANDUM

• Property Address: 3350 E Atlantic Blvd – 15 S Ocean Blvd Pompano Beach FL 33062

• From the corner of E Atlantic Blvd & A1A to SE 1 Ave to the end of Hibiscus Ave.

• Lot Size: Has a total of 2.08 Acres .An entire city block that consists of 7 folio #’s.

• Zoning: AOD/PCD/B3

• Permitted Uses: Hotel/Tower Condo/Banquet Facility Restaurant/Retail Mixed Use Project

• Frontage: Approx. 300 ’ on Ocean Blvd, 395 ‘ on Atlantic Blvd, 396 on SE 1 ST 295 ‘ on Hibiscus Av.

• Maximo Building Height: 210’-0’

• Density Allowed: One 19 story hotel of 110 suites with a total of 188 beds and 21 story flex hotel

condominiums and Street Front Retail/Restaurant.

• Asking Price: $21’700.000

PROJECT SUMMARY

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PROPERTY DESCRIPTION

RELATEDISG Commercial is pleased to offer for sale an entire city block that consists of 7 folio #’s from the

corner of E Atlantic Blvd & A1A to SE 1 Ave to the end of Hibiscus Ave at the east end of the Pompano Beach.

The property is a prime location for a Hotel/ Condominium and Retail Mix development. Atlantic Boulevard

Overlay District is this recently approved Site Plan for a proposed Hotel Tower / Residential Condominium

Tower Mixed-use Project to be located on an entire City block 2.08 acres at the south-west corner of Atlantic

Boulevard & State Road A-1-A in Pompano Beach Florida. Prior to Site Plan approval, the Project was

awarded 77 'Reserve' Residential Units, received F.A.A. 'Determination of No Hazard to Air Navigation' for

the proposed tower heights and was rezoned from B-3 to AOD/PCD/B3.

Shown below is the west Hotel Tower with 110 extended stay suites (180 total beds) and an east Residential

Tower with 77 two bedroom Condominium units. Both towers are located above an open amenities

landscaped deck with pool, three levels of covered parking and ground level retail. The Project was designed

to incorporate into the structure an existing grade level Walgreens with new pharmacy drive-thru lane and

on-grade parking off of SR A-1-A.

The site currently has an income producing Walgreens & Office building.

One mile from the newly renovated fishing pier.

PROJECT SUMMARY

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VIRTUAL MAP

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PRELIMINARY AREA CALCULATIONS

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SITE VIEW

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Opportunity to develop 2 towers: One 19 story hotel of 110 suites and 21 story flex hotel condominiums. Approved plans by pompano beach city. The site currently has an income producing Walgreens & Office building. Excellent location, One block away from the beach and one mile from the renovated Project Pier.

AREA MAP

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Pompano Beach, FL site for sale | Entire Corner City Block

New Development

Pompano Beach Pier

Pompano Dive Center

Houston’s

Pompano Beach Golf Shop

Pompano Beach Aquatics Center

Pompano Beach Airpark

Pompano Beach Amphitheater

Sabbia Beach Condo Under Construction (2018)

SITE HIGHLIGHTS

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The site is located within the Pompano Beach East Redevelopment Area boundary. A flurry of municipal development and improvements include a creative arts district and cultural center, and the Fishing Village – six oceanfront acres of shops and restaurants with a $16 million state-of-the-art parking garage and a promenade linking the Intracoastal Waterway to the ocean and a newly renovated fishing pier. The redevelopment projects will transform the Pompano Beach creating a world-class destination.

Approved Site Plan for a proposed Hotel Tower / Residential Condominium Tower Mixed-use Project to be located on an entire City block at the south-west corner of Atlantic Boulevard & State Road A-1-A in Pompano Beach Florida.

LIST PRICE $ 21,700,000

INVESTMENT HIGHLIGHTS

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• Several developers are proposing major projects less than 1mile from our site. • Oceanside A 360,989-square-foot mixed-use project has been proposed along the ocean in Pompano

Beach at 20 N. Ocean Blvd.

• The Pier Project Approximately 6-acres . A major redevelopment initiative in the East CRA District, with 48,500 SF commercial development. Construction is expected to occur between 2017 Q2 through 2020 Q4.

• Two restaurants, Oceanic and Pompano Beach House, had signed on to become tenants. The two restaurants will be located directly north of pier. Immediately north of Oceanic will be Pompano Beach House.

• The Pier project redevelopment project will transform the Pompano Beach creating a world-class destination.

• The 68-unit Sabbia Beach condo is already under construction (730 N Ocean Blvd Pompano Beach Fl. • The site has an income producing Walgreens & Office building. One block away from the beach &

surrounded with up scale buildings. The perfect land acquisition for future development.• Easy to get here ; Air - Fly into Fort Lauderdale/Hollywood International Airport, is only 16 miles

north, just off I 95. From Miami International Airport, Pompano Beach is 38 miles north, off I 95. By private plane, fly directly into Pompano Beach Air Park.

POMPANO BEACH, FLORIDANext seaside vacation destination

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Pompano Beach Florida is located just north of Fort Lauderdale, in the heart of Florida's Gold Coast, the City of Pompano Beach is home to some of the warmest and clearest waters with a three-mile stretch of pristine shoreline.

Since 2009, over $10 million has been invested to revitalize and modernize Pompano Beach Boulevard between Atlantic Boulevard and Northeast Fifth Street, with projects and improvements such a creative arts district and cultural center, the Fishing Village – six oceanfront acres of shops and restaurants with a $16 million state-of-the-art parking garage and a promenade linking the Intracoastal Waterway to the ocean and a newly renovated fishing pier.

The Pompano Beach Pier Parking Garage (July 2016)

Is the first public parking garage in the City of Pompano Beach . Located at NE 2nd Street between A1A and Pompano Beach Boulevard. The project will also include the City’s first Tourism Visitor Center on the ground floor, and the development of two new streets – Pier Street and Seabreeze Way. The City’s investment in this project has paved the way for future first class amenities for residents and visitors to enjoy.

ATLANTIC BOULEVARD BRIDGE (Nov 2016)

This project consists of design and construction of enhancements to the bridge façade.Add elements such to the bridge such as land based lighting and artwork. The project will be completed with improvements as a pedestrian esplanade under the bridge connecting restaurants and buildings from the south to the north and constructing a sidewalk that will be known as the “Trailway to the Waterway.”

The recently redesigned and renovated Greg Norman Signature Pines Course will become a golf destination for residents and visitors to the region.

Pompano Beach has some of the most beautiful parks in the County throughout the City.

ARCHITECTURAL DESIGN & CITY COMMENTS

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ARCHITECTURAL DESIGN & CITY COMMENTS

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RENDERINGS

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RENDERINGS

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RENDERINGS

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RENDERINGS

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CONTACT

Angelica QuinteroBroker Associateaquintero@relatedisg.comC 954.275.1228

Ryan JeffreysCommercial Directorryan@relatedisg.comC 516.312.3387

CONFIDENTIALITY DISCLAIMER

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This is a confidential report on the subject property intended for your sole use to determine if

you wish to express further interest in the subject property. The confidential report contains

brief information about the property offered for sale. It is subject to changes that can appear at

any time, and will replace all previously reported information.

This report contains estimates, projections and information about the property, and the

members, directors, executives, managers and employees related to the property or RelatedISG

International Realty do not assume any responsibility for the information contained in this

report, for the accuracy and it’s effects, to notify any changes on the information or this report,

or for any decisions based on the information contained herein.

All data on the property is provided for information purposes. RelatedISG International Realty

encourages the recipients of this report to thoroughly review and independently verify to

recipient own satisfaction that the data provided are substantially representative of the property

and can be realized upon when considering any interest of said property.

Recipient of this report acknowledges that he has been advised to seek the independent counsel

of an attorney and/or an accountant to verify the information on the property and to examine

any and all applicable documentation relevant to the transaction.

The information contained in this report is confidential. The recipient agrees that he will not

disclose any of the contents contained in this report without prior authorization from RelatedISG

International Realty LLC