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$4,650,000

3208 Canal Drive
Pompano Beach, FL 33062

For Sale|Land|Active
Subdivision:
WAHOO 2
County:
Broward
Call Now: 561-306-4597
Is this the home for you? We can help make it yours.
561-306-4597
3208 Canal Drive3208 Canal Drive3208 Canal Drive3208 Canal Drive
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Located in the middle of one of North Broward's hottest beach area markets, the existing property has 8 rental units and two docks. The owner is in the process of obtaining a variance free site plan approval from the town to build a 12 efficiency apartment boutique hotel. This is a great opportunity to cash in on the incessant demand for rental units on or near the water. One short block to the Ocean, and just a short drive to major shopping, dining and entertainment facilities located along Federal Highway. Pompano Beach has about 3 1/2 miles of white sand beaches, the Intracoastal Waterway, many canals and a multitude of recreational parks. Sale breakdown:Property purchase -$2,000,000. Build the hotel – $2,650,000. Financing by owner.

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Listing Snapshot
Price
$4,650,000
Days Online
138 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Partial Baths
N/A
Lot Size
0.2699265381083563 Acres
Year Built
N/A
MLS Number
10559397
Property Tax
$20,463
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS
4 months agoPrice changed to $4,650,000
5 months agoListing first seen online
General Features
Lot Description
< 1/4 Acre1/4 to 1/2 Acre
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Exterior Features
View
Intracoastal
Waterfront
Yes
Waterfront Details
Interior Canal
Community Features
Boat Services
Dock AvailableUP to 50 Ft Boat
Financing Terms Available
Conventional
Homeowners Assoc
None
Schools
School District
Unknown
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of: Atlantic Realty and Building Company



All listings featuring the RAPB + GFLR logo are provided by the Realtors of the Palm Beaches and Greater Fort Lauderdale, Inc. and BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed.

Copyright 2019 Realtors of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc.
Data Last Updated on Sat Jan 25 2020 00:30:00
Neighborhood & Commute
Source: Walkscore
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