This exclusive waterfront development site presents a rare opportunity for developers to capitalize on the city’s surging demand for high-end residential and mixed-use properties. With direct access to the Intracoastal Waterway and just minutes from the Atlantic Ocean, this prime location is perfect for luxury condominiums, boutique hotels, or a premier waterfront retail and dining destination. The site offers breathtaking water views, boating access, and proximity to top-tier amenities, including golf courses, fine dining, and upscale shopping.
The subject property also known as the Wave on Atlantic is a fully entitled project for 204 luxury residential units in an eight-story state-of-the-art building. The Wave on Atlantic is the ONLY fully approved waterfront development site in East Pompano Beach, Florida. This rare opportunity allows an investor to build a state-of-the-art building with a breathtaking rooftop pool and a completely enclosed four-story parking garage. Designed by the famous and well respected around the world architectural firm - Arquitectonica. The Pool in the Sky is situated on the rooftop of the eighth floor overlooking the entire city. Units have large, curved balconies, complementing the rooftop wave elements, as the building is designed with a wavelike motion including enhanced lighting to create a stunning visual undulation. Hence the name, the Wave onAtlantic.
Pompano Beach’s pro-development initiatives, including multi-million-dollar infrastructure enhancements and zoning incentives, make this a great opportunity to invest. The city’s booming real estate market, supported by strong population growth and rising property values, ensures a lucrative return on investment for forward-thinking developers.
Asking $22M or best offer. All reasonable offers will be considered. Brokers Protected and offering 3% Commission to Cooperating Brokers!!!
This 204 luxury resident waterfront building is projected to yield around $100 MILLION DOLLAR profit potential and more than 300%+ Return On Investment (ROI). These figures are projected for a condo development.
Seize this once-in-a-lifetime chance to shape the future of Pompano Beach’s waterfront landscape. Contact us today to learn more about this extraordinary development opportunity!