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26305643
26305644

1600 Federal Hwy, Pompano Beach, FL 33062

NP
FL 3453486
Vera Realty LLC
Listed by Vera Realty LLC
$9,999,999
302 days on market
Updated 11 days ago

Pompano Beach SitePlan Approved 132 Unit Multifamily

Details
Property Type Land
Sub Type Residential
Lot Size (SqFt) 1

132 Unit to Develop in Pompano Beach

Marketing description

The Project consists of a fully site plan approved land parcel with

schematic design to build a 132-unit 11-storey multifamily ground-up

development project.

Investment highlights

Gross project level returns when built are planned to be on the following

level: IRR – 22.6% on a 5-year hold, $28.8mm of profit and 2.23x MOIC. This

forecast includes selling the Project in Year 5

Listing Contacts

NP
FL 3453486
Vera Realty LLC
Listed by Vera Realty LLC

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Additional Information

Name
Nick Polyushkin
License
3453486
Brokerage
Vera Realty
Title
CEO and Founder
Brokerage Address
1895 Tyler Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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