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33540046
33540056

NW 31st Ave, Pompano Beach, FL 33069

JK
FL 3291155
Compass Commercial
Compass Florida, LLC.
Listed by Compass Commercial, Compass Florida, LLC.
$2,200,000
7 days on market
Updated 7 days ago

NW 31st Avenue Assemblage

Details
APN 484233045000, 484233045010
Property Type Multifamily, Mixed Use (+1)
Sub Type Commercial, Apartment Building
Square Footage 62,479
Units 98
Tenancy Vacant
Price per SqFt $35
Class B
Acreage 1.430
Zoning B-3 General Business
Investment Type Redevelopment
Ground Lease No

±1.43-Acre Multifamily Development Site · Live Local Eligible to ~98 Units · QOZ + CRA

Marketing description

The NW 31st Avenue Assemblage is ±1.43 acres of vacant, cleared land just off Atlantic Boulevard — 52,000+ vehicles per day — with direct connectivity to both I-95 and Florida's Turnpike. It sits on the same corridor where Related Group has proposed Cross Creek, a 467-unit, 10-story community two blocks north. Location and access are the headline. B-3 General Business permits multifamily by-right at 46 units/acre (~65 units), and the site is Live Local Act eligible — up to ~98 units by administrative approval, no rezoning or special exception. Retail, office, medical, and hospitality programs remain available across ±820 LF of frontage on three streets. The site sits inside a Qualified Opportunity Zone and the Northwest CRA, stacking federal capital-gains treatment and local redevelopment positioning onto a corridor already absorbing new rental product. Vacant, cleared, ready to entitle.

Investment highlights

  • ±1.43 acres of vacant, cleared land just off Atlantic Boulevard — 52,000+ vehicles per day
  • Direct connectivity to both I-95 and Florida's Turnpike
  • B-3 General Business permits multifamily by-right at 46 units/acre (~65 units)
  • Live Local Act eligible — up to ~98 units by administrative approval, no rezoning or special exception
  • Retail, office, medical, and hospitality programs remain available across ±820 LF of frontage on three streets
  • Site sits inside a Qualified Opportunity Zone and the Northwest CRA
  • Stacking federal capital-gains treatment and local redevelopment positioning
  • Corridor already absorbing new rental product
  • Vacant, cleared, ready to entitle
  • 52,000+ vehicles/day on Atlantic Blvd
  • 467 units proposed by Related Group at 1201 NW 31st (Cross Creek)
  • +22.7% 1-mile population growth, 2020–2025
  • 7.8% submarket multifamily vacancy · Q2 2026
  • $2,094 avg submarket asking rent / unit
  • ~820 LF frontage across three streets

Listing Contacts

JK
FL 3291155
Compass Commercial
Compass Florida, LLC.
Listed by Compass Commercial, Compass Florida, LLC.

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Zoning

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B-3 CommercialGeneral CommercialGeneral Business
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Joshua Kaufman
License
3291155
Brokerage
Compass
Title
Director of Commercial Real Estate
Brokerage Address
2550 South Bayshore Drive
Name
Andres Perez-Cervera
License
3254314
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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