ASSETRAReal World Assets
26.24°N · 80.09°W
GROUND-UP DEVELOPMENT · FL

2748 NE 10th St.

Gallery10 photos
Strategy

Build-to-sell, capital back at exit

Pompano Beach Main Intracoastal land, 0.28 acre / 12,323 sqft with 250ft waterfront and new seawall.

Thesis

Build-and-sell development strategy on a 12,323-sqft (0.28 acre) unimproved land parcel at 2748 NE 10th Street in Pompano Beach, Florida, on the Main Intracoastal Waterway. The public listing identifies the asset as land with approximately 250 feet of prime waterfront, a brand-new seawall, architectural plans included, direct ocean access, expansive water views, and dockage potential for large vessels. The strategy is acquisition of the land, completion or refinement of the plan package, permitting, vertical construction of a custom waterfront estate, and resale into the Pompano Beach Intracoastal new-build comparable set. Hold duration is expected to span plan diligence, permitting, construction, and a marketing window for new waterfront inventory. Asking land basis of 6.5 million dollars reflects the Intracoastal frontage, seawall, plan package, and oversized waterfront position rather than existing residential improvements. Capital deployment covers design and permit coordination, site preparation, hard construction, dock and marine programming as elected, landscape, and carry through listing. Returns are targeted from the spread between all-in delivered cost and new-construction resale, with the frontage, seawall, and direct-ocean-access position supporting the exit thesis.

Specifications
Address
2748 NE 10th St.
City
Pompano Beach, FL
ZIP
33062
Beds
Pending
Baths
Pending
Living sqft
Pending
Lot sqft
12,323
Year built
Pending
Waterfront
Intracoastal
Features
  • 250ft waterfront
  • Brand-new seawall
  • Architectural plans
Project economics

Project economics model using strategy-specific basis, maturity, and downside/upside exit scenarios. Detailed sponsor line items are shown when a full proforma is available.

Total project basis
$6,500,000
Asking
$6,500,000
Capital envelope
$6,500,000
Maturity
36 months
Downside exit
$17,502,00016.7% ROI
Upside exit
$19,549,50030.3% ROI

Source: strategy economics model · figures are forward-looking estimates · not a guarantee of return

ASSETRAReal World Assets

Infrastructure for cross-border real world asset tokenization. Built for issuers, funds, and accredited investors.

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Important disclosures

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