700 SE 28th Ave.

Build-to-sell, capital back at exit

Pompano Beach Intracoastal lot, 11,250 sqft with 75ft of frontage and a new seawall.

Build-and-sell development strategy on an 11,250-sqft (75 by 152) vacant Intracoastal parcel at 700 SE 28th Avenue in Pompano Beach, Florida. The site carries 75 feet of water frontage on the Intracoastal Waterway and benefits from a recently installed seawall, which shortens the critical path on marine capital and permitting relative to parcels requiring seawall replacement before construction. The strategy is vertical construction of a new single-family residence sized to the lot and oriented to the Intracoastal exposure, with disposition on completion. Pompano Beach Intracoastal inventory has shown absorption at levels that reward deep-water access, dockage potential, and proximity to the Hillsboro Inlet's ocean access. Hold duration is expected to span design, permitting, hard construction, and a marketing window typical for new waterfront inventory in the submarket. Asking land basis of 2.5 million dollars reflects the frontage length, seawall condition, and lot dimensions. Capital deployment covers architectural design, permitting, site work, hard construction, finish specification consistent with the local comparable set, dock and marine improvements as elected, and carry through listing. Returns are targeted from the spread between all-in delivered cost and new-construction resale into a buyer pool focused on Intracoastal orientation and newly permitted marine infrastructure.

Address

700 SE 28th Ave.

City

Pompano Beach, FL

ZIP

33062

Beds

—

Baths

—

Living sqft

—

Lot sqft

11,250

Year built

—

Waterfront

INTRACOASTAL

Real cost waterfall from sponsor proforma — 24-month build cycle, ground-up basis. Lines below are project cash expenses through completion and disposition, including property tax during the hold period.

Source: sponsor proforma · figures are forward-looking estimates · not a guarantee of return