200,000 SF Apartment For Sale — $6,000,000 — 1751 NE 31st St, Pompano Beach – #81851

The property is zoned B-3.

Executive Summary
The Thomas Team of Marcus & Millichap is pleased to present Breezy Palms Apartments, a (30)-unit apartment community located in Pompano Beach, Florida.
SUBJECT PROPERTY
Breezy Palms Apartments was constructed in 1964 and comprises (one) two-story concrete block building with a painted stucco exterior and shingle roof. The property offers 16,817 square feet of total building area and sits on a 27,750-square-foot lot (0.64 acres), according to the Broward County Property Appraiser. The unit mix includes (4) studio units averaging 500 square feet, (22) one-bedroom/one-bathroom units averaging 550 square feet, and (4) two-bedroom/one-bathroom units averaging 675 square feet. The property features on-site and in unit laundry facilities, wall air conditioning units, and paved asphalt parking. The property is zoned B-3.
The property includes a mix of unit renovations, providing investors with immediate in-place income and potential upside through continued interior upgrades.

Allowed by right

Dwelling, Live/Work (155.4202.B), Dwelling, Multifamily (155.4202.D), Dwelling, Mixed Use (155.4202.H), Family Community Residence (155.4202.I), Transitional Community Residence (155.4202.J), Assisted Living Facility (155.4203.A), Recovery Community (155.4203.B), Continuing Care Retirement Community (155.4203.C), Newspaper or Magazine Publishing (155.4204.A), Telecommunications Facility, Collocated on an Existing Structure Other than a Telecommunications Tower (155.4204.D), Community Center (155.4205.A), Library (155.4205.B), Museum (155.4205.C), Senior Center (155.4205.D), Youth Center (155.4205.E), Adult Day Care Center (155.4206.A), Child Care Facility (155.4206.B), College or University (155.4207.A), School, Elementary (155.4207.B), School, High (155.4207.C), School, Middle (155.4207.D), Vocational or Trade School (155.4207.E), Specialty Arts School (155.4207.F), Courthouse Facility (155.4208.B), Fire or EMS Station (155.4208.C), Government Administrative Offices (155.4208.E), Police Station (155.4208.G), Post Office (155.4208.H), Medical Office (gross floor area of 5,000 square feet or less) (155.4209.A), Hospital-Based Off-Campus Emergency Department (155.4209.E), Nursing Home Facility (155.4209.H), Arboretum or Botanical Garden (155.4210.A), Community Garden (155.4210.C), Park or Plaza (155.4210.D), Lodge or Club (155.4211.C), Place of Worship (155.4211.D), Transportation Passenger Station/Terminal (155.4212.D), Utility Use, Minor (155.4213.C), Animal Grooming (155.4214.A), Pet Hotel (155.4214.C), Veterinary Hospital or Clinic (155.4214.D), Pet Shop (155.4214.E), Boat or Marine Parts Sales without Installation (155.4215.C), Boat or Marine Parts Sales with Installation (155.4215.D), Boat Sales or Rental (155.4215.F), Docking Facility, Recreational Boat (155.4215.J), Marina (155.4215.K), Yacht Club (155.4215.L), Business Service Center (155.4216.A), Conference or Training Center (155.4216.B), Day Labor Service (155.4216.C), Employment Agency (155.4216.D), Parcel Services (155.4216.E), Telephone Call Center (155.4216.F), Travel Agency (155.4216.G), Auditorium or Theater (155.4217.C), Bowling Alley or Skating Rink (155.4217.D), Motion Picture Theater (155.4217.I), Racquet Sports Facility (155.4217.K), Other Indoor Commercial or Membership Recreation/Entertainment Use (155.4217.M), Bar or Lounge (155.4218.A), Brewpub (155.4218.B), Hall for Hire (155.4218.C), Nightclub (155.4218.D), Restaurant (155.4218.E), Specialty Eating or Drinking Establishment (155.4218.F), Automotive Parts Sales without Installation (155.4219.C), Gasoline Filling Station (155.4219.I), New Automobile and Light Truck Sales (155.4219.J), Automobile and Light Truck Rental (155.4219.M), Parking Deck or Garage (as a principal use) (155.4219.O), Parking Lot (as a principal use) (155.4219.P), Used Luxury Automobile Sales With Indoor/Outdoor Display (155.4219.W), Professional Office (155.4220.B), Art, Music, or Dance, Studio (155.4221.A), Bank or Financial Institution (155.4221.C), Dry-Cleaning or Laundry Drop-Off Establishment (155.4221.E), Fortune-Telling Establishment (155.4221.F), Funeral Home or Mortuary (155.4221.G), Laundromat (155.4221.H), Personal and Household Goods Repair Establishment (155.4221.J), Personal Services Establishment (155.4221.K), Tattoo or Body Piercing Establishment (155.4221.L), Check Cashing or Payday Loan Store (155.4221.M), Antique Store (155.4222.A), Art Gallery (155.4222.B), Auction House (155.4222.C), Book or Media Shop (155.4222.D), Consignment Boutique (155.4222.E), Convenience Store (155.4222.F), Grocery Store (155.4222.G), Drug Store or Pharmacy (155.4222.H), Home and Building Supply Center (155.4222.K), Regional Liquor or Package Store (155.4222.M), Retail Sales Establishment, Large (155.4222.Q), Indoor Mall or Marketplace (155.4222.R), Other Retail Sales Establishment (155.4222.S), Condo Hotel (155.4225.A), Bed and Breakfast Inn (155.4225.B), Hotel or Motel (155.4225.C), Repair of Scientific or Professional Instruments (155.4226.M)

With special approval

Radio or Television Station (155.4204.B) (special exception), Telecommunications Facility, on New Freestanding Tower (155.4204.F) (special exception), Medical or Dental Lab (gross floor area of 5,000 square feet or less) (155.4209.B) (special exception), Specialty Medical Facility (155.4209.C) (special exception), Urgent Care Facility 24-hours (155.4209.D) (special exception), Specialty Hospital (155.4209.F) (special exception), General Hospital (155.4209.G) (special exception), Civic Center (155.4211.A) (special exception), Solar Energy Collection System (as a principal use) (155.4213.A) (special exception), Arena, Stadium, or Amphitheater (155.4217.B) (special exception), Other Outdoor Commercial or Membership Recreation/Entertainment Use (155.4217.N) (special exception), Automotive Parts Sales with Installation (155.4219.D) (special exception), Automotive Repair and Maintenance Facility (155.4219.E) (special exception), Battery Exchange Station (155.4219.G) (special exception), Car Wash or Auto Detailing (155.4219.H) (special exception), Muffler/Transmission Sales and Installation (155.4219.N) (special exception), Tire Sales and Mounting (155.4219.R) (special exception), Heavy Truck/Recreational Vehicle/Trailer Rental (155.4219.U) (special exception), Limited Auto Dealership - Fleet Automobile Sales (155.4219.V) (special exception), Local Liquor or Package Store (155.4222.L) (special exception), Beer or Wine Store (155.4222.N) (special exception), Thrift Shop (155.4222.P) (special exception)