3401 NE 10 St, Pompano Beach FL 33062,Pompano Beach,Broward County,Commercial Sale

$4,500,000

Overview

Hotel/Motel
Property Type

Description

OCEANFRONT PROPERTY ON BEAUTIFUL POMPANO BEACH
Atlantic Terrace is a rare find directly on the sand. Offering 8 of the units as a bundle. Units are completely furnished & earning income. No rental restrictions. Property has been a vacation rental business for 15 years – Excellent guest reviews. Owning 8 units provides buyer with full control of the association & first right of refusal to purchase the other 3 units. Soon expected that the buyer should be able to own the other units. One of the owners has his 2 units listed separately. Call L A for details.
Superiorly located – 10 blocks N of Atlantic Blvd & several blocks N of the City’s Fishing Village Pier, restaurants – Pompano Beach House, Oceanic, Lucky Fish Beach Bar & Grill, Cannoli Kitchen, BurgerFi, Kilwins Chocolates/Ice Cream…

Address

Open on Google Maps

Address: NE 10 St
City: Pompano Beach
State/county: Broward County
Zip/Postal Code: 33062

Details

Updated on December 1, 2023 at 12:43 pm

Price $4,500,000
Year Built 1969
Property Type Hotel/Motel
Property Status Commercial Sale

Additional details

ShowingInstructions Appointment Only, Call Listing Agent
ListAgentKey 3d8565655e749f9b3c27c1def0580d01
OnMarketDate 2023-09-15
ListAgentEmail william.miller@cbcnrt.com
ContractStatusChangeDate 2023-09-15
MajorChangeTimestamp 2023-09-16T15:25:30.397Z
Flooring Carpet, Tile
PhotosCount 16
SubAgencyCompensation 2.5%
StatusChangeTimestamp 2023-09-16T15:25:30.397Z
BuildingName Atlantic Terrace
PriceChangeTimestamp 2023-09-16T13:25:07.860Z
ListingKeyNumeric 386369807
MajorChangeType New
ListingContractDate 2023-09-15
ListAOR A-Miami Association of REALTORS
ListOfficeName Coldwell Banker Realty
CurrentUse Hotel Waterfront
OriginatingSystemKey miamire
BusinessType Hotel/Motel
DualVariableCompensationYN no
PhotosChangeTimestamp 2023-09-16T15:27:01.332Z
OriginatingSystemName Miami Association of REALTORS®
ListOfficePhone 954-527-5900
MlsStatus Active
StreetNumber 3401
ListingKey 2a06a140d7e176a44858ee79159b400f
StateOrProvince FL
ShowingContactType Agent
ListOfficeKey 31a4376d38d7ce889142124d92b651fc
Directions Atlantic Blvd East, N on N Ocean Blvd to NE 10 St. E to Ocean Village & Fishing Pier area includes restaurants-Pompano Beach House, Oceanic, Lucky Fish Beach Bar & Grill, Cannoli Kitchen, BurgerFi, Kilwins Chocolates/Ice Cream. Alvin’s Island Surf Co…
BridgeModificationTimestamp 2023-09-16T18:01:57.020Z
ListAgentFullName William Miller
ParkingTotal 9
ListAgentOfficePhone 954-527-5900
Stories 4
ListingTerms All Cash, Conventional/Refinance
SignOnPropertyYN no
OtherExpense 0
IDXParticipationYN yes
InternetAddressDisplayYN yes
ListAgentMlsId 0541993
LotSizeDimensions 50x148
StoriesTotal 4
ModificationTimestamp 2023-09-16T18:00:05.720Z
OriginatingSystemID miamire
DaysOnMarket 1
BuyerAgencyCompensationType %
ListOfficeMlsId CBRE74
Inclusions Building & Land, Furniture, Furniture/Fixtures, Inventory
ListAgentDirectPhone 954-675-2501
StreetNumberNumeric 3401
ParkingFeatures Common
NumberOfUnitsInCommunity 9
Sewer Public Sanitation
ExpirationDate 2024-03-15
SyndicationRemarks OCEANFRONT PROPERTY ON POMPANO BEACH Atlantic Terrace is a rare find on the beautiful Pompano Beach. This wonderful four-story complex has a total of 11 units. Offering nine of the units as a bundle. They are completely furnished and ready for rental income. This property has been a vacation rental business for 15 years. There are no rental restrictions. Property has excellent guest reviews. Owning these nine units completely controls the association. Another owner has his two units listed separate, which would allow a buyer the opportunity to purchase their two units at a negotiated price, therefore, owning the entire property. Superiorly located - 10 blocks N of Atlantic Blvd and several blocks N of the City's Fishing Village - Pier, restaurants, bars, shopping...
StructureType Hotel/Motel, Hotel
ListAgentStateLicense 0541993
ListOfficeFax 954-522-0107
ListingAgreement Exclusive Right To Sell
ListingId A11453959
SpecialListingConditions Sale
NumberOfBuildings 1
OriginalListPrice 5400000
BuildingAreaUnits Square Feet
InternetEntireListingDisplayYN yes
BuyerAgencyCompensation 2.5%
InternetAutomatedValuationDisplayYN no
OriginalEntryTimestamp 2023-09-16T15:25:30.397Z
SourceSystemKey 386369807
ListOfficeURL C:UsersWilliamVideosa t video.mov
LotSizeSquareFeet 7400
InternetConsumerCommentYN no
BuildingAreaTotal 4918