STL Commercial has been exclusively retained by ownership to arrange the sale of 400 E Atlantic Blvd in Pompano Beach. The subject property is a rare fully approved for 204 waterfront luxury residential units with ground floor retail. The development site comprises around 69,886 SF or around 1.60 acres.

The Wave on the Atlantic was designed by world renowned Arquitectonica in an 8 stories state-of-the-art building. It has around 225 lineal feet directly on the water and it includes boat dockage with access to the intercoastal waterway. The building offers a breathtaking rooftop pool and a completely enclosed and private four story parking structure.

This opportunity is also a Covered Land Play. The property presently has 27 two-story townhouses and retail/office buildings. Current owners upgraded the units and the property is generating over $400,000 in yearly income. Some of the commercial spaces are vacant and are not being aggressively marketed by current ownership. Should someone wish to increase the rents and lease the rest of the commercial spaces, the income is projected to be much higher.

Contact Andy Charry and Keiti Silva for more information.
Andy: (305) 298-5503 andy@stl-advisors.com
Keiti: (786) 838-3687 keiti@keiti-silva.com