A rare trophy estate lot positioned at the mouth of the Hillsboro Inlet, offering an exceptional opportunity to build a custom waterfront residence. Situated on a deep-water canal, this property is one of the few in the area with DEEDED WATERFRONT RIGHTS-a premium advantage that cannot be reclaimed by the city and sets it apart from neighboring parcels. Encompassing 14,609 sq. ft. of land with over 75 feet of water frontage in a protected No Wake zone, the lot offers direct Intracoastal access in an enviable Pompano Beach location bordering Lighthouse Point. Enjoy your private dock on the Caliban Canal, featuring no fixed bridges and just an 8-minute boat ride to the Hillsboro Inlet. Additional benefits include potential dock rental income and dual 30-amp power hookups, making this a prime Excellent development opportunity. Potential lot accumulation for multi family town homes. Oversized lot with direct access. This home is a tear down and property is assessed as land value only.
Listed By
Agency Name: Sellstate Priority Realty Netw
Agency Phone: 239-574-8888
Shown By
Agency Title: Thomas Group Real Estate
Agency Phone: 954-895-1342
Estimated Payment
$ 5,303.90 per month $3,850.23 Principal & Interest $949.08 Property Tax $504.58 Homeowner's Insurance
2740 NE 16th Street | MLS# B26028851
This single family home located at 2740 NE 16th Street, Pompano Beach, FL 33062 is currently listed for sale with an asking price of $1,730,000. This property was built in 1957 and has 2 bedrooms and 2 full baths with 1890 sq. ft. NE 16th Street is located in the Caliban Ridge subdivision. Search Caliban Ridge real estate on www.thomasgrouprealestate.com today.