The NW 31st Avenue Assemblage is ±1.43 acres of vacant, cleared land across two contiguous parcels on NW 31st Avenue, just off Atlantic Boulevard and its 52,000+ vehicles per day. The site offers ±820 linear feet of frontage on three streets, with direct connectivity to both I-95 and Florida's Turnpike.
Zoned B-3 General Business with Commercial future land use, the property permits multifamily by-right at 46 units/acre (~65 units), plus retail, office, medical, and hospitality programs. It is also Live Local Act eligible (Fla. Stat. §166.04151), unlocking a mixed-income density bonus to roughly 98 units by administrative approval, with no rezoning or special exception required.
The assemblage sits inside a Qualified Opportunity Zone (Tract 306) and the Northwest CRA, stacking federal capital-gains treatment and local redevelopment positioning onto a corridor already absorbing new rental product. Related Group's proposed 467-unit Cross Creek anchors the pipeline two blocks north, alongside recently delivered communities including Pompano Pointe (41 units, 2024).
Offered at $2,200,000 ($35.21/SF land).
All figures, zoning, density, and entitlement statements are approximate and subject to independent verification. Nothing herein is legal, tax, or investment advice.
Joshua Kaufman
Compass
