2740 NE 16th Street Pompano Beach, FL 33062

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 RIGHTSa 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.