2740 NE 16th Street

Pompano Beach, FL 33062

$1,730,000

$1,105/ft²

2Beds

2Baths

1,566Sq ft

1957Year built

Single-family homeType

About this home

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 county 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.

Features

Waterfront
Private pool

Property details

Listing

MLS #: B26028851
Status: For sale
Listed on: May 15, 2026
Days on market: 86 days
Listing data updated: Jun 2, 2026

Interior

Beds: 2
Baths: 2
Living area: 1,566 ft²
Price per ft²: $1,105/ft²

Building & community

Type: Single-family home
Year built: 1957
County: Broward

Lot & exterior

Waterfront: Yes
Private pool: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $8,748
Property taxes (est.): $1,586
Home insurance (est.): $600
Flood insurance (est.): —

Estimated total$10,934*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?