Fort Lauderdale, FL 33311

Property

Ownership: For Sale
Type: Unknown
Pets: No Pets Allowed
Lot Size: 0.47 Acres

Financials

Price:$1,600,000
Annual Taxes:$383
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Lifestyle International Realty

Exceptional corner development site located in one of Fort Lauderdale s fastest growing corridors.

Description

Exceptional corner development site located in one of Fort Lauderdale’s fastest-growing corridors. This 20,250 square foot parcel, comprised of three assembled lots, sits prominently at NW 7th Terrace and NW 5th Street, just steps from Sistrunk Marketplace and surrounded by significant new construction and revitalization. Zoned RMM-25, the property offers the potential to develop up to 10 townhomes. The lot previously received City approval for a church, reflecting strong development viability. A current survey is available, and extensive testing has already been completed, providing added value and reduced upfront work for the next developer. Uses Commonly Built in RMM-25 In practice, this zoning has been used for: • Townhome developments (e.g., mid-rise townhome complexes) • Small/medium multifamily buildings (typically up to ~25 units/acre density) ? • Mixed residential configurations with some higher-density units Position yourself ahead of the curve and capitalize on Fort Lauderdale’s continued growth before pricing accelerates further.

Amenities

  • LessThanOneAcre
  • SewerNotAvailable

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.