Located in the heart of the desirable Sailboat Bend Historic District, this prime property offers an unparalleled investment opportunity just minutes from downtown Fort Lauderdale and the Discovery Center.


Property

Website:https://www.nestseekers.com/5290296
Address:
Fort Lauderdale, FL 33312
Ownership: For Sale
Type: Land
Lot Size: 0.4 Acres

Financials

Price:$1,395,000
Annual Taxes:$10,524

Description

Located in the heart of the desirable Sailboat Bend Historic District, this prime property offers an unparalleled investment opportunity just minutes from downtown Fort Lauderdale and the Discovery Center. Situated on more than 1/3 acre and zoned RMM-25 (Residential Multifamily Medium High Density), this site provides the flexibility to expand and capitalize on its full potential.Currently, the property features two charming income-producing cottages generating $3,600/month in rental income. With the potential to add 5+ additional multi-level units, this property presents a rare chance for a developer or private owner to create a boutique multifamily development in one of Fort Lauderdale’s most unique and historic neighborhoods.

Amenities

  • Cable - Available
  • City
  • Corner Lot
  • Electricity Available
  • Garden
  • Home
  • Irrigation Water Onsite
  • Natural Gas Available
  • Sewer Available
  • Water Available

Contact

888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of LoKation

Fort Lauderdale FL 33312 USA