Fully entitled, two phase development on the Sistrunk corridor, one of Fort Lauderdale's fastest transforming submarkets.
1316 6th Street
Fort Lauderdale, FL 33311
Listing
| Web ID: | 5813588 |
|---|---|
| Website: | https://www.nestseekers.com/5813588 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | Land |
| Lot Size: | 0.3 Acres |
Financials
Price:$2,000,000
Annual Taxes:$2,610
Description
Fully entitled, two-phase development on the Sistrunk corridor, one of Fort Lauderdale's fastest-transforming submarkets. Approved plans for thirty-nine (39) units in two six-story buildings on four folios totaling 23,215 SF (0.533 acres), zoned commercial/mixed-use. PHASE I (1316 NW 6th St): six stories, thirty (30) 2BR/2BA units of approx. 930 SF each, plus 33 parking spaces. Civil/horizontal permits approved. PHASE II (1325 NW 6th St): six-story structure with sixty (60) structured parking spaces plus nine (9) rooftop apartments. Established YMCA/Mizell Community Center is an existing parking tenant. Significant new multifamily and public investment surrounds the site. Ideal for developers and investors seeking an entitled, mixed-income multifamily play with income-producing structured parking. Plans and project financials available upon request with NDA.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A12110186
Amenities
- Electricity Available
- Sewer Available
- Water Available
Location
Contact
Listing Courtesy of Omega Realty Partners