Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Lot size
0.14 acres
THE SITE: Two contiguous parcels (Folios 504210015131 & 504210015132) totaling 12,500 SF in Fort Lauderdale's New River South corridor. 100 ft wide × 125 ft deep across two contiguous lots. Rear alley may provide vehicle access — subject to pre-development review with City transportation engineer. THE ZONING: RAC-SMU (Regional Activity Center — Southwest Mixed Use) is one of Fort Lauderdale's most flexible designations. The property's RAC Future Land Use designation may provide eligibility under Florida's Live Local Act (SB 102) — buyers and their counsel are encouraged to inquire directly with the City. THE INCOME: Two existing duplexes generate $7,200/month in rental income — $3,800 from 634 SW 4th Ave and $3,400 from 638 SW 4th Ave. Existing tenancies provide cash flow during the permitting and pre-construction period — a real advantage over vacant land. THE MARKET: New construction townhomes in the Tarpon River / New River South corridor are actively trading between $875,000 and $1,100,000+. Double-digit year-over-year price appreciation. Strong demand from both end-users and developers. Contact the listing agent directly. Inquire about Live Local Act eligibility. Minutes to Las Olas, I-95, FLL & beaches. Sold as-is.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.14
-
Lot Size(square feet)
6,250
-
Property Type
Land
-
Property Sub Type
Unimproved Land
Price
-
Sales Price
$1,350,000
-
Tax Amount
$9,224.96
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Croissant Park
-
Middle School
New River
-
High School
Stranahan
Property Features
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Broward
Elementary School
Croissant Park
Middle School
New River
High School
Stranahan
Listing Courtesy of Alejandro Saenz de la Calzada Rosenstein, The Keyes Company
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