733795 NW 27th Ave

Fort Lauderdale, FL 33311

  • 0 Sqft
  • 14388
    Sqft(Lot)
$958,750

Description

Six figures below market! one of the last corner lots on rapidly developing nw 27 ave, buildable for 24 residential units. active comps: $60k-$86k/unit for land; recently sold comps: $42k(disqualified)-$82.5k/unit for land. subject property under $40k/unit. construction cost: $3.5m+/-; total cost: under $4.5m; projected value: $7m+: $2.5m+ instant equity. nearby rents: 1 beds $1.6k-$2.1k: potential 10%+/- cap rate. opportunity zone: huge tax benefits. seller will finance. eligible for county grant of up to $300k towards construction. drive 27th & nearby areas: see surge of construction. minutes from new walmart plaza, starbucks, downtown, i-95, 441, & turnpike. site plan for 24 large 1 bed/1 bath units included—customize or design your own. dnd tenants. can also be commercial or mixed-use.

  • Property Type

    Commercial/Business/Agricultural/Industrial Land
  • Subdivision

    Washington Park
  • County

    Broward County
  • Style

    Unimproved Multi Family (5+Units)
  • AD ID

    48670911

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All listings featuring the "The Greater Fort Lauderdale Realtors" as the source are provided by "The Greater Fort Lauderdale Realtors".This information is not verified for authenticity or accuracy and is not guaranteed.

BuyOwner last updated this listing 05/09/2025 @ 14:08

  • MLS: F10483601
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Greater Fort Lauderdale REALTORS®

is a Agricultural, with 0 bedrooms which is for sale, it has 0 sqft, 14,388 sized lot, and 0 parking. are nearby neighborhoods.