Bought with Walnut Street Realty Co
$2,650,000
$2,600,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
816 NW 3rd AVE Fort Lauderdale, FL 33311
0.93 Acres Lot
Key Details
Sold Price $2,650,000
Property Type Vacant Land
Sub Type Commercial Land
Listing Status Sold
Purchase Type For Sale
Subdivision Progresso Village
MLS Listing ID RX-10846286
Sold Date 11/03/23
HOA Y/N No
Annual Tax Amount $16,857
Tax Year 2022
Lot Size 0.930 Acres
Property Description
Property includes 816-830 NW 3rd Av Golden Opportunity for builder/developer to begin construction on brand new townhomes with garages blocks to the Bright Line and surrounded by an enormous number of projects gentrifying Andrews Avenue, and the Sistrunk District. Realistic sale prices of $550,000 per unit, these 20 homes are zoning approved, and, once impact and permit fees are paid, can realistically break ground on the first section of 10 homes. Asking price of less than 25% of the end value includes all documents needed to circumvent the 2-3 year wait and start construction right away! The homes range in size from 1550 to 1900 SF, plus garage, and additional parking pad. Each model was carefully planned, and every home has rear gardens, options for rec rooms, or lower-level full bath
Location
State FL
County Broward
Community Acacia At Progresso Village
Area 3810
Zoning R25
Exterior
Utilities Available Public Water, Sewer
View City
Exposure North
Building
Lot Description 1/2 to < 1 Acre
Story 135.00
Others
Acceptable Financing Cash
Horse Property No
Listing Terms Cash
Financing Cash
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