434 NE 7th Ave - Residential Income FOR SALE


Fort Lauderdale, FL 33301- Victoria Park
$1,599,999 USD
954-668-8452
434 NE 7th Ave, Fort Lauderdale, FL for Sale
$1,599,999 USD
Residential Income - FOR SALE
1/5
null | Request Cap Rate

434 NE 7th Ave
Fort Lauderdale, FL 33301
Victoria Park


HIGHLIGHTS

  • Allows for mid-rise development and increased units.
  • High interest in multifamily housing in the area.
  • Scenic and attractive with historic charm.
  • Opportunity for redevelopment.

OVERVIEW

Location, Location, Location!!! Welcome to an opportunity to remodel an existing building or build new construction for up to 3 townhouses. This prime lot is zoned for multi-family/single family and is east of US1. The zoning is RMM-25, Residential Multifamily Mid Rise/Medium High Density. It has quick accessibility to Las Olas, Downtown, Flagler Village and the Beaches for endless shopping, entertainment and dining. The home has an alley in the rear for extra access and beautiful mature trees that cover the grounds. Currently the property is a legal triplex that needs extensive renovations. Lot would best be suited for a tear-down project. Endless possibilities await the new owners of this great space. Call today to secure a wonderful investment.

FOR SALE DETAILS

PRICE

$1,599,999 USD

PRICE/SF

$725 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,712 SF

ZONING

RMM-25

APN/PARCEL ID

50-42-02-01-1050

ASK ABOUT THIS PROPERTY

Britni KurtzLoKation Real EstateMore Info
954-668-8452

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Britni KurtzLoKation Real EstateMore Info
954-668-8452

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.