733 NW 27th Ave - Commercial LAND FOR SALE


Fort Lauderdale, FL 33311- Lauderhill626,741,280 SF
$958,750 USD
954-993-6664
733 NW 27th Ave, Fort Lauderdale, FL for Sale
$958,750 USD
Commercial LAND - FOR SALE
1/33
626,741,280 SF

733 NW 27th Ave
Fort Lauderdale, FL 33311
Lauderhill


HIGHLIGHTS

  • One of the Last Corner Lots on the Rapidly Developing NW 27 Ave
  • Site Plan For 24 Residential Units in Accordance with Current Code
  • Seller Will Finance
  • Opportunity Zone
  • $2.5M+ Instant Equity Upon Construction
  • Eligible For Up to $300k County Grant

OVERVIEW

Discover one of the last remaining high-exposure corner lots on rapidly developing NW 27th Avenue. This is a rare opportunity to acquire a buildable multifamily site in a booming corridor surrounded by new construction, major retailers, and infrastructure upgrades. Site plan included for 24 large 1-bedroom, 1-bath units designed to current code. Permits have not been pulled: plan can be customized or redesigned. Although the site plan is for 24 residential units, commercial or mixed-use are also options. Unmatched Location & Growth Situated on NW 27th Ave, a key thoroughfare with ongoing commercial and residential expansion. Just minutes from the new Walmart plaza, Starbucks, Downtown, I-95, US-441, and the Turnpike. Drive along 27th Ave and surrounding areas—witness the surge of development happening now. Opportunity Zone Subject property is located within a Qualified Opportunity Zone; take advantage of the many major tax incentives and deferrals including paying 0% tax on capital gains upon the sale of the property if built and held for 10 years or more. The property is eligible for a county grant of up to $300,000 to assist with construction costs. In addition, the county will also split demolition costs 50/50. Seller financing available—flexible terms. Call for details. Numbers That Make Sense Land comps: Active listings at $60K–$86K per unit, recent sales at $42K (disqualified) to $82.5K per unit. Subject property price: Under $40K per unit—six figures below market value! Nearby rental rates: 1-bed units renting for $1,600 – $2,100/month—strong demand in the area. Projected costs & returns: Construction estimate: ~$3.5M Total project cost: Under $4.5M Projected end value: $7M+ ? $2.5M+ instant equity. Potential CAP Rate: ~10%—highly attractive for investors. Act Now – Rare Opportunity in a Hot Market. Do not disturb tenants. Call today for more details.

FOR SALE DETAILS

PRICE

$958,750 USD

PRICE/ACRE

$67/AC

PRICE/SF

$0.0015 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

14388 AC

LAND SF

626,741,280 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

50-42-05-06-0110,50-42-05-06-0120,50-42-05-06-0121

ASK ABOUT THIS PROPERTY

Michael SheerUnited Realty Group, IncMore Info
954-993-6664

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Michael SheerUnited Realty Group, IncMore Info
954-993-6664

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