FL > Fort Lauderdale > Washington Park Third Add
Fort Lauderdale, FL 33311,733-795 NW 27th Ave
Fort Lauderdale, FL 33311,733-795 NW 27th Ave
Fort Lauderdale, FL 33311,733-795 NW 27th Ave
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Mon
28
Apr
Tue
29
Apr
Wed
30
Apr
Sara Schaeffer

Sara Schaeffer

+1(954) 821-4563
$958,750
Est. payment /mo
0.33 Acres Lot
Save

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Subdivision Washington Park Third Add

MLS Listing ID F10488687

HOA Y/N No

Total Fin. Sqft 14388

Annual Tax Amount $12,073

Tax Year 2023

Lot Size 0.330 Acres

Property Sub-Type Residential

Property 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.

Location

State FL

County Broward County

Area Ft Ldale Nw(3390-3400;3460;3540-3560;3720;3810)

Zoning B-3

Exterior

Water Access N

Private Pool No

Others

Pets Allowed No

Acceptable Financing Cash, Conventional, Owner Financing

Listing Terms Cash, Conventional, Owner Financing

Read Less Info
BeachesMLS Matrix (RAPB-F prefix)
Listed by United Realty Group Inc.

Get More Information

agent

Sara Schaeffer

+1(954) 821-4563

REALTOR® | License ID: SL626129

REALTOR® License ID: SL626129

Name

Phone*

Message

I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Sara Schaeffer, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.
QUICK SEARCH
VIEW MORE