OPPORTUNITY FOR SALE | |||
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Code: | 7898G22 | |||
City: | Fort Lauderdale | |||
Retail Type: | ||||
Price: | $ 1,895,000 | |||
Cap. Rate: | ||||
Tenancy: | ||||
Retail Sq.Ft.: | 0 | |||
Lot. Area Sq. Ft.: | 13500 | |||
Parking: | ||||
Year: | ||||
13,500 ft. available for purchase zoned RAC UV located in Flagler Village, a 300-acre downtown Fort Lauderdale neighborhood which is which is been revitalized to include major new developments including the Brightline train station and the redevelopment of Sears Town offering a unique urban appeal. The property street, NE. 5th Ave. is currently being redeveloped with Class A development. As per zoning the maximum development allows for 159,000 ft. of improvement with a litany of uses. Please refer to the offering memorandum. There is no limit to the number of units residential units that could be developed. The property itself consists of 7 one-bedroom apartments which rent for approximately $1000 a month. Tenants are on a month-to-month basis. | ||||
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