$918,750

733795 Nw 27Th Ave , Fort Lauderdale, FL 33311

 
Bedrooms:0 beds
Bathrooms:0 baths
Land:0 sqft
Lot:0.33
Year Built:--
Listing Status:Active

Listing Agent

Michael Sheer
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

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 site: approx $38k/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.

Detailed Items

Other Information

733795 Nw 27Th Ave, Fort Lauderdale, FL, 33311 is a land listing of 0 sqft on a lot of 0.33. This land listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property733795 Nw 27Th Ave, Fort Lauderdale, FL
Copyright © 2025 BeachesMLS / Matrix. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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