Fort Lauderdale, FL 33311,816 NW 3rd AVE
Fort Lauderdale, FL 33311,816 NW 3rd AVE
Fort Lauderdale, FL 33311,816 NW 3rd AVE
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Listed by Central Properties Of South Florida, Inc.
Bought with Walnut Street Realty Co

$2,650,000

$2,600,000

1.9%
Est.Price: ?

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Est. payment /mo

0.93 Acres Lot


SOLD DATE : 11/03/2023

Key Details

Sold Price $2,650,000

Property Type Vacant Land

Sub Type Commercial Land

Listing Status Sold

Purchase Type For Sale

Subdivision Progresso Village

MLS Listing ID RX-10846286

Sold Date 11/03/23

HOA Y/N No

Annual Tax Amount $16,857

Tax Year 2022

Lot Size 0.930 Acres

Property Description

Property includes 816-830 NW 3rd Av Golden Opportunity for builder/developer to begin construction on brand new townhomes with garages blocks to the Bright Line and surrounded by an enormous number of projects gentrifying Andrews Avenue, and the Sistrunk District. Realistic sale prices of $550,000 per unit, these 20 homes are zoning approved, and, once impact and permit fees are paid, can realistically break ground on the first section of 10 homes. Asking price of less than 25% of the end value includes all documents needed to circumvent the 2-3 year wait and start construction right away! The homes range in size from 1550 to 1900 SF, plus garage, and additional parking pad. Each model was carefully planned, and every home has rear gardens, options for rec rooms, or lower-level full bath

Location

State FL

County Broward

Community Acacia At Progresso Village

Area 3810

Zoning R25

Exterior

Utilities Available Public Water, Sewer

View City

Exposure North

Building

Lot Description 1/2 to < 1 Acre

Story 135.00

Others

Acceptable Financing Cash

Horse Property No

Listing Terms Cash

Financing Cash

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