Bought with Realty Investments Group LLC
$325,000
$299,000
8.7%For more information regarding the value of a property, please contact us for a free consultation.
8,740 Sqft Lot
SOLD DATE : 10/15/2019
Key Details
Sold Price $325,000
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Sold
Purchase Type For Sale
Subdivision Lake Ridge
MLS Listing ID RX-10552000
Sold Date 10/15/19
HOA Y/N No
Annual Tax Amount $898
Tax Year 2017
Lot Size 8,740 Sqft
Property Description
As one of the last available lots in the area, this is a rare opportunity to become a land owner and developer of this prime location in Lake Ridge, nested near single and multi-family community. This land is zoned RC 15 for multi-family residential builds. Located across street from Sunrise Middle School, 4 blocks from Federal Hwy, close to Victoria Park and Flagler Village.This corner lot 1240 NE 17th Ave measures 65,33' x 135' asking $299,000. The adjacent lot 1238 NE 17th Ave measures 54.67' x 135' is also for sale asking $299,000. You can buy both for $590,000 Seller has development plans for 2 duplexes that can be provided as part of the deal. New build townhouses above 2,500 sqft were sold for above $670K per townhouse in that area.
Location
State FL
County Broward
Area 3370
Zoning RC-15
Exterior
Utilities Available None
Exposure E
Building
Lot Description < 1/4 Acre, West of US-1
Story 135.00
Schools
Elementary Schools Bennett Elementary School
Middle Schools Sunrise Middle School
High Schools Fort Lauderdale High School
Others
Acceptable Financing Cash, Conventional
Horse Property No
Listing Terms Cash, Conventional
Financing Cash,Conventional
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