Fort Lauderdale, FL 33304,1240 NE 17th AVE
Listed by Realty Investments Group LLC
Bought with Realty Investments Group LLC

$325,000

$299,000

8.7%
Est.Price: ?

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Est. payment /mo

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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