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Gelfand Realty Miami Properties for Sale - Other Land for Sale

1401 NE 5TH AVE, FORT LAUDERDALE, FL 33304

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Other Land - for Sale

1401 NE 5TH AVE, FORT LAUDERDALE, FL 33304

Asking Price$3,900,000 Change Price$300,000

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  • Lot size 13497sqft
  • Taxes $6,976
  • Days on market:

    62 day(s)
  • Original Price:

    $4,200,000
  • Tax Legal Description:

    PROGRESSO 2-18 D LOT 11,12 BLK 57
  • Tax Year:

    2022
  • Property Type:

    Land
  • Waterfrontage (sqft):

    100
  • Lot Features:

    Central Business District 1-2.5 Acres Near School Corner Lot

Description

$3,900,000

Attn: all developers/builders, investment/ hedge fund groups, this is a dream come true. we have the plans to build up to 6 town homes at 2500 sq. ft. each, which should be able to go back to the market at pre construction pricing between $1.2k-$1.3k, plus the bonus of over 5300 sq. ft. of commercial space w/ grandfathered signage located directly on ne 4th ave. this corridor is the gateway between wilton manors & downtown ft. lauderdale/las olas. develop this commercial space into a restaurant, art gallery, after hours club, coffee house, music/photography, consignment/retail store, classic car storage, day care/senior center, gym. great real estate opportunity!! example town house shown in listing pictures.

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