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Income/MultiFamily - for Sale

3900 NW 37TH ST, LAUDERDALE LAKES, FL 33309

Asking Price$4,500,000

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  • Days on market:

    166 day(s)
  • Original Price:

    $4,500,000
  • Tax Legal Description:

    19-49-42 THAT PT OF NW1/4 OF SW1/4 OF SEC 19 DESC AS:BEG NW COR OF SW 1/4 SEC 19;S 150,E 203.01;S 354.35;NELY 108.46;NE 208.29; NELY 254.58;
  • Property Type:

    Income/MultiFamily
  • Waterfront:

    Yes
  • Waterfront Description:

    Canal Front
  • Special Listing Conditions:

    Sale

Description

$4,500,000 • waterfront access

Rare waterfront commercial lot – prime development opportunity! seize this exceptional 2.73-acre (118,759 sq. ft.) commercial lot, zoned b-2, offering versatile development potential for office, service, retail use, and other various uses. the subject is multifamily land proposed for 136 units. there are plans for three, five-story buildings with 244 parking spaces and an average unit size of 887 square feet. includes 32 split-level units and 104 single story units, many of which include balconies. the plans also call for amenities including a common plaza, splash pad, playground, and a dog park. last appraisal was done in september 2022 for $5.3m. buyer is responsible for their own dd. drive by and call listing agent for more details. will not last!
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