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USAFLFort LauderdaleWashington Park Third Add733 Nw 27Th Ave
795 - 733 Nw 27 Th Ave, Home with 0 bedrooms, 0 bathrooms and 27 parking in Fort Lauderdale FL | Image 1
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$918,750

795 - 733 Nw 27 Th Ave, Fort Lauderdale, FL

Real Estate

For Sale

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0027
  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 2086 sqft
Garage No
Taxes $12,073
Days Active 80
Lot Size 
Approx. Age 1948
Avg. Price Per Sqft $440
MLS® Number F10488702

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

SIX FIGURES BELOW MARKET! One of the last corner lots on rapidly developing NW 27 Ave, buildable for 24 residential units. Active comps: $60k-$86k/unit for land; recently sold comps: $42k(disqualified)-$82.5k/unit for land. Subject site: approx $38k/unit. Construction cost: $3.5M+/-; total cost: Under $4.5M; projected value: $7M+: $2.5M+ INSTANT EQUITY. Nearby rents: 1 beds $1.6k-$2.1k: Potential 10%+/- cap rate. Opportunity zone: huge tax benefits. SELLER WILL FINANCE. Eligible for county grant of up to $300k towards construction. Drive 27th & nearby areas: see surge of construction. Minutes from new Walmart plaza, Starbucks, Downtown, I-95, 441, & Turnpike. Site plan for 24 large 1 bed/1 bath units included—customize or design your own. DND tenants. Can also be commercial or mixed-use.Show Description
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Walk Score®
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Transit Score®
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Bike Score®
MLS® NumberF10488702
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1948
Basement
Driveway
Garage Spaces
HeatOther
A/COther
Heating Fuel

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