FL > Fort Lauderdale > Washington Park Third Add
Fort Lauderdale, FL 33311,733-795 NW 27th Ave
Fort Lauderdale, FL 33311,733-795 NW 27th Ave
Fort Lauderdale, FL 33311,733-795 NW 27th Ave
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$958,750
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2,086 SqFt
Active

733-795 NW 27th Ave Fort Lauderdale, FL 33311

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Shannon Duval

Shannon Duval

+1(954) 695-0227

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,086 sqft

Price per Sqft $459

Subdivision Washington Park Third Add

MLS Listing ID F10488702

Style Fourplex

Construction Status Resale

HOA Y/N No

Total Fin. Sqft 14388

Year Built 1948

Annual Tax Amount $12,073

Tax Year 2023

Property Sub-Type Fourplex

Property 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 property under $40k/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.

Location

State FL

County Broward County

Area Ft Ldale Nw(3390-3400;3460;3540-3560;3720;3810)

Zoning B-3

Interior

Heating Other

Cooling Other

Flooring Other Floors

Exterior

Water Access N

Roof Type Flat Tile Roof

Private Pool No

Building

Lot Description 1/4 To Less Than 1/2 Acre Lot

Story 2.0000

Foundation Cbs Construction

Sewer Municipal Sewer

Construction Status Resale

Others

Pets Allowed No

Acceptable Financing Cash, Conventional, Owner Financing

Listing Terms Cash, Conventional, Owner Financing

BeachesMLS Matrix (RAPB-F prefix)
Listed by United Realty Group Inc.
agent

${companyName}

Phone

+1(954) 695-0227

Address

2900 N University Dr, Springs, FL, 33065, USA

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733-795 NW 27th Ave

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