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Business opportunity for sale in Fort Lauderdale

USD 2,100,000

Business opportunity (For sale)

4,745 sqft
lot 14,250 sqft
Reference: EDEN-T102933698 / 102933698
SEE OFFERING MEMORANDUM FOR MORE DETAILRarely do you find an investment where the land value is nearly identical to the income value. While this property can provide a nice return, redevelopment may be the highest and best use in the long run. This provides steady cash flow while you plan your project. The streets surrounding these two adjacent properties are filled with luxury townhomes. Recently, the building across the street was demolished to make way for a luxury project.There are currently two separate buildings that make up the 7 units for a total of 4,745 SF of structure. The two lots of land total 14,250 SF. They are ideally situated in the highly desirable Fort Lauderdale MSA. The RMM-25 zoning is one of the most sought after in Broward County. With meticulous maintenance and a proven track record, this property presents a turnkey opportunity for investors seeking a stable and high-performing asset in the thriving South Florida multifamily market. View more View less SEE OFFERING MEMORANDUM FOR MORE DETAILRarely do you find an investment where the land value is nearly identical to the income value. While this property can provide a nice return, redevelopment may be the highest and best use in the long run. This provides steady cash flow while you plan your project. The streets surrounding these two adjacent properties are filled with luxury townhomes. Recently, the building across the street was demolished to make way for a luxury project.There are currently two separate buildings that make up the 7 units for a total of 4,745 SF of structure. The two lots of land total 14,250 SF. They are ideally situated in the highly desirable Fort Lauderdale MSA. The RMM-25 zoning is one of the most sought after in Broward County. With meticulous maintenance and a proven track record, this property presents a turnkey opportunity for investors seeking a stable and high-performing asset in the thriving South Florida multifamily market.
Reference: EDEN-T102933698
Country: US
City: Fort Lauderdale
Postal code: 33304
Category: Commercial
Listing type: For sale
Property type: Business opportunity
Property size: 4,745 sqft
Lot size: 14,250 sqft
Floor: 1
Parkings: 1

SALE PRICE PER SQFT IN FORT LAUDERDALE

Average sale price per sqft
Oct 2023
3 months
1 year
House
USD 1,023
-
+18%
Apartment
-
-
-
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REAL ESTATE PRICE PER SQFT IN NEARBY CITIES

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USD US Dollar