418 NE 2nd Ave Active Save Request In-Person Tour Request Virtual Tour
Fort Lauderdale,FL 33301
Key Details
Property Type Multi-Family, Commercial
Sub Type Income/Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision North Lauderdale Amd
MLS Listing ID F10437254
HOA Y/N No
Total Fin. Sqft 12750
Annual Tax Amount $33,535
Tax Year 2023
Lot Size 0.293 Acres
Property Description
Exceptional development opportunity in the heart of Flagler Village, one of the most sought-after neighborhoods in the United States. This rare gem presents a vacant lot spanning 100' x 127.5', boasting convenient alley access for versatile development possibilities. Zoned RAC-CC (Residential Activity Center - Central City), this prime parcel offers immense potential for lofts or condos. Either 24 units can be developed with ground level parking only (8 levels), or up to 53 units by adding an above and below ground parking system (30 plus levels).
Flagler Village is renowned for its vibrant community, bustling with art, culture, and a thriving urban atmosphere. Situated in a top-rated neighborhood, this property is primed to capitalize on the burgeoning demand for urban living spaces.
Location
State FL
County Broward County
Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)
Zoning RAC-CC
Exterior
Utilities Available Cable Tv,Electric,Gas,Sewer,Trash Removal,Water
Waterfront No
Water Access N
Private Pool No
Building
Lot Description Less Than 1 Acre
Sewer Other Sewer,Public Sanitation
Water Municipal Water
Others
Pets Allowed No
Ownership Partnership
Acceptable Financing Cash,Conventional,Owner Financing
Listing Terms Cash,Conventional,Owner Financing