Price Reduction
Address
1401 NE 5th Ave, Fort Lauderdale, FL
Price
$ 3,900,000
Property Attributes
  • MLS#A11541156
  • TypeLand
  • CountyBROWARD
  • CityFort Lauderdale
  • Area3370
  • Zip33304
  • Style
  • Taxes$ 6976
  • Price$ 3,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1 Acres
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description

Attn: All Developers/Builders, Investment/ Hedge Fund Groups, This is a dream come true. We have the plans to build up to 6 town homes at 2500 sq. ft. each, which should be able to go back to the market at pre construction pricing between $1.2K-$1.3K, PLUS the Bonus of over 5300 sq. ft. of commercial space w/ grandfathered signage located directly on Ne 4th Ave. This corridor is the gateway between Wilton Manors & Downtown Ft. Lauderdale/Las Olas. Develop this commercial space into a restaurant, art gallery, after hours club, coffee house, music/photography, consignment/retail store, classic car storage, day care/senior center, gym. Great Real Estate Opportunity!! Example town house shown in listing pictures.

Price History
3/4/2024 Listed $4,200,000
5/5/2024 8% - $3,900,000

General Features

Sewer PublicSewer
Utilities SewerAvailable,WaterAvailable
Possession ClosingFunding
Tax Year 2022
Current Use Other
County Broward County
New Construction No
Property Type Land
HOA / Comm Assn No
Attached Garage No
Garage Y/N No
Status Active
City Fort Lauderdale
Buyer Agent Compensation 2.5%
View Y/N No
Senior Community Y/N No
Zoning Description RM-15
MLS Area 3370
Lot Size Square Feet 13497.0
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name 5th Ave
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 6976.0
Home Warranty Y/N No
Lease Renewal Y/N No
MLS Area Minor Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11541156
Days on Market 62
Standard Status Active
MobileHomeRemainsYN No
PostalCity Fort Lauderdale
Legal Description PROGRESSO 2-18 D LOT 11,12 BLK 57

Interior Features

Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Electric On Property Y/N No

Exterior Features

Water Source Public
Lot Size Area 13497.0
Spa No
Lot Dimensions 100x260
Lot Size Acres 1.0
Lot Size Units SquareFeet
Covered Spaces 0.0
Crops Included Y/N No
Road Responsibility PublicMaintainedRoad
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 33304

Price
AVG $660K
$3.9M
Taxes
AVG $6,568
$6,976
Visits
AVG 76
77
Data Provided by Inside Real Estate®

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