418 NE 2nd Ave Active

Fort Lauderdale,FL 33301

$ 2899000

- Bed

- Bath

- SqFt


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

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