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1005 Ne 17th St - Land Zoned for 3 Units (RM-15)

0.25 Acres of Residential Land Offered at £586,838 in Fort Lauderdale, FL 33305

Investment Highlights

  • 11,000 SF lot with potential for rental income or redevelopment
  • Prime location in the sought-after Fort Lauderdale area
  • Zoned RM15, providing flexibility for townhome development

Executive Summary

Presenting an exceptional opportunity for land and residential investors, this property in
Fort Lauderdale boasts a 2,565 SF building with 4 units, on an 11,000 squft lot; ideal for
potential rental income or redevelopment. Built in 1959 and zoned RM15, the property
offers versatile possibilities for future expansion or renovation to maximize its value. With
a prime location in the sought-after Fort Lauderdale area, this property provides an
attractive investment option for those looking to capitalize on the growth and potential of
the residential market. Great for a townhome development.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per AC
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per AC -
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $99,999
Annual Per AC $9.99

Property Facts

Price £586,838
Sale Type Owner User
Sale Conditions Design & Build
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.25 AC

1 Lot Available

Lot

Price £586,838
Price Per AC £2,319,516
Lot Size 0.25 AC

Double lot, 11,000SF (100 X 110) in Middle River, prime for redevelopment. Zoned RM15.

Description

Presenting an exceptional opportunity for land and residential investors, this property in Fort Lauderdale boasts a 2,565 SF building with 4 units, on an 11,000 sq ft lot; ideal for potential rental income or redevelopment. Built in 1959 and zoned RM15, the property offers versatile possibilities for future expansion or renovation to maximize its value. With a prime location in the sought-after Fort Lauderdale area, this property provides an attractive investment option for those looking to capitalize on the growth and potential of the residential market. Great for a townhome development. Don't miss the chance to explore the promising potential of this property in the thriving Fort Lauderdale area.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-42-35-04-0070
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£143,775

zoning

Zoning Code RM-15 (The RM-15 district has a max density of15 dwelling units per net acre, consistent with residential medium category of the city's comprehensive plan.)
RM-15 (The RM-15 district has a max density of15 dwelling units per net acre, consistent with residential medium category of the city's comprehensive plan.)
  • Listing ID: 32934532

  • Date on Market: 23/08/2024

  • Last Updated:

  • Address: 1005 Ne 17th St, Fort Lauderdale, FL 33305

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