1120 NE 15th Ave
Fort Lauderdale, FL 33304
0.15 acres | #A11793354
Description
This is an exceptional opportunity to acquire a prime piece of land, perfectly situated just north of the highly sought-after Victoria Park area. With the potential to develop two luxury townhomes that are projected to sell between $2.5M-$3M ($1.25M-$1.5M/each). With increasing demand for modern, high-end townhomes in this coveted area, this is a rare chance eto create stunning residences that will appeal to discerning buyers. THE PROPERTY WAS JUST APPRAISED in late December for $700,000. Plans are 85% completed. The entire $32,500 balance to the architect has been paid in full and will be transferred over to the buyer along with all soil reports, arborist reports, engineer reports, etc. All of the pre-development costs have already been absorbed by the seller and will transfer to buyer.
Property Details
- CountyBroward County
- Property SubtypeResidential
- Structure TypeResidential
- SubdivisionPROGRESSO
- MLS #A11793354
- MLS #A11793354
- Property TypePurchase
- Acres0.1492
- Cost579900
- Lot DescriptionOther
Location
Legal
MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.
Last Updated: . Source: MAOR
Listing Courtesy
Listing Agent: Alex Lorenzo (#3315339)
Listing Office: BrokerNation Real Estate (#CPES01)
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