Fort Lauderdale, FL 33311,2317 NW 6th St
Fort Lauderdale, FL 33311,2317 NW 6th St
Fort Lauderdale, FL 33311,2317 NW 6th St
Fort Lauderdale, FL 33311,2317 NW 6th St
Fort Lauderdale, FL 33311,2317 NW 6th St
Fort Lauderdale, FL 33311,2317 NW 6th St
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$200,000

$199,997

Est.Price: ?

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Est. payment /mo

5,103 Sqft Lot


SOLD DATE : 04/03/2024

Key Details

Sold Price $200,000

Property Type Vacant Land

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Subdivision Washington Park 19-22 B

MLS Listing ID F10410973

Sold Date 04/03/24

HOA Y/N No

Total Fin. Sqft 5103

Annual Tax Amount $1,385

Tax Year 2023

Lot Size 5,103 Sqft

Property Description

Rare opportunity on rapidly developing Sistrunk Blvd. Drive Sistrunk: see surge of construction. Opportunity zone. Huge tax benefits. Seller will finance. Potential CRA funding. Included sketch for 6 bed 6 bath building of residential units are in accordance with current zoning by right; no rezoning or variances required. Total construction cost $500k+/-. Monthly rent per unit based on comps $2,500. Gross annual income $90k+/-. All in cost $699k+/-. $1.25M+/- value once built based on 6%-7% cap rate. Active comps $145k-$225k per unit for land. OVER 50% OFF Market Value. See pics. Buyer has option to make building 3 stories with up to 2,500 sqft of commercial space on second floor. Commercial rent $25-$30/sqft per year. Great opportunity at a big discount. Call today.

Location

State FL

County Broward County

Area Ft Ldale Nw(3390-3400;3460;3540-3560;3720;3810)

Zoning NWRAC-MUw

Exterior

Utilities Available Cable Tv, Electric, Irrigation Water, Other Utilities Available, Phone Line, Sewer

Water Access N

Private Pool No

Building

Lot Description Less Than 1/4 Acre Lot

Sewer Municipal Sewer

Water Municipal Water

Others

Pets Allowed No

Acceptable Financing Cash, Owner Financing

Listing Terms Cash, Owner Financing

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BeachesMLS Matrix (RAPB-F prefix)
Listed by United Realty Group Inc.
Bought with LoKation
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