$ 3,000,000
521 SW 3rd Ave Fort Lauderdale, FL 33315
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$ 3,000,000
Est. payment /mo
Price Dropped by $2.0M
521 SW 3rd Ave Fort Lauderdale, FL 33315
0.33 Acres Lot
UPDATED:
11/12/2024 02:33 PM
Key Details
Property Type Vacant Land
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Ft Lauderdale B-40 D
MLS Listing ID F10457724
HOA Y/N No
Total Fin. Sqft 14500
Annual Tax Amount $11,706
Tax Year 2023
Lot Size 0.333 Acres
Property Description
Prime Ft. Lauderdale downtown property zoned as RAC-SMU (Mixed-Use District). The location supports a diverse neighborhood scale, offering a mix of housing options, including townhouses and apartment buildings. This is an excellent opportunity for builders or investors looking to undertake a full-scale development in a sought-after urban environment.
Development Potential:
Maximum Height: By Right: Up to 6 stories.
Conditional Use Process: Up to 12 stories
Investment Highlights
Strategic Location: Positioned within a rapidly growing and evolving urban area, with strong demand mixed-use developments.
Development Flexibility: The zoning and character area guidelines provide the flexibility needed to create a unique, high-quality development that aligns with market demand.
Development Potential:
Maximum Height: By Right: Up to 6 stories.
Conditional Use Process: Up to 12 stories
Investment Highlights
Strategic Location: Positioned within a rapidly growing and evolving urban area, with strong demand mixed-use developments.
Development Flexibility: The zoning and character area guidelines provide the flexibility needed to create a unique, high-quality development that aligns with market demand.
Location
State FL
County Broward County
Area Ft Ldale Sw (3470-3500;3570-3590)
Zoning RAC-SMU
Exterior
Waterfront No
Water Access N
Private Pool No
Others
Pets Allowed No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by The Keyes Company