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$ 579,900
Est. payment /mo
New
1120 NE 15th Ave Fort Lauderdale, FL 33304
6,499 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Progresso
MLS Listing ID A11793354
HOA Y/N No
Annual Tax Amount $2,498
Tax Year 2024
Lot Size 6,499 Sqft
Acres 0.1492
Property Sub-Type Residential
Property 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.
Location
State FL
County Broward
Community Progresso
Area 3380
Exterior
Private Pool Yes
Building
Faces West
Others
Tax ID 494234043480
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11793354
Listed by BrokerNation Real Estate