Price Reduced 7.14%

$3,900,000

Est. Mortgage $20,496/mo *

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Price History

$4,200,000
3/4/2024

$3,900,000
5/5/2024

1401 NE 5th Ave, Fort Lauderdale, FL, 33304

1401 NE 5th Ave, Fort Lauderdale, FL, 33304
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Attn: All Developers/Builders, Investment/ Hedge Fund Groups, This is a dream come true. We have the plans to build up to 6 town homes at 2500 sq. ft. each, which should be able to go back to the market at pre construction pricing between $1.2K-$1.3K, PLUS the Bonus of over 5300 sq. ft. of commercial space w/ grandfathered signage located directly on Ne 4th Ave. This corridor is the gateway between Wilton Manors & Downtown Ft. Lauderdale/Las Olas. Develop this commercial space into a restaurant, art gallery, after hours club, coffee house, music/photography, consignment/retail store, classic car storage, day care/senior center, gym. Great Real Estate Opportunity!! Example town house shown in listing pictures.

Status:

Active

Type:

Lot / Acreage

Zoning:

RM-15

Acreage:

1

Est. Taxes:

$6,976

Current Use

Other

Utilities

Sewer Available,Water Available

Days on Market:

62

MLS #:

A11541156

Community Info

School Info

Walk Score

Yelp

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Listing courtesy of Galleria International Realty Phone: 954-229-2222