Ft Lauderdale B 40 D Other For Sale
521 Sw 3rd Ave, Fort Lauderdale, FL 33315

$5,000,000
New For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:F10457724
  • Virtual Tour: YES
  • List Price: $5,000,000
  • Taxes:$11,706
  • Listing Date:August 24, 2024
  • Days On Market:27

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.

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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker