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1700 NE 5th St - 2 Residential Lots in Victoria Park 0.3 Acres of Commercial Land Offered at $3,191,381 CAD in Fort Lauderdale, FL 33301
Investment Highlights
- Two residential lots in highly sought after east Fort Lauderdale area
Executive Summary
Victoria Park is one of Fort Lauderdale's premiere residential communities. Located within walking distance to Las Olas Blvd and the Brightline train station or a short drive throughout downtown and the beach, this area is well sought after for its housing. New contemporary homes and townhomes along with renovated period homes valued in multi-millions surround this property. The market reports show single vacant lot for $1+ million making this offering of two lots a great opportunity for development. It is currently operating as a 16 Bed assisted living facility which use was permitted by a variance years ago. Please do not visit the property without a scheduled appointment.
Property Facts
| Price | $3,191,381 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Total Lot Size | 0.30 AC |
| No. Lots | 1 | ||
| Zoning | RC15 | ||
| Price | $3,191,381 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.30 AC |
| Zoning | RC15 |
1 Lot Available
Lot
| Price | $3,191,381 CAD | Lot Size | 0.30 AC |
| Price Per AC | $10,607,917.04 CAD |
| Price | $3,191,381 CAD |
| Price Per AC | $10,607,917.04 CAD |
| Lot Size | 0.30 AC |
Corner property comprised of two lots with a total of 13,107 SF zoned RC15 with the City of Fort Lauderdale. Currently offers a 16 bed assisted living building.
1 1
Moderately walkable
70/100
Fairly drivable
50/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 50-42-02-15-1670 | Improvements Assessment | $717,518 CAD |
| Land Assessment | $269,828 CAD | Total Assessment | $987,346 CAD |
Property Taxes
Parcel Number
50-42-02-15-1670
Land Assessment
$269,828 CAD
Improvements Assessment
$717,518 CAD
Total Assessment
$987,346 CAD
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1700 NE 5th St - 2 Residential Lots in Victoria Park
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