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3900 NW 37th St - Urban In-Fill Redevelopment Land 2.73 Acres of Commercial Land Offered at $4,825,345 CAD in Lauderdale Lakes, FL 33309
Investment Highlights
- AADT 55500
- Retail/Commercial Center (capitalize on B-2 flexible zoning)
- Self-Storage Eligible: City planner confirmed property qualifies for self-storage use (0.67 miles from nearest facility - exceeds minimum distance req
- Last Appraisal: $5.3M (September 2022)
Executive Summary
please Plans for Multi Family and the Survey
Property Facts
| Price | $4,825,345 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| Sale Conditions | Total Lot Size | 2.73 AC | |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | B-2 | ||
| Price | $4,825,345 CAD |
| Sale Type | Investment |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.73 AC |
| No. Stories | 1 |
| Opportunity Zone |
Yes |
| Zoning | B-2 |
1 Lot Available
Lot
| Price | $4,825,345 CAD | Lot Size | 2.73 AC |
| Price Per AC | $1,770,119.19 CAD |
| Price | $4,825,345 CAD |
| Price Per AC | $1,770,119.19 CAD |
| Lot Size | 2.73 AC |
REDEVELOPMENT OPPORTUNITY | STATE ROAD 7 CORRIDOR 55,500+ vehicles per day on adjacent State Road 7 corridor 2.73-Acre Commercial Site with Multifamily Plans ( Live Local ) PROPERTY HIGHLIGHTS: Exceptional 2.73-acre (118,759 sq. ft.) commercial re
Description
REDEVELOPMENT OPPORTUNITY | STATE ROAD 7 CORRIDOR 55,500+ vehicles per day on adjacent State Road 7 corridor 2.73-Acre Commercial Site with Multifamily Plans ( Live Local ) PROPERTY HIGHLIGHTS: Exceptional 2.73-acre (118,759 sq. ft.) commercial redevelopment site strategically located in the heart of Broward County with premium State Road 7/US 441 frontage, MULTIFAMILY PLANS for development. Multifamily Potential: plans for 70-unit residential community Three 5-story residential buildings Modern amenities: Common plaza, splash pad, playground, dog park ZONING & DEVELOPMENT POTENTIAL: Current Zoning: B-2 Community Business District Permitted Uses: Medical office buildings, retail, professional services, restaurants, banks, personal services, and various commercial applications LOCATION ADVANTAGES: 560± feet of frontage on NW 37th Street Direct exposure to State Road 7/US 441 (100,000+ daily traffic count) Minutes from I-95 and Florida's Turnpike Heart of Broward County's fastest-growing corridor Surrounded by established residential neighborhoods MARKET FUNDAMENTALS: Lauderdale Lakes: 36,000+ diverse, growing population Broward County experiencing healthcare boom with new hospital and MOB construction $45M+ in active commercial development projects nearby Strong multifamily demand in Fort Lauderdale metro (61% of new development) Underserved market for medical, retail, and residential uses FINANCIAL INFORMATION: Last Appraisal: $5.3M (September 2022) Clear title, ready to close DEVELOPMENT OPTIONS: Execute multifamily plans (turn-key development opportunity) Medical Office Building (high demand in Broward County) Mixed-Use Development (retail + residential or medical + commercial) Assisted Living Facility (critical shortage in Broward: 360,000 residents need care) Retail/Commercial Center (capitalize on B-2 flexible zoning) DUE DILIGENCE: Buyer responsible for all due diligence. multifamily plans, surveys, and additional documentation available upon request.
Property Taxes
| Parcel Number | 49-42-19-00-0083 | Improvements Assessment | $0 CAD |
| Land Assessment | $2,471,661 CAD | Total Assessment | $2,471,661 CAD |
Property Taxes
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3900 NW 37th St - Urban In-Fill Redevelopment Land
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