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434 NE 7th Ave 2,206 SF Specialty Building Offered at $2,172,799 CAD in Fort Lauderdale, FL 33301
Investment Highlights
- Allows for mid-rise development and increased units.
- Scenic and attractive with historic charm.
- High interest in multifamily housing in the area.
- Opportunity for redevelopment.
Executive Summary
Location, Location, Location!!! Welcome to an opportunity to remodel an existing building or build new construction for up to 3 townhouses. This prime lot is zoned for multi-family/single family and is east of US1. The zoning is RMM-25, Residential Multifamily Mid Rise/Medium High Density. It has quick accessibility to Las Olas, Downtown, Flagler Village and the Beaches for endless shopping, entertainment and dining. The home has an alley in the rear for extra access and beautiful mature trees that cover the grounds. Currently the property is a legal triplex that needs extensive renovations. Lot would best be suited for a tear-down project. Endless possibilities await the new owners of this great space. Call today to secure a wonderful investment.
Property Facts
| Price | $2,172,799 CAD | Lot Size | 0.18 AC |
| Price Per SF | $984.95 CAD | Building Size | 2,206 SF |
| Sale Type | Investment | No. Stories | 1 |
| Sale Condition | Redevelopment Project | Year Built | 1959 |
| Property Type | Specialty | Parking Ratio | 2.72/1,000 SF |
| Property Subtype | Residential Income | ||
| Zoning | RMM-25 - Residential Multifamily Mid Rise/Medium High Density | ||
| Price | $2,172,799 CAD |
| Price Per SF | $984.95 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Lot Size | 0.18 AC |
| Building Size | 2,206 SF |
| No. Stories | 1 |
| Year Built | 1959 |
| Parking Ratio | 2.72/1,000 SF |
| Zoning | RMM-25 - Residential Multifamily Mid Rise/Medium High Density |
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Very walkable
80/100
Fairly drivable
50/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 50-42-02-01-1050 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $353,289 CAD |
Property Taxes
Parcel Number
50-42-02-01-1050
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$353,289 CAD
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434 NE 7th Ave
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