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801 N Andrews Ave - 450 Unit Mid-Rise Development Site 2.34 Acres of Commercial Land Offered at $20,799,209 CAD in Fort Lauderdale, FL 33311
INVESTMENT HIGHLIGHTS
- Efficient dimensional layout
- $35K/Unit
- Flagler Village & Downtown Adjacent
- Fully rezoned
- 450 Unit Estimate
- Hard corner
EXECUTIVE SUMMARY
*Seller financing available.
RECENTLY REZONED. STL Commercial and LoKation Real Estate Commercial Services have been exclusively retained to arrange the sale of 801-823 N Andrews. This prime development site has just been rezoned to NWRAC-MUne to allow for construction of an estimated 450 units and 120 feet in height. The site has an incredibly efficient layout for development.
The site is located directly adjacent to Flagler Village, Fort Lauderdale’s hottest neighborhood. There are new developments planned leading all the way up to the subject site. The efficiency of this site as well as the pricing create an unparalleled opportunity for a developer to make their mark in the Fort Lauderdale Downtown Core.
The site has income in place and multiple buildings on site to help a developer cover costs before breaking ground. The site is comprised of: 1) an office (to be delivered vacant), 2) a car dealership (to be delivered vacant), 3) multifamily apartment buildings (100% occupied).
Massing Study available.
RECENTLY REZONED. STL Commercial and LoKation Real Estate Commercial Services have been exclusively retained to arrange the sale of 801-823 N Andrews. This prime development site has just been rezoned to NWRAC-MUne to allow for construction of an estimated 450 units and 120 feet in height. The site has an incredibly efficient layout for development.
The site is located directly adjacent to Flagler Village, Fort Lauderdale’s hottest neighborhood. There are new developments planned leading all the way up to the subject site. The efficiency of this site as well as the pricing create an unparalleled opportunity for a developer to make their mark in the Fort Lauderdale Downtown Core.
The site has income in place and multiple buildings on site to help a developer cover costs before breaking ground. The site is comprised of: 1) an office (to be delivered vacant), 2) a car dealership (to be delivered vacant), 3) multifamily apartment buildings (100% occupied).
Massing Study available.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $20,799,209 CAD | Lot Size | 2.34 AC |
| Price Per AC | $8,882,659.27 CAD |
| Price | $20,799,209 CAD |
| Price Per AC | $8,882,659.27 CAD |
| Lot Size | 2.34 AC |
101,998 SF (2.34 AC)
DESCRIPTION
Lot Size: 101,998 SF (2.34 AC) Building Size: 23,149 SF (+/-) Zoning: NWRAC-MUne Allowed Height: 120 FT Allowed Uses: Multi-Family, Hotel, Retail, Office, Restaurant, Etc. Site Dimensions: 400 x 255 FT Estimated Density: 450 UNITS* (+/-)
1 1
Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (71)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,954,201 CAD | |
| Land Assessment | $1,179,154 CAD | Total Assessment | $5,725,711 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,179,154 CAD
Improvements Assessment
$1,954,201 CAD
Total Assessment
$5,725,711 CAD
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801 N Andrews Ave - 450 Unit Mid-Rise Development Site
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