Property Description

THE SITE: Two contiguous parcels (Folios 504210015131 & 504210015132) totaling 12,500 SF in Fort Lauderdale’s New River South corridor. 100 ft wide × 125 ft deep across two contiguous lots. Rear alley may provide vehicle access — subject to pre-development review with City transportation engineer. THE ZONING: RAC-SMU (Regional Activity Center — Southwest Mixed Use) is one of Fort Lauderdale’s most flexible designations. The property’s RAC Future Land Use designation may provide eligibility under Florida’s Live Local Act (SB 102) — buyers and their counsel are encouraged to inquire directly with the City. THE INCOME: Two existing duplexes generate $7,200/month in rental income — $3,800 from 634 SW 4th Ave and $3,400 from 638 SW 4th Ave. Existing tenancies provide cash flow during the permitting and pre-construction period — a real advantage over vacant land. THE MARKET: New construction townhomes in the Tarpon River / New River South corridor are actively trading between $875,000 and $1,100,000+. Double-digit year-over-year price appreciation. Strong demand from both end-users and developers. Contact the listing agent directly. Inquire about Live Local Act eligibility. Minutes to Las Olas, I-95, FLL & beaches. Sold as-is.

Features
Sewer
Address Map
State:
FL
County:
Broward
City:
Fort Lauderdale
Zipcode:
33315
Street:
638 Sw 4th Avenue, Fort Lauderdale, Florida 33315
Longitude:
W81° 51' 10.6''
Latitude:
N26° 6' 50.3''
MLS Addon
Cumulative DOM:
160
DOM:
160
Elementary School:
Croissant Park
Exterior Features
Internet Address Display:
1
Internet Listing Display:
1
Lot Features
Parcel Number:
504210015132
Subdivision Name:
FT LAUDERDALE B-40
Tax Annual Amount:
$9,224
Utilities
Virtual Tour:
Click Here

Land For Sale

638 Sw 4th Avenue, Fort Lauderdale, Florida 33315, Fort Lauderdale, Florida 33315

6,250 Sqft
$1,350,000
MLS # #B26021643
Basic Details
Property Type :
Land
Listing Type :
For Sale
Price :
$1,350,000
Lot Area :
6,250 Sqft
MLS # :
B26021643
Agent info
Contact Agent