Address
2681 SW 7th St Fort Lauderdale, FL
Price
$ 139,900
Property Attributes
- MLS#F10149394
- TypePending
- CountyBROWARD
- CityFort Lauderdale
- AreaFt Ldale SW
- NeighborhoodLast Chance Village
- Zip33312
- StyleZoned Multifamily
- Taxes544
- Price$ 139,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size10,890 SqFt
Listing Provided Courtesy Of:
Bank On It Realty
Property Description
Builders Dream! Money in this land! Here you have an opportunity to build a 5plex or more! Several options of building! Opportunity is knocking! Build 5 units on this lot or order a severance and build higher! If you build 5 Units. Average Rent is $1.245 Per unit. 5 X $1,245 = $6225. Base on the 10% rule the property is valued at $622,500!! NOT Including equity from the area! Buy lot for $159,900, build for $200,000 = $365,000!! Instant Equity of over $265,000!!! One can argue that the property value will be worth over $800,000 based on cap rate and area. Up to buyer and buyers agent to do your own diligence. Survey and soil test attached.
| Price History | |
|---|---|
| 11/9/2018 | Listed $159,900 |
| 2/4/2019 | 13% - $139,900 |
General Features
| Approximate Lot Size | 10000 |
|---|---|
| Area | 3570 |
| Building Includes | None |
| DOM | 151 |
| Development | Undeveloped |
| Property Sq Ft | 10000 |
| Property Type | Residential Land/Boat Docks |
| Styleof Property | Zoned Multifamily |
| Subdivision Complex Bldg | LAST CHANCE VILLAGE |
| Subdivision Name | LAST CHANCE VILLAGE |
| Township Range | 50 |
| Type of Property | Other |
| Type of Trees | Other Trees |
| Usage Description | Other Usage |
| Zoning Information | Rm25 |
Interior Features
| Internet Yn | Yes |
|---|
Exterior Features
| Acres | 0.2500 |
|---|---|
| Front Exposure | South |
| Lot Sq Footage | 10000 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 33312
Price
Taxes
Visits
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