Fort Lauderdale, FL 33304,1120 NE 15th Ave
Fort Lauderdale, FL 33304,1120 NE 15th Ave
Fort Lauderdale, FL 33304,1120 NE 15th Ave
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$579,900
Est. payment /mo
6,499 Sqft Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Subdivision Progresso

MLS Listing ID A11793354

HOA Y/N No

Annual Tax Amount $2,498

Tax Year 2024

Lot Size 6,499 Sqft

Acres 0.1492

Property Sub-Type Residential

Property Description

This is an exceptional opportunity to acquire a prime piece of land, perfectly situated just north of the highly sought-after Victoria Park area. With the potential to develop two luxury townhomes that are projected to sell between $2.5M-$3M ($1.25M-$1.5M/each). With increasing demand for modern, high-end townhomes in this coveted area, this is a rare chance eto create stunning residences that will appeal to discerning buyers. THE PROPERTY WAS JUST APPRAISED in late December for $700,000. Plans are 85% completed. The entire $32,500 balance to the architect has been paid in full and will be transferred over to the buyer along with all soil reports, arborist reports, engineer reports, etc. All of the pre-development costs have already been absorbed by the seller and will transfer to buyer.

Location

State FL

County Broward

Community Progresso

Area 3380

Exterior

Private Pool Yes

Building

Faces West

Others

Tax ID 494234043480

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11793354


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Miami Association of Realtors (SEFMIAMI MLS)
Listed by BrokerNation Real Estate
Monica Cataluña, CCIM

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

1655 N Commerce Parkway, Suite 204, Weston, Florida, 33326, United States

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1120 NE 15th Ave