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420-440 South State Road 7 Fort Lauderdale, FL 33317

For Sale
$8,490,000

2.78 acres suitable for redevelopment with proposed 250 units.

Property size:
11,000 SF

Property Features for 420-440 South State Road 7

General Information

Size
11,000 SF

Source: Ron Osborne Agent Ron Osborne

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Plantation Redevelopment Opportunity

This 2.78-acre site, currently operating as a large used car dealership, presents a redevelopment opportunity in Plantation, Florida. The rectangular-shaped lot features over 500 feet of frontage along State Road 7. Located within the Gateway district, the City of Plantation is open to assisting developers interested in constructing affordable multi-family housing. Plans propose an 8-story building with 250 units and 4,000 square feet of retail or office space. The existing improvements include 11,000 square feet of office and repair bays spread across 4 buildings. The lot can accommodate approximately 250 cars. The current use is a used car dealership.
Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Fort Lauderdale
County
Broward
State
Florida
Longitude
-80.201664
Latitude
26.124831

FAQs

What type of property is this?
Apartment building - 2.78 acres suitable for redevelopment with proposed 250 units.
Where is this apartment building located?
The property is located at 420-440 South State Road 7 Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $8,490,000.
What are key features of this property?
This property features: - Prime redevelopment opportunity in Plantation, Florida Gateway District.; - City of Plantation is in favor of redevelopment and willing to assist.; - Proposed **250 multi-family units & 4000sf of retail/office space.**
More about this property
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