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    1795 8Th Ave Fort Lauderdale, FL 33311

    For Sale
    $1,200,000

    Prime 14,248 sq ft lot, high-growth area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 14,248 square foot lot at 1795 NW 8th Ave, Fort Lauderdale, Florida, presents a unique investment opportunity. Located in Broward County, zip code 33311, this property offers significant potential for redevelopment. Its strategic location, minutes from Downtown Fort Lauderdale and the Sistrunk district, provides easy access to major highways. The property's versatility allows for various development options, including mixed-use, residential, or commercial projects. Alternatively, the existing lot can be immediately utilized as a parking facility, generating immediate income. The high demand and long-term value are ensured by its proximity to Fort Lauderdale's vibrant cultural, business, and residential centers. The asking price for this prime piece of land is $1,200,000. This is a rare chance to capitalize on a high-growth area and secure a strong return on investment. The property is classified as industrial and specifically as a warehouse.

    Property Features for 1795 8Th Ave

    General Information

    Property type
    Distribution properties

    HighLights

    • $1,200,000 asking price.
    • 14,248 sq ft lot in Fort Lauderdale, FL.
    • Located in a high‑growth area near Downtown Fort Lauderdale and major highways.
    • Exceptional redevelopment opportunity for mixed‑use, residential, or commercial projects.
    • Potential for immediate income generation as a parking facility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    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
    -80.153559
    Latitude
    26.1504109

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    FAQs

    What type of property is this?
    Distribution property - Prime 14,248 sq ft lot, high-growth area.
    Where is this distribution property located?
    The property is located at 1795 8Th Ave Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: $1,200,000 asking price.; 14,248 sq ft lot in Fort Lauderdale, FL.; Located in a high-growth area near Downtown Fort Lauderdale and major highways.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1795 8Th Ave Fort Lauderdale, FL 33311
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