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    1955 29Th Ave Fort Lauderdale, FL 33312

    For Sale
    $3,200,000

    11 Exclusive Townhouses in Fort Lauderdale

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional development opportunity, known as The Mansions at Riverland, presents an unparalleled investment prospect in Fort Lauderdale, Florida. Located at 1955 SW 29th Ave, in Broward County, zip code 33312 (26.0971289, -80.1828831), this DRC-approved project offers 11 luxurious, two-story townhouses. Each residence boasts 4 bedrooms, a den, 3 bathrooms, and a 2-car garage. A key feature is the inclusion of a private pool for each of the 11 units, enhancing the exclusivity of this gated community. The homes offer elegant living spaces ranging from 2,607 to 3,003 square feet of under-air space. The property is situated in a desirable, up-and-coming area, conveniently close to Fort Lauderdale Airport, the Hard Rock Casino, and Las Olas Boulevard. Its proximity to a local park and an outstanding school further enhances its appeal. The asking price for this entire development is $3,200,000, representing a significant opportunity for investors seeking high-end, luxury properties in a prime Fort Lauderdale location. This is the only approved development opportunity in the area, making it a truly unique investment proposition.

    Property Features for 1955 29Th Ave

    General Information

    Property type
    Specialty properties

    HighLights

    • DRC‑approved development opportunity in Fort Lauderdale, FL.
    • 11 luxury two‑story townhouses, each with 4 bedrooms, a den, 3 bathrooms, and a 2‑car garage.
    • Each townhouse features a private pool.
    • Under‑air living space ranges from 2,607 to 3,003 square feet.
    • Located at 1955 SW 29th Ave, Fort Lauderdale, FL 33312, near Fort Lauderdale Airport, Hard Rock Casino, and Las Olas Boulevard.
    • Asking price: $3,200,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -80.1828831
    Latitude
    26.0971289

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    FAQs

    What type of property is this?
    Specialty property - 11 Exclusive Townhouses in Fort Lauderdale
    Where is this specialty property located?
    The property is located at 1955 29Th Ave Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: DRC-approved development opportunity in Fort Lauderdale, FL.; 11 luxury two-story townhouses, each with 4 bedrooms, a den, 3 bathrooms, and a 2-car garage.; Each townhouse features a private pool.
    Request Owner's contact information
    1955 29Th Ave Fort Lauderdale, FL 33312
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    Fort Lauderdale, FL 33312
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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
    1955 29Th Ave Fort Lauderdale, FL 33312
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