76Th Ave Davie, FL 33314
- Land
- 2.24 lot acres
Current Use by Public Records
- Land
Property Details for 0 76Th Ave
- Lot size
- 2.24 lot acres
- Property type
- Land
Description
This exceptional 2.24-acre residential land parcel in Davie, Florida, presents a compelling investment opportunity. Located on SW 76th Ave, just off Griffin Road, the property boasts A-1 zoning, permitting the immediate construction of two single-family homes (one per acre). However, the potential extends beyond this immediate use. Future rezoning to R-5 could unlock the development of 6-7 larger single-family homes, each potentially ranging from 3,500 to 4,000 square feet of living space. This prime location offers significant advantages, situated only one block from Spykes Grove, a recently approved D.R. Horton development comprising 86 homes. Adding further value, a 0.75-acre canal directly in front of the property is included in the sale. The property's location in a rapidly growing area of Davie, Florida, ensures strong long-term investment potential. The asking price is $1,500,000, translating to approximately $669,642.90 per acre. This represents a unique opportunity to acquire a substantial land holding in a highly desirable and rapidly developing residential area. The property's address is SW 76th Ave, Davie, FL 33314, in Broward County.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Davie
- County
- Broward
- State
- Florida
- Longitude
- -80.2482
- Latitude
- 26.0626
