418 2Nd Ave Fort Lauderdale, FL 33301
- Mixed-use properties
- 12,752 SF
- 0.29 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 418 2Nd Ave
- Lot size
- 0.29 lot acres
- Property size
- 12,752 SF
- Property type
- Mixed-use properties
- Property subtype
- Apartment buildings
Description
This exceptional redevelopment opportunity in Fort Lauderdale's Flagler Village presents a 0.29-acre vacant lot (100' x 127.5') zoned RAC-CC, allowing for up to 53 residential units. Located at 418 NE 2nd Ave, 33301, this property boasts convenient alley access, ideal for versatile development plans. The asking price is $2,999,000, translating to $235.18 per square foot for the 12,752 square foot site. Flagler Village's vibrant atmosphere, thriving arts and culture scene, and high demand for urban living make this a compelling investment. The property's prime location within a sought-after neighborhood ensures strong potential returns for mixed-use or multifamily development. The Broward County parcel number is 504203022220. This is a rare chance to capitalize on the burgeoning growth and desirability of this dynamic urban area. The site's dimensions and zoning provide significant flexibility for a developer seeking to create a high-impact project. This is a truly unique opportunity to build in one of the most exciting neighborhoods in the United States.
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
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.1414
- Latitude
- 26.1267
