801 Andrews Ave Fort Lauderdale, FL 33311
- Retail residential properties
- 12,202 SF
- 0.71 lot acres
Current Use by Public Records
- Retail residential properties
Property Details for 801 Andrews Ave
- Year built
- 1973
- Construction
- CONCRETE
- Lot size
- 0.71 lot acres
- Property size
- 12,202 SF
- Zone code
- NWRAC-MUNE
- Property type
- Retail residential properties
- APN
- 49-42-34-06-3050
- APU
- 494234063050
Description
This exceptional 101,998 square foot development site in Fort Lauderdale's vibrant Flagler Village is offered at $15,900,000. Recently rezoned NWRAC-MUne, it allows for the construction of a 120-foot-high building with an estimated 450 units. The highly efficient 2.34-acre lot (approximately 400 x 255 feet) presents a unique opportunity for high-density development. The site's prime location directly adjoins Flagler Village, Fort Lauderdale's most sought-after neighborhood, with surrounding new developments underway. The existing structures, including an office building (to be delivered vacant), a car dealership (to be delivered vacant), and fully occupied multifamily apartment buildings (totaling approximately 23,149 square feet), provide potential income during the pre-construction phase. A massing study is available. Permitted uses include multi-family, hotel, retail, office, and restaurant. Seller financing is available. This is an unparalleled opportunity to create a landmark project in Fort Lauderdale's downtown core. The estimated density is 450 units, with an asking price of approximately $35,000 per unit. The site's address encompasses 801, 816, and 823 N Andrews Ave, Fort Lauderdale, FL 33311, within Broward County.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.1445
- Latitude
- 26.1335
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA