1501 26Th Ave Fort Lauderdale, FL 33304
This exceptional 1.935 million dollar investment opportunity presents a rare chance to acquire a prime parcel of land in Fort Lauderdale's desirable Wilton Manors area. The property, located at 1501 NE 26th Ave, boasts an existing triplex, providing immediate income potential. The location offers unparalleled convenience, with close proximity to Las Olas Boulevard, the beach, a vibrant array of restaurants and shopping, and abundant entertainment options. Adding to its appeal, the property includes an in-progress residential construction project featuring two duplexes (four units total). Each duplex unit is planned for four bedrooms, four bathrooms, and approximately 4,000 square feet of living space, spread across three levels. This presents a unique opportunity for developers and investors to capitalize on the strong demand for housing in this area, completing the project to their specifications and realizing a high return on investment. The property's excellent visibility and accessibility further enhance its value. Don't miss this chance to acquire a truly unique and lucrative investment property in a highly sought-after Fort Lauderdale location. The property is zoned for residential use and is situated in Broward County, Florida, zip code 33304.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.