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    2720 Federal Hwy Fort Lauderdale, FL 33316-4020
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    Property profile & analytics

    2720 Federal Hwy, Fort Lauderdale, FL 33316-4020

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    • Parking lots & garages
    • 0.68 lot acres
    Off-Market
    Last Sale Nov 15, 2024
    $650,000
    Property ID
    US18-5801829
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $650,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Blue Danube Spa / Alternative Medicine Practice / Spa & Massage Center

    Property Details for 2720 Federal Hwy

    Year built
    2011
    Lot size
    0.68 lot acres
    Zone code
    IM-3
    Property type
    Parking lots & garages
    APN
    50-42-23-32-0010
    APU
    504223320010

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 15, 2024 $650,000 Scadd LLC Ds Realty INC Warranty Deed —
    Apr 26, 2010 — Ds Realty INC Bernard,gregg E Coc Trustees Deed · related —
    Nov 25, 2006 — Owner Name Unavailable Owner,record Quit Claim Deed · related —
    May 5, 2005 $3,200,000 Dv8 INC J & B Investments Warranty Deed $1.6M · Bank Of America/il
    — — Ds Realty INC — Deed Of Trust · related $3.3M · Bank Leumi USA

    Description

    This exceptional 29,437 square foot commercial land parcel presents a unique investment opportunity in Fort Lauderdale. Ideally situated at 2720 South Federal Highway, this single-tenant property boasts unparalleled visibility and accessibility. Currently utilized as a paved and fenced parking lot, the site offers immediate usability and significant development potential. Its strategic location adjacent to Hollywood International Airport ensures high traffic volume and convenient access to and from Federal Highway, a major thoroughfare. The property's size and location make it suitable for a wide range of commercial uses, from expanding existing businesses to developing new ventures. The completely paved and fenced nature of the land minimizes upfront development costs and allows for immediate occupancy. This is a rare opportunity to acquire a prime commercial land parcel in a high-demand location with excellent visibility and convenient access to major transportation routes. The property's existing infrastructure, including paving and fencing, further enhances its appeal and reduces the burden of initial site preparation. Investors and developers alike will appreciate the potential this site offers for significant return on investment. Serious inquiries are encouraged to explore the possibilities of this exceptional property.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $650,000
      ML approach
      $650,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1356
    Latitude
    26.0893
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $19,197
    $1,324,670
    $44,400
    $1,369,070
    -
    $1,324,670
    $44,400
    $1,369,070
    More about this property
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