2795 15Th St Fort Lauderdale, FL 33304
This exceptional 0.4-acre lot in Fort Lauderdale's desirable Coral Ridge neighborhood presents a unique investment opportunity. Boasting 279 feet of waterfront, it offers breathtaking Intracoastal and Birch State Park views. Zoned RMM25, this property allows for a variety of uses, including single-family homes, duplexes, townhomes, and multi-family dwellings, with a maximum height of 55 feet. Preliminary studies have already explored the potential for four luxury townhomes or six luxury condos, showcasing the versatility of this site. The location is unparalleled, offering easy access to beaches, downtown Fort Lauderdale, shopping, and restaurants. The property's central location on the east side of town, combined with its zoning and stunning waterfront views, makes it a truly exceptional development opportunity. The APN is 494236021700. Asking price is $5,495,000.
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
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