Bought with Realty Investments Group LLC
$325,000
$299,000
8.7%For more information regarding the value of a property, please contact us for a free consultation.
1240 NE 17th AVE Fort Lauderdale, FL 33304
8,740 Sqft Lot
Key Details
Sold Price $325,000
Property Type Single Family Home, Vacant Land
Sub Type Single Family Detached
Listing Status Sold
Purchase Type For Sale
Subdivision Lake Ridge
MLS Listing ID RX-10552000
Annual Tax Amount $898
Tax Year 2017
Lot Size 8,740 Sqft
Property Description
As one of the last available lots in the area, this is a rare opportunity to become a land owner and developer of this prime location in Lake Ridge, nested near single and multi-family community. This land is zoned RC 15 for multi-family residential builds. Located across street from Sunrise Middle School, 4 blocks from Federal Hwy, close to Victoria Park and Flagler Village.This corner lot 1240 NE 17th Ave measures 65,33' x 135' asking $299,000. The adjacent lot 1238 NE 17th Ave measures 54.67' x 135' is also for sale asking $299,000. You can buy both for $590,000 Seller has development plans for 2 duplexes that can be provided as part of the deal. New build townhouses above 2,500 sqft were sold for above $670K per townhouse in that area.
Location
State FL
County Broward
Area 3370
Zoning RC-15
Exterior
Utilities Available None
Waterfront No
Exposure E
Building
Lot Description < 1/4 Acre, West of US-1
Story 135.00
Schools
Elementary Schools Bennett Elementary School
Middle Schools Sunrise Middle School
High Schools Fort Lauderdale High School
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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