$23,000
$27,500
16.4%For more information regarding the value of a property, please contact us for a free consultation.
2124 NW 8th St Fort Lauderdale, FL 33311
5,668 Sqft Lot
Key Details
Sold Price $23,000
Property Type Commercial
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Subdivision Washington Park 19-22 B
MLS Listing ID F10055085
Annual Tax Amount $216
Tax Year 2016
Lot Size 5,668 Sqft
Property Description
Build up to 4 units! Pay under $7k per unit for the land! There is no multifamily lot in Broward County available for under $7k per unit for the land! 3 min to i-95, 10-15 min to downtown/beach/airport! 2-3 bed/1 bath units rent for an average of $1,300 in the area; new construction will rent for more! Build 750 sqft units at $100 per sqft and earn 18%+ cap rate! The only recently sold lot in the area, sold for $41k; this lot was around 1k sqft smaller than 2124 NW 8th St and only buildable for 1 unit!
Location
State FL
County Broward County
Area Ft Ldale Nw(3390-3400;3460;3540-3560;3720;3810)
Zoning RMM-25
Exterior
Utilities Available Cable Tv, Electric, Gas, Other Utilities Available, Phone Line, Trash Removal, Underground Utilities
Water Access N
Building
Lot Description Less Than 1 Acre
Sewer Public Sanitation
Water Municipal Water
Others
Acceptable Financing Cash, Joint Venture, Owner Financing
Listing Terms Cash, Joint Venture, Owner Financing
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