Address
2681 SW 7th St Fort Lauderdale, FL
Price
$ 139,900
Property Attributes
  • MLS#F10149394
  • TypePending
  • CountyBROWARD
  • CityFort Lauderdale
  • AreaFt Ldale SW
  • NeighborhoodLast Chance Village
  • Zip33312
  • StyleZoned Multifamily
  • Taxes$ 544
  • Price$ 139,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size10,890 SqFt
Listing Provided Courtesy Of:
Bank On It Realty
Data Source:
Beaches MLS - 46 - FL
Property Description

Builders Dream! Money in this land! Here you have an opportunity to build a 5plex or more! Several options of building! Opportunity is knocking! Build 5 units on this lot or order a severance and build higher! If you build 5 Units. Average Rent is $1.245 Per unit. 5 X $1,245 = $6225. Base on the 10% rule the property is valued at $622,500!! NOT Including equity from the area! Buy lot for $159,900, build for $200,000 = $365,000!! Instant Equity of over $265,000!!! One can argue that the property value will be worth over $800,000 based on cap rate and area. Up to buyer and buyers agent to do your own diligence. Survey and soil test attached.

Price History
11/9/2018 Listed $159,900
2/4/2019 13% - $139,900

General Features

Approximate Lot Size 10000
Area 3570
Building Includes None
DOM 151
Development Undeveloped
Property Sq Ft 10000
Property Type Residential Land/Boat Docks
Styleof Property Zoned Multifamily
Subdivision Complex Bldg LAST CHANCE VILLAGE
Subdivision Name LAST CHANCE VILLAGE
Township Range 50
Type of Property Other
Type of Trees Other Trees
Usage Description Other Usage
Zoning Information Rm25

Interior Features

Internet Yn Yes

Exterior Features

Acres 0.2500
Front Exposure South
Lot Sq Footage 10000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 33312

Price
AVG $480K
$140K
Taxes
AVG $3,281
$544
Visits
AVG 111
213
Walkscore
AVG 51
79
Data Provided by Walkscore ® not using MLS data

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