MLS # :A11627630 |
Price :$5,999,900 |
Status :
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Listing Date :Jul 22, 2024 |
Square Footage :Not Available |
County :Broward County |
Square Footage :Not Available |
Year Built :1936 |
Taxes :$38,334 Per Year |
Waterfront :No |
Virtual Tour : |
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Remarks :Seller Financing is Available for this Prime development opportunity in an Opportunity Zone! **Zoning:** Flexible mixed-use zoning allows for various uses, including hotels, commercial, and residential, with potential for up to 5 stories and 79,683 SF. **Growth Potential:** Surrounded by high-rise buildings and mixed-use projects. **Development Opportunity:** Ideal for developers to generate income from office or retail tenants during planning and approval. Proforma income of $230,000 with a total built area of 10,115 sq ft. **Parking:** 30 spaces with a ratio of 3 per 1,000 sq ft. **Location:** Prime frontage on US-1 with 44,000 VPD, providing excellent exposure and signage opportunities. |
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