Fort Lauderdale Luxury & Waterfront Homes

1102 NW 6th St

Fort Lauderdale, FL 33311

MLS#: A12028828

$850,000

Status: Active
Listing number: A12028828
Listing provided by: United Realty Group Inc.
Listing agent phone: None
Last update: a month ago
On site: a month ago
Browse Properties
TUSKEGEE PARK - Land

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

None

Lot size

0.1456 acres

Excellent opportunity for builders, investors, looking to develop on rapidly developing Sistrunk Blvd. one of Fort Lauderdale upcoming and major developing area. Potential to receive hundreds of thousand from CRA. Included plans for 10 residential units and one ground level commercial unit. The lot is located, minutes to the beach, Las Olas, downtown Fort Lauderdale, top dining, shopping malls and mayor Highways.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.1456

  • Lot Size(square feet)

    6,342

  • Property Type

    Land

Price

  • Sales Price

    $850,000

  • Tax Amount

    $4,215

  • Zoning

    NWRAC-MU

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

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Location

County

Broward

Elementary School

Middle School

High School

Listing Courtesy of Ricardo Beilmann , United Realty Group Inc.

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Agent Jarrod Gaylis

Realtor

Jarrod Gaylis

Call Jarrod today to schedule a private showing.

(305) 790-0199

jgaylis@perfectpropertiesfl.com


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Excellent opportunity for builders, investors, looking to develop on rapidly developing Sistrunk Blvd. one of Fort Lauderdale upcoming and major developing area. Potential to receive hundreds of thousand from CRA. Included plans for 10 residential units and one ground level commercial unit. The lot is located, minutes to the beach, Las Olas, downtown Fort Lauderdale, top dining, shopping malls and mayor Highways.

1102 NW 6th St

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Related Properties

Rare development opportunity in the rapidly growing Sistrunk Blvd corridor! Two adjacent lots under the same ownership are offered together for sale. The corner lot at 2360 NW 6th St is approximately 9,909 SF, and the neighboring lot at 2317 NW 6th St is approximately 5,103 SF, totaling about 15,012 SF. This assemblage offers excellent multifamily and mixed-use development potential in one of Fort Lauderdale’s fastest-growing redevelopment areas. Conceptual plans may allow a modern 3-story multifamily project with up to 15 large 1-bedroom units with dens designed for today’s rental market. Nearby luxury rental projects continue driving area growth, with comparable 1-bedroom rentals leasing around $2,200-$2,500 per month depending on unit size and amenities. Based on projected rents, estimated gross annual rental income for a completed 15-unit project could range from approximately $396,000-$450,000 before expenses. Estimated construction costs may range from approximately $225-$300 per SF depending on design, parking, finishes, and construction type. Zoned NWRAC-MUw for multifamily and mixed-use development, the property is surrounded by redevelopment, luxury rentals, and new construction projects. Conveniently located minutes from Downtown Fort Lauderdale, Las Olas, Brightline, I-95, shopping, dining, entertainment, and Fort Lauderdale beach. Located in an Opportunity Zone with potential long-term investment benefits.
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