Home » Fort Lauderdale » 418 NE 2nd Ave, Fort Lauderdale, FL 33301 | F10437254

418 NE 2nd Ave, Fort Lauderdale, FL 33301 | For Sale

$2,899,000
Price has decreased by $401,000

Property Highlights

Listing ID F10437254 Status of this Listing: Active For Sale Property Type Land Multi Family Lot area 12,750 Sqft/1184.51 m2 approx. Seller considers Owner Financing Time of this property on Rebonus 143 Day(s)
23 Photos of this Property

418 NE 2nd Ave, Fort Lauderdale, FL 33301

Property Description: Exceptional development opportunity in the heart of Flagler Village, one of the most sought-after neighborhoods in the United States. This rare gem presents a vacant lot spanning 100 ' x 127.5 ', boasting convenient alley access for versatile development possibilities. Zoned RAC-CC (Residential Activity Center - Central City), this prime parcel offers immense potential for lofts or condos. Either 24 units can be developed with ground level parking only (8 levels), or up to 53 units by adding an above and below ground parking system (30 plus levels). Flagler Village is renowned for its vibrant community, bustling with art, culture, and a thriving urban atmosphere. Situated in a top-rated neighborhood, this property is primed to capitalize on the burgeoning demand for urban living spaces.

Land Multi Family For Sale located at 418 NE 2nd Ave Fort Lauderdale FL 33301 in Broward County referenced as ID MLS # F10437254. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.

Useful Info

Previous Asking Price:$2,999,000
Original List Price:$3,300,000

Business Info

Gross Scheduled Income:0

Land Lot (Parcel) Details

Number of Lots:1
Lot Size Acres:0.29
Lot Features:
  • <1 Acre
  • Interior Lot
  • City Lot
  • Central Business District
Lot Size Unit:Square Feet

Property Features

Waterfront:No
Vegetation:
  • Grassed
Road Responsibility:
  • Public Maintained Road

Taxes and Expenses

Tax Annual Amount:$33,535

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Owner May Carry (Owner Financing, The Seller may be interested in carrying the mortgage note)
Buyer Possession:
  • Closing & Funding
  • Close Of Escrow
Lease Considered:No

Community

Road Surface Type:
  • Paved
Subdivision Name:North Lauderdale Amd
Senior Community:No
Restrictions:No Deed Restrictions

Parking

Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
  • Other
Utilities Available:
  • Cable Available
  • Electricity Available
  • Natural Gas Available
  • Sewer Available
  • Water Available
  • Trash Collection
Water Source:
  • Public

More Details

Other Information:
Data exchange original Listing Number: F10437254

Zoning and Legal

Tax Legal Description:NORTH LAUDERDALE AMENDED PLAT 1-182 D LOT 16,17 BLK 29
Real Estate Folio Number (Parcel Number):504203022220
Zoning Description:RAC-CC
Public Survey Township:5042
Public Survey Section:3
Title to the property is held by owner as:
  • Partnership

Listing History

Update/EventDate/Days
Published Date:April 30, 2024 8:26 pm
On Market Date:April 30, 2024
Listing Contract Date:April 30, 2024
Price Change Date Time:July 24, 2024 8:17 am
Last Important Update Description:Price Change
Date and Time of Last Important Update:July 24, 2024 8:17 am
Status Last Changed:April 30, 2024 8:26 pm
Photos Last Modified:July 10, 2024 5:23 pm
Last Modified:July 24, 2024 12:18 pm
Days on the Market Reference Date:July 24, 2024
Days on the Market (updated on Last Modified*):85
Cumulative Days on the Market (updated on Last Modified**):85

Additional Information

Lot Size Range:Less Than 1 Acre,
Number of Photos Count:23
Geographical Area:Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)
Area:3700
Ref ID:1073169657
Automated Valuation Display:Yes
Courtesy of:Flagler Duval
Universal Property Id:US-12011-N-504203022220-R-N

Location

Show Property Address:Yes
Street Name:2nd Ave
Street Number:418
Street Direction Prefix:NE
Street Address:418 NE 2nd Ave
City : Fort Lauderdale
State : Florida
Zip Code : 33301
County : Broward County
Full Address:418 NE 2nd Ave, Fort Lauderdale, FL 33301
Latitude:N26° 7' 36.1''
Longitude:W81° 51' 30.6''

Neighborhood

Postal City:Fort Lauderdale

Property Map