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    2850 NE 32nd St

    Fort Lauderdale, FL 33306
    • $2,499,999
    • STATUS: Active
    • ON SITE: 124 days
    • MLS #: A11021378
    UPDATED: 44 min ago
    $2,499,999
    • 0
      BEDS
    • 0.55
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    Prime location and Prime Development Opportunity. Build 10 townhouses in this premium area. 0.54AC lot. Based on feasibilty study the project appears feasible under the market-justified cost and revenue assumptions and with the preliminary development concept in mind. Scenario reflecting preliminary concept drawings achieves levered IRR of 41% with land acquisition price of $ 2,000,000 as indicated by investor. It is recommended to develop parcel simultaneously without phasing the 10 townhouses project.

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    Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2021-08-03T13:43:34.97.
    www.thepaizgroup.com/homes/115645315
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    2850 NE 32nd St Fort Lauderdale, FL 33306

    • Price: $2,499,999
    • Status: Active
    • Updated: 44 min ago
    • MLS #: A11021378
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.55
    Acres
    Neighborhood:
    Coral Ridge Galt Add 3
    County:
    Broward
    Area:
    Coral Ridge Galt Add 3
    Property Description
    Prime location and Prime Development Opportunity. Build 10 townhouses in this premium area. 0.54AC lot. Based on feasibilty study the project appears feasible under the market-justified cost and revenue assumptions and with the preliminary development concept in mind. Scenario reflecting preliminary concept drawings achieves levered IRR of 41% with land acquisition price of $ 2,000,000 as indicated by investor. It is recommended to develop parcel simultaneously without phasing the 10 townhouses project.
    Exterior Features

    Direction Faces North Fencing Fenced Lot Features 1/2 To Less Than 3/4 Acre Lot Other Structures None Pool Private YN No Road Responsibility Public Maintained Road Road Surface Type Paved View YN No Waterfront YN No

    Property Features

    Additional Parcels YN Yes Association YN No Building Name Coral Ridge Galt Add 3 Horse YN No Internet Address Display YN Yes Internet Automated Valuation Display YN Yes Internet Entire Listing Display YN Yes Listing Terms All CashConventionalWill Rent New Construction YN No Property Sub Type Residential Public Survey Section 24 Senior Community YN No Structure Type Residential Tax Annual Amount 5334 Tax Year 2020

    Listing courtesy of Vera Realty Llc.


    Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2021-08-03T13:43:34.97.
     
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    The Paiz Group | EWM Realty International
    1700 East Las Olas Boulevard Suite 103
    Fort Lauderdale FL, 33301