Active
Private Address
$5,999,900
$599.09 per sqft
Active
10,015 sqft
Commercial
Built in 1936
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.
A11627630
MLSⓇ ID
July 22, 2024
Listed
August 30, 2024
Updated
Map
Private Address
Interior Features
Total Stories
2
Fireplace
No
Cooling
Yes
Cooling Description
Central Building A/C
Heating
Yes
Heating Description
Central Electric, Central Building A/C
Exterior/Building Features
Lot Size
0.61 Acres
Lot Features
Central Business District, City Location, Corner Lot
Sewer
Public Sanitation
Other Property Details
Taxes
$38,334
Tax Frequency
Annually
Days on Market
39
Garage
No
Parking
Free Parking, On Street
Parking Total
35
View
No
County
Broward County
Water Source
Public
Pool
No
Zoning
FH-2
Listed by: Rise Realty
Listing Contact: 305-720-7925
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Data last updated 5:49 PM UTC, 8/30/2024.