This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
247 SW 22nd St
Fort Lauderdale, FL 33315
Land to Develop 4 Townhomes - Fort Lauderdale · Land For Sale
·
0.16 AC
Investment Highlights
- Prime corner lot with rear alley access, ideal for development —enables garage placement off the street, enhancing curb appeal and maximizing front-fa
- Two existing single-family homes (income-producing) Flexible transition period with optional ongoing management
- Minutes to Downtown Fort Lauderdale, Las Olas, Airport, Port and Major Highways
Property Facts
| Property Type | Land | Total Lot Size | 0.16 AC |
| Property Subtype | Residential | No. Stories | 1 |
| Proposed Use | |||
| Zoning | RM-15. - Rm-15. May build four townhomes (buyer to verify) | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.16 AC |
| No. Stories | 1 |
| Zoning | RM-15. - Rm-15. May build four townhomes (buyer to verify) |
Description
Rare corner-lot development opportunity in a prime location! This dual-lot package spans approximately 13,500 sqft and includes two income-producing single-family homes currently operating as successful Airbnb rentals. Zoned for residential redevelopment, the property offers alley access—perfect for adding garages at the rear—making it ideal for building up to four new construction townhomes (buyer to verify). New construction townhomes in the immediate area are selling between $1,100,000 and $1,600,000, offering strong resale potential. While you plan your project, enjoy immediate cash flow with fully furnished, turn-key rentals. The current owner is also open to staying on as a property manager with a 25% stake and minimal fees, ensuring seamless operations during your transition. This is a flexible, income-generating opportunity with major upside—perfect for developers looking to offset holding costs while preparing for their next build.
Property Taxes
| Parcel Number | 50-42-15-01-6090 | Improvements Assessment | $303,240 |
| Land Assessment | $101,250 | Total Assessment | $404,490 |
Property Taxes
