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605-705 SE 21st St - Harbordale Luxury Townhome Site 0.95 Acres of Residential Land Offered at $4,700,000 in Fort Lauderdale, FL 33316
Investment Highlights
- Fully approved and shovel ready for the development of 19 fee simple luxury townhouses
- Close to downtown, the FLL Airport, Port Everglades and the Fort Lauderdale Beach area.
- Nearby amenities include Publix , Whole Foods , TJ Maxx, , Ross Stores as well as multiple other retail and restaurants
- Highly desirable SE Fort Lauderdale infill location east of US 1
- Immediate area undergoing new upscale development of residential and commercial projects
Executive Summary
Fully approved and permit ready for the development of 19 luxury townhouses with individual fee ownership at this prime infill location. Construction and engineering documents are fully approved and project is shovel ready. All of the units are 3 BR/ 3 BA with two car garages and range from 2,186 SF to 2,657 SF. Property is located just south of SE 17th Street Causeway and East of US 1, close to the FLL Airport , Port Everglades, downtown Fort Lauderdale as well as the Fort Lauderdale beach area. The 17th Street Causeway area contains multiple shopping, dining and entertainment areas as well as being the heart of the Yachting Capital of the World. . New construction townhouses in the immediate area are selling in the $1.3 million range . Walking distance to the top rated Harbordale Elementary School. Immediate area redevelopment includes multiple new midrise apartments, new retail and hotel development.
Property Facts
| Price | $4,700,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Residential |
| Sale Condition | Redevelopment Project | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 0.95 AC |
| Zoning | RMM-25 - resi multifamily | ||
| Price | $4,700,000 |
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.95 AC |
| Zoning | RMM-25 - resi multifamily |
1 Lot Available
Lot
| Price | $4,700,000 | Lot Size | 0.95 AC |
| Price Per AC | $4,947,368.42 |
| Price | $4,700,000 |
| Price Per AC | $4,947,368.42 |
| Lot Size | 0.95 AC |
Property consists of 3 cleared lots fronting on SE 21 Street and 2 lots fronting on SE 20 Street that are contiguous to one another. Total size of the combined parcels is approximately.95 acres. Property is zoned RMM- 25 and is site plan approved
Description
Fully approved development site for 19 luxury townhouses in Harbordale area.
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Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $2,076,450 | Total Assessment | $2,076,450 |
Property Taxes
Parcel Numbers
Land Assessment
$2,076,450
Improvements Assessment
$0
Total Assessment
$2,076,450
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