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818-824 NE 4th Ave
Fort Lauderdale, FL 33304
Development Site · Land For Sale · 1.40 AC

Property Facts

Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units - Condo
Total Lot Size 1.40 AC
No. Stories 1
Zoning RAC-UV - mixed use

Description

Development Opportunity in the Flagler Village - under the Flagler Village Master Plan; CRA - located just a few blocks North of Downtown / Las Olas Blvd and Holiday Park. Zoned RAC-UV (Near Downtown) it is primed for a Mid to Hi Rise apartment development from 12 - 30 stories, estimated at about 180 - 350+/- units. Its proximity to downtown and the related activity allow for an abundant demand for housing of all types. In addition to sale, ownership could be open to Land Lease or Exchange. The photo is of a conceptual rendering of a Hi-Rise development for 300-350 units; and activity based usage at ground level. Mid-Rise project could yield a potential for 180-200 units. Progresso Resub in Flagler Village is about 8 blocks North of Downtown Fort Lauderdale and 2 blocks sounth of Sunrise Blvd midway between Federal Highway and Andrews Avenue. This is in the CRA boundaries and could have financial incentives to those who develop within the area. The downtown WAVE transportation hub is about 4 blocks away. The WAVE has currently designed for connections to the Downtown; Courthouse; Hospital and the Andrews Ave Retail. There are plans to connect to the Fort Lauderdale Airport. It is also located close to the All Aboard train to central Florida that is currently under construction.

Property Taxes

Property Taxes

Parcel Number
49-42-34-36-0020
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,035,600
  • Listing ID: 3787411

  • Date on Market: 9/24/2016

  • Last Updated:

  • Address: 818-824 NE 4th Ave, Fort Lauderdale, FL 33304

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