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833-839 NW 12th Ave - Fort Lauderdale Vacant Lot Perfect for 4plex 0.21 Acres of Residential Land Offered at $549,999 in Fort Lauderdale, FL 33311

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Investment Highlights

Located within a federally designated Opportunity Zone offering potential tax benefits.

Minutes from Progresso and Sistrunk neighborhoods experiencing significant revitalization.

Executive Summary

Approved plans for a fourplex are already in place, enabling a streamlined path to construction without delays. With its strategic placement near major redevelopment areas such as Progresso and Sistrunk, the site benefits from strong rental demand and consistent appreciation trends.

Property Facts

Price	$549,999	Property Subtype	Residential
Sale Type	Investment	Proposed Use	Multifamily Apartment Units
No. Lots	1	Total Lot Size	0.21 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	RMM-25 - Multifamily RMM 25 Approved Plans for Fourplex

Price	$549,999
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Multifamily Apartment Units
Total Lot Size	0.21 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	RMM-25 - Multifamily RMM 25 Approved Plans for Fourplex

1 Lot Available

Lot

Price	$549,999	Lot Size	0.21 AC
Price Per AC	$2,669,898.06

Price	$549,999
Price Per AC	$2,669,898.06
Lot Size	0.21 AC

This shovel-ready property offers a rare opportunity for residential investors and developers in Fort Lauderdale’s rapidly growing corridor.

Description

Located within the Durrs neighborhood, the 0.21-acre parcel is zoned RMM-25, allowing for multifamily development. The property sits in an Opportunity Zone, providing qualified investors with potential tax incentives that enhance overall returns. Its central location ensures convenient access to Downtown Fort Lauderdale, I-95, and Fort Lauderdale-Hollywood International Airport, connecting residents to employment hubs, retail destinations, and entertainment venues in minutes. With housing demand surging in Broward County, this parcel presents a compelling opportunity for developers looking to capitalize on sustained urban growth.

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