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Progresso Village Land Assembly 4 Specialty Properties Offered at $4,500,000 in Fort Lauderdale, FL
Executive Summary
Prime development opportunity in a rapidly growing Progresso Village. This assemblage is DRC fully approved for the construction of 15 townhomes, offering a rare chance to purchase an approved project in a market experiencing significant growth and redevelopment.
The existing rental properties generate immediate income and steady cash flow improving your overall return during the transition period.
Walking distance to THRIVE and surrounded by major projects in Progresso Village and Fat Village. This location is quickly becoming sought-after for redevelopments.
Currently 4 lots; 3 single family homes and 1 Duplex, all rented.
Total Land: 27,000 SF
The existing rental properties generate immediate income and steady cash flow improving your overall return during the transition period.
Walking distance to THRIVE and surrounded by major projects in Progresso Village and Fat Village. This location is quickly becoming sought-after for redevelopments.
Currently 4 lots; 3 single family homes and 1 Duplex, all rented.
Total Land: 27,000 SF
Property Facts
| Price | $4,500,000 | Number of Properties | 4 |
| Price / SF | $1,184 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 3,801 SF |
| Status | Active | Total Land Area | 0.62 AC |
| Price | $4,500,000 |
| Price / SF | $1,184 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 3,801 SF |
| Total Land Area | 0.62 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 812 NW 4th Ave, Fort Lauderdale, FL 33311 | Specialty | 1,399 SF | 1974 | - |
| 824 NW 4th Ave, Fort Lauderdale, FL 33311 | Specialty | 852 SF | 1954 | - |
| 820 NW 4th Ave, Fort Lauderdale, FL 33311 | Specialty | 779 SF | 1953 | - |
| 816 NW 4th Ave, Fort Lauderdale, FL 33311 | Specialty | 771 SF | 1958 | - |
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XP Management LLC
Progresso Village Land Assembly
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