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1415 NE 17 CT

1415 NE 17th Ct, Fort Lauderdale, FL 33305, USA
$750,000

Description

The Poinsettia Multifamily Redevelopment Site sits on 9,644 SF of land and a 1,000 SF 2 bedroom, 1 bathroom single family structure. This is a great opportunity for any investor / developer looking to develop and own mid-density multifamily in the heart of one of the hottest markets in South Florida.

The property is currently inhabited by the Seller and is a 1,000 SF 2 bedroom, 1 bathroom home on 9,644 SF of land. The property is zoned RML-25 (Residential Multifamily Low Rise/Medium High Density District). Zoning allows for single family residences and low-rise multifamily residences and hotel/motels in a manner which ensures, to the greatest extent possible, compatibility with adjacent development and existing residential neighborhoods. Parcels so designated shall serve as a transition from high density multifamily housing and hotel development to single family neighborhoods, and shall be located in proximity to arterial or collector streets or near community facilities, office or commercial development. The RML-25 district has a maximum density of 25 dwelling units per net acre and a maximum density of 30 hotel/motel rooms per net acre, which is consistent with the density permitted by the residential medium high category of the city’s comprehensive plan. By right you can build 5 multifamily units and/or a total 6 hotel / short term rental units. 

PROPERTY OVERVIEW:
LOT SIZE SF: 9,644 SF
BUILDING SF: 1,059 SF
ZONING: RML-25
ALLOWED USES: Residential Dwellings, Lodging, Mixed-Use Development, Public Purpose Facilities, Child Day Care Facilities, and Accessory Uses, Buildings and Structures
ASKING PRICE: $750,000

 

Property Documents

  • City: Ft.. Lauderdale
  • State/county: Florida
  • Country: United States

Detail

Updated on September 10, 2021 at 1:11 pm

  • Price: $750,000
  • Property Size: 1059 Sq Ft
  • Land Area: 9644 Sq Ft
  • Property Type: Land Development, Multifamily
  • Property Status: For Sale

Contact info

Adriano Salucci
Adriano Salucci

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