A backup offer is when a home seller has accepted an offer from a buyer, but is still accepting offers from other buyers. Sellers state that they are accepting backup offers if they think the current offer may fall through.
Size: 1.14 Acres (4,596 m2)
Price: $1,043,860/Acre ($259/m2)
Type: Land
MLS Number: F10523612
On Site: 222 Days
Updated: 19 Days ago
Page Views: 0
Motivated Seller|quick Closing: 1.135 Acre Land/development Site! Plans Designed For Live Local Act & Consist Of Approx. 65,000 +/- Sqft Building Area, Including 84 Units (33 At Affordable Housing, 51 At Market), & 50% Of The 1st Floor Would Be Commercial. Project Offers 140 Parking Spaces (14 At Surface & 126 W/ Automated Vehicle Storage System). Total Project Cost Is Estimated Between $13.5 - $14.5 Million, Depending On The Final Scope - The Final Estimated Value At Exit Is Around $21 Million With A Holding Period Of 3-5 Years. Employers In The Area Include Bb&t, Lowe's, Citrix, Microsoft, & More. Healthcare Facilities Within A 10-mile Radius Include Holy Cross Hospital, Broward Health Medical Center, Broward Health Imperial Point & More.
Features
All features
Current Use: Unimproved
Approx SqFt Total Area: 49467
Property SqFt: 49467
Remarks: MOTIVATED SELLER|QUICK CLOSING: 1.135 acre land/development site! Plans designed for Live Local Act & consist of approx. 65, 000 +/- SQFT building area, including 84 units (33 at affordable housing, 51 at market), & 50% of the 1st floor would be commercial. Project offers 140 parking spaces (14 at surface & 126 w/ automated vehicle storage system). Total project cost is estimated between $13.5 - $14.5 million, depending on the final scope - the final estimated value at exit is around $21 million with a holding period of 3-5 years. Employers in the area include BB&T, Lowe's, Citrix, Microsoft, & more. Healthcare facilities within a 10-mile radius include Holy Cross Hospital, Broward Health Medical Center, Broward Health Imperial Point & more.
Internet Remarks: MOTIVATED SELLER|QUICK CLOSING: 1.135 acre land/development site! Plans designed for Live Local Act & consist of approx. 65, 000 +/- SQFT building area, including 84 units (33 at affordable housing, 51 at market), & 50% of the 1st floor would be commercial. Project offers 140 parking spaces (14 at surface & 126 w/ automated vehicle storage system). Total project cost is estimated between $13.5 - $14.5 million, depending on the final scope - the final estimated value at exit is around $21 million with a holding period of 3-5 years. Employers in the area include BB&T, Lowe's, Citrix, Microsoft, & more. Healthcare facilities within a 10-mile radius include Holy Cross Hospital, Broward Health Medical Center, Broward Health Imperial Point & more.
Waterfront: No info
Days on Market: 191
Office Name: Total R E Consultants Inc
Area: 1.14
Taxes: No info
Tax Year: 2024
Listing Date: 2025-08-28T20:00:00.000-00:00
Lot Size Square Feet: 49467
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