Progresso Village, 901 NW 3rd Ave Fort Lauderdale, FL, 33311

1,199,000(-8.34% )
$1,099,000Price
N/ASqFt

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Size: 13,500 ft2 / 1,254 m2
Price: $81 ft2 / $876 m2
MLS Number: A11623250
On Site: 143 Days
Updated: 75 Days ago
Page Views: 0
Fantastic corner lot, in a certified opportunity zone, in the progresso village neighborhood of fort lauderdale, with a pending drc approval for a modern, 7-unit apartment building with parking. (4) 3-bedroom units, (1) 2-bedroom units, and (2) 1-bedroom units with 14 parking space lot. Plans available to share - please inquire. Architectural plans, landscape plans, and civil plans are completed and included in the sale. Owner is a licensed gc and is willing to build this for an investor after the sale. Drc approval anticipated within 60 days. Buyer to be responsible for final building permits. Airbnb/short term may be a great play for these units as well to maximize income. Located off of sunrise blvd, near a new wawa, flagler village, las olas, and downtown fort lauderdale.
Features
All features
Property SqFt: 13500
Remarks: Fantastic corner lot, in a Certified Opportunity Zone, in the Progresso Village neighborhood of Fort Lauderdale, with a pending DRC approval for a modern, 7-unit apartment building with parking. (4) 3-bedroom units, (1) 2-bedroom units, and (2) 1-bedroom units with 14 parking space lot. Plans available to share - please inquire. Architectural plans, landscape plans, and civil plans are completed and included in the sale. Owner is a licensed GC and is willing to build this for an investor after the sale. DRC Approval anticipated within 60 days. Buyer to be responsible for final building permits. AirBnB/Short Term may be a great play for these units as well to maximize income. Located off of Sunrise Blvd, near a new Wawa, Flagler Village, Las Olas, and downtown Fort Lauderdale.
Internet Remarks: Fantastic corner lot, in a Certified Opportunity Zone, in the Progresso Village neighborhood of Fort Lauderdale, with a pending DRC approval for a modern, 7-unit apartment building with parking. (4) 3-bedroom units, (1) 2-bedroom units, and (2) 1-bedroom units with 14 parking space lot. Plans available to share - please inquire. Architectural plans, landscape plans, and civil plans are completed and included in the sale. Owner is a licensed GC and is willing to build this for an investor after the sale. DRC Approval anticipated within 60 days. Buyer to be responsible for final building permits. AirBnB/Short Term may be a great play for these units as well to maximize income. Located off of Sunrise Blvd, near a new Wawa, Flagler Village, Las Olas, and downtown Fort Lauderdale.
Waterfront: No info
Directions: South
Days on Market: 63
Compass Point: NW
Office Name: Tesla Realty Group, LLC
Area: 13500
Taxes: 5782
Tax Year: 2024
Listing Date: 2024-07-31T09:19:28.000-00:00
Lot Size Square Feet: 13500
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Price History
10/07/2024

Date

Price Reduced

Event

$1.1M

Price

-8.34%

Change Rate

$81 ft2 / $876 m2

Price Per

07/13/2024

Date

Listed

Event

$1.2M

Price

$89 ft2 / $956 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Richard Shapiro • Tesla Realty Group, LLC • Buyer Agency Compensation .

Instant Comparative Market Analysis
$NaN/ft²

Unit 901 NW 3rd Ave – Asking

$NaN/ft²

(0%) from Closed Medium $/ft²

Closed Medium $/ft²

$347/ft²
Community $/Price Range (Closed) $250/ft² – $465/ft²
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