Closed

Fla Fruit Lands, 951 SW 121st Ave, Davie, FL 33325

1,500,000(-30% )
$1,050,000Price
4Beds
3Baths
2,352SqFt

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Details

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Status:
Sold - May 02, 2023
Parking: 4
Size: 2,352 SqFt (219 m2)
Price: $446/SqFt ($4,805/m2)
Type: Single Family Home
Built: 1971
MLS Number: F10330255
View: Garden,Pool
On Site: 1181 Days
Updated: 820 Days ago
Page Views: 0
Price reduced!!development opportunity!!! Extremely prime location in davie. Build 10+ townhouses or dream ranch. Prime strip of land to build 10-15 units (2.24 acres). Townhouses in the area sell for $500k. Single family homes in the area sell for $800k. Prime location in west davie close to 595. Potential gross income over $7.5m if the developer sells the units. Build and rent each unit starting at $2800 per month (based on area data), potential rental income $40k+ per month. Please note, a well maintained 2300 sq ft single family home with a pool also occupies the land. Potential buyer could buy it as a single family home with over 2 acres to build out a dream ranch. The parcel is currently zoned ag (agricultural). Buyer will have to rezone and plot the land if building multiple units.
Features
Bedrooms
  • Bedrooms: 4
Bathrooms
  • Bathrooms: 3
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Fence, FruitTrees, Patio, PrivacyWall
  • View: Garden,Pool
Interior, Heating and Cooling
  • Interior Features: BedroomonMainLevel, FirstFloorEntry, MainLevelMaster
  • Equipment / Appliances: Other
  • Heating Description: Other
  • Cooling Description: Other
Building and Construction
  • Floor Description: Laminate
  • Year Built: 1971
  • Year Built Description: Resale
  • Style: OneStory
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: 4
    • Listing Date: 2022-05-10T12:59:25.000-00:00
    • Directions: East
    Taxes, Fees & More
    • Taxes: 13979
    • Parking Description: Driveway, Other, RVAccessParking

    Price History

    05/02/2023

    Date

    Sold

    Event

    $1.1M

    Price

    -30%

    Change Rate

    $446 ft2 / $4,805 m2

    Price Per

    02/12/2023

    Date

    Price Reduced

    Event

    $1.5M

    Price

    -6.25%

    Change Rate

    $638 ft2 / $6,865 m2

    Price Per

    05/10/2022

    Date

    Listed

    Event

    $1.6M

    Price

    $680 ft2 / $7,322 m2

    Price Per

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

    Listed by Khaliq KingRE/MAX Interaction Realty • Buyer Agency Compensation .

    Instant Comps

    $200/ft²
    $300/ft²
    $500/ft²
    $700/ft²

    Unit 951 SW 121st Ave – Asking

    $446/ft²

    (-1%) from Closed Medium $/ft²

    Closed Medium $/ft²

    $451/ft²
    Community $/Price Range (Closed) $305/ft² – $590/ft²
    No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
    THINKING OF SELLING IN Fla Fruit Lands at Davie?

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    Davie
    Mid-Tier Homes & Condos

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