733-795 NW 27th AveFort Lauderdale, FL 33311
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
Mortgage Calculator
Monthly Payment (Est.)
$4,374One of the last corner lots on rapidly developing NW 27 Ave, buildable for 24 residential units. Drive 27th & nearby areas: see surge of construction. Minutes from new Walmart plaza, Starbucks, Downtown, I-95, 441, & Turnpike. Site plan for 24 large 1 bed/1 bath units included—customize or design your own. Active comps: $60k-$86k/unit for land; recently sold comps: $42k(disqualified)-$82.5k/unit for land. Subject property under $40k/unit: six figures below market. Nearby rents: 1 beds $1.6k-$2.1k. Construction cost: $3.5M+/-; total cost: Under $4.5M; projected value: $7M+: $2.5M+ instant equity. Potential 10%+/- cap rate. Opportunity zone: huge tax benefits. Seller will finance. Eligible for county grant of up to $300k towards construction. DND tenants. Can also be commercial or mixed-use.
| 2 weeks ago | Listing first seen on site | |
| 2 weeks ago | Listing updated with changes from the MLS® |
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2025 BeachesMLS, Inc. (a Flex MLS feed)
Last checked: 2025-03-12 11:09 AM UTC
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.