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Land - Residential Development – 118,759 sq. ft. in Lauderdale Lakes, FL – Prime Waterfront Opportunity

Commercial Sale

Category: Land - Residential Development

Price:$4,500,000

Location: Lauderdale Lakes, FL

Days on Market: 48

Description:

Rare Waterfront Commercial Lot – Prime Development Opportunity! Seize this exceptional 2.73-acre (118,759 sq. ft.) commercial lot, zoned B-2, offering versatile development potential for office, service, retail use, and other various uses. The subject is Multifamily Land proposed for 136 units. There are plans for three, five-story buildings with 244 parking spaces and an average unit size of 887 square feet. Includes 32 split-level units and 104 single story units, many of which include balconies. The plans also call for amenities including a common plaza, splash pad, playground, and a dog park. Last appraisal was done in September 2022 for $5.3M. Buyer is responsible for their own DD. Drive by and call Listing agent for more details. Will not last!

Seize this exceptional 2.73-acre (118,759 sq. ft.) commercial lot, zoned B-2 offering versatile development potential for office, service, retail use

Listing Code: 1108083081