$3,500,000
$3,800,000
7.9%For more information regarding the value of a property, please contact us for a free consultation.
14 Acres Lot
SOLD DATE : 08/27/2021
Key Details
Sold Price $3,500,000
Property Type Commercial
Sub Type Special Purpose
Listing Status Sold
Purchase Type For Sale
MLS Listing ID A10902728
Sold Date 08/27/21
HOA Y/N No
Contingent Pending Inspections
Lot Size 14.000 Acres
Acres 14.0
Property Sub-Type Special Purpose
Property Description
Great opportunity to acquire private enclosed development in Davie! Excellent location near Tower Shops, Nova
Southeastern University, and Hard Rock Casino. High demanding area (new construction developments nearby). Easy access to major highways (Florida Turnpike and Interstate 595). Take advantage of this unique project. Unlike other redevelopments, this particular project contains four existing buildings; Various options: (1) current buildings may help secure loan, using buildings as collateral - opposed to land only; (2) could turn around and sell/flip houses individually; (3) Rent houses to generate cash flow (each of which is over 4,000 sq ft of living area). Currently divided into 10 parcels, city approved for 11.
Location
State FL
County Broward County
Area 3780
Direction I-95 North to West I-595, South on University Dr. East on SW 36th St, South on SW 36th Ave, Left on SW 41st Pl & through community Gate.
Exterior
Private Pool Yes
Building
Sewer Other
Water Public
Others
Tax ID 504127360041
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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