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$ 5,000,000
Est. payment | /mo
0.45 Acres Lot
$ 5,000,000
Est. payment | /mo
0.45 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision St James Park South Add
MLS Listing ID A12055680
HOA Y/N No
Annual Tax Amount $28,746
Tax Year 2025
Lot Size 0.450 Acres
Acres 0.45
Lot Dimensions 150x130
Property Description
Exceptional shovel-ready development opportunity on Federal Highway. The property includes a fully approved mixed-use project with all major governmental approvals in place, allowing a buyer to move directly into construction. Approved plans include a 10-story building with 64 residential condominium units and 3 ground-floor retail spaces. Construction permits have been approved, permit fees have been paid, and the project is ready to break ground. A construction loan has already been approved by a bank, subject to the lender's final closing requirements and underwriting conditions, providing a significant advantage by reducing financing time and development risk. Investors may acquire the entire project or purchase a 50% ownership interest, creating an excellent opportunity for developers, builders, institutional investors, or joint venture partners. The property's location on Federal Highway offers outstanding visibility, strong traffic counts, easy access to major highways, shopping, restaurants, beaches, airports, and employment centers. This is a rare opportunity to acquire a fully entitled development with approvals already secured, saving years of planning, engineering, zoning, and permitting. All information, approved plans, surveys, engineering documents, and due diligence materials are available upon request. Buyer shall verify all information, approvals, financing terms, dimensions, and development requirements independently.
Location
State FL
County Broward
Community St James Park South Add
Area 3010
Exterior
Utilities Available Electricity Available, Sewer Available, Water Available
Present Use Other
Private Pool Yes
Building
Sewer Other
Water Public
Others
Tax ID 514210050040
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Corporate Listing
Listed by Oasis Blue Realty
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