$1,625,000
$1,600,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
2.56 Acres Lot
SOLD DATE : 09/18/2023
Key Details
Sold Price $1,625,000
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Subdivision Casa Lake
MLS Listing ID A11357979
Sold Date 09/18/23
HOA Y/N No
Annual Tax Amount $18,931
Tax Year 2021
Contingent Pending Inspections
Lot Size 2.560 Acres
Acres 2.56
Property Description
Back in the Market! This is an incredible opportunity to invest in a prime piece of land located in an opportunity zone with endless potential with RM25 zoning designation allowing for 64 units! With plans to build 63 units, this 2.56 acre property is a developer's dream come true.
Not only is the land in a highly sought-after location within walking distance of popular amenities such as Walmart Super Center, Central Broward Park, Lauderhill Mall, and Lauderhill performing art center, but it also comes with an appraisal in hand for $1,700,000 - $100,000 more than the listing price!
This property is the perfect investment for anyone looking to capitalize on the growing demand for housing in this area. With an opportunity zone designation, investors can take advantage.
Location
State FL
County Broward County
Community Casa Lake
Area 3560
Direction Please use GPS \"3700 NW 21st ST Lauderdale Lakes FL 33311\" Is the empty lot next to this address
Exterior
Utilities Available Cable Available, Electricity Available, Other, Water Available
Waterfront Yes
Waterfront Description Canal Front
View Canal
Street Surface Paved
Building
Lot Description 2-3 Acres
Faces North
Water Public
Others
Tax ID 494230380010
Acceptable Financing Cash, Conventional, Cryptocurrency, 1031 Exchange, Other
Listing Terms Cash, Conventional, Cryptocurrency, 1031 Exchange, Other
Financing Cash
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with LoKation
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "