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- LoopNet Team
200 NE 3rd St
Fort Lauderdale, FL 33301
Approved Flagler Village Development Site · Land For Sale
·
0.67 AC
INVESTMENT HIGHLIGHTS
- Approved ready to go site with entitlements in place ( south side); shorter development time frame and no affordable housing required
- Located in close proximity to Brightline train station, Las Olas Boulevard and Fat Village Arts and Entertainment District
- Short term seller financing available for highly qualified buyer
- Located in fast growing Flagler Village market in downtown Fort Lauderdale ;surrounding area undergoing massive redevelopment
- Ideal for a two phase ,large scale high rise project
- Call Steve Hyatt at cell (954)494-3091 for additional information or to receive the full Offering Memorandum and Confidentiality Agreement
PROPERTY FACTS
DESCRIPTION
Property consists of two separate 29,000 SF parcels zoned RAC-CC in fast growing Flagler Village area. The parcel on the south side of the street is fully entitled through city DRC approval for the development of a 43 story, 388 unit multifamily development with 2,793 square feet of ground floor retail space. The same size and configuration parcel ( 29,000 SF) located on the north side of the site is not entitled. The properties may be acquired individually , but strong preference is for a combined deal. The approved south site has allocated units and is not subject to the current City of Fort Lauderdale/Broward County affordable housing requirements or the $10,000 per unit payment in lieu of affordable fee.
PROPERTY TAXES
| Parcel Number | 50-42-10-12-0180 | Improvements Assessment | $0 |
| Land Assessment | $2,102,500 | Total Assessment | $2,102,500 |
PROPERTY TAXES
