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2001 S Andrews Ave - South Andrews Multifamily Development Site

2.68 Acres of Commercial Land Offered at $18,000,000 in Fort Lauderdale, FL 33316

Commercial Land Florida Fort Lauderdale 2001 S Andrews Ave, Fort Lauderdale, FL 33316

Executive Summary

Prime 2.68 net acre development parcel located along South Andrews Avenue in SE Fort Lauderdale. Zoned SRAC-SA, the property allows for multiple options for multifamily redevelopment with generous city, county and state incentives. Property is located near downtown Fort Lauderdale and other major employment centers like FLL Airport, Port Everglades and the Broward County Convention Center. The immediate area is undergoing extensive redevelopment including new mid-rise multifamily, hotels and retail centers. The property is in close proximity to I-95, I-595 and the Florida Turnpike, providing easy access to Miami , West Palm Beach and the west coast of Florida .
Call for full Offering Memorandum

Attachments

document (2)
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attachment (42)

Property Facts

Price $18,000,000 Property Type Land
Sale Type Investment Property Subtype Commercial
Sale Conditions Redevelopment Project Proposed Use
Commercial
  • Apartment Units
  • Apartment Units - Subsidized
No. Lots 1 Total Lot Size 2.68 AC
Price $18,000,000
Sale Type Investment
Sale Conditions Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Apartment Units
  • Apartment Units - Subsidized
Total Lot Size 2.68 AC

1 Lot Available

Lot

Price $18,000,000 Lot Size 2.68 AC
Price Per AC $6,716,417.91
Price $18,000,000
Price Per AC $6,716,417.91
Lot Size 2.68 AC

Rectangular 2.68 net acre development site located in the SRAC- SA District ( South Regional Activity Center - South Andrews). City, County and state are encouraging mid rise multifamily development in this corridor with generous density incentives

Description

Property currently contains a recently renovated 29,890 SF office HQ building with upgraded, modern interior industrial finishes. Immediate area is undergoing major redevelopment with new mid-rise multifamily development as well as office , retail and hotel uses. Close proximity to downtown Fort Lauderdale, Port Everglades and the FLL/ Hollywood Intl. Airport . Property is located immediately adjacent to the currently under construction Era development a $130 million , 400 unit, 6 story midrise development by Affiliated Development Group. Current zoning allows by right max building height of 110 feet with ability to go up to 150 feet. Zoning density allows up to 536 units with the various city incentives for affordable housing.

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2001 S Andrews Ave, Fort Lauderdale, FL - aerial map view
Bike Score®
Very Bikeable (78)
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PROPERTY TAXES

Parcel Numbers
Multiple
  • 50-42-15-10-5330
  • 50-42-15-10-5340
  • 50-42-15-10-5350
  • 50-42-15-10-5360
 Improvements Assessment $3,480,110
Land Assessment $1,723,250 Total Assessment $6,168,730

PROPERTY TAXES

Parcel Numbers
Multiple
  • 50-42-15-10-5330
  • 50-42-15-10-5340
  • 50-42-15-10-5350
  • 50-42-15-10-5360
Land Assessment
$1,723,250
Improvements Assessment
$3,480,110
Total Assessment
$6,168,730

zoning

Zoning Code SRAC-SA (South Andrews Avenue Regional Activity Center . Zoning allows a variety of uses -multifamily, office, and retail . Multiple incentives available.)
SRAC-SA (South Andrews Avenue Regional Activity Center . Zoning allows a variety of uses -multifamily, office, and retail . Multiple incentives available.)
(954) 494-3091

Contact

  • Listing ID: 34058945

  • Date on Market: 12/3/2024

  • Last Updated:

  • Address: 2001 S Andrews Ave, Fort Lauderdale, FL 33316

More public record information on 2001 S Andrews Ave, Fort Lauderdale, FL 33316

The Land Property at 2001 S Andrews Ave, Fort Lauderdale, FL 33316 is currently available for sale. Contact Berger Commercial Realty Corp for more information.

Land PROPERTIES IN NEARBY NEIGHBORHOODS

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2001 S Andrews Ave, Fort Lauderdale, FL for sale Building Photo- Image 1 of 3
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2001 S Andrews Ave, Fort Lauderdale, FL for sale Aerial- Image 2 of 3
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2001 S Andrews Ave - South Andrews Multifamily Development Site
(954) 494-3091 x

2001 S Andrews Ave - South Andrews Multifamily Development Site

Steve Hyatt

(954) 494-3091

(954) 494-3091

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