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434 NE 7th Ave

2,206 SF Specialty Building Offered at $1,599,999 in Fort Lauderdale, FL 33301

Investment Highlights

  • Allows for mid-rise development and increased units.
  • Scenic and attractive with historic charm.
  • High interest in multifamily housing in the area.
  • Opportunity for redevelopment.

Executive Summary

Location, Location, Location!!! Welcome to an opportunity to remodel an existing building or build new construction for up to 3 townhouses. This prime lot is zoned for multi-family/single family and is east of US1. The zoning is RMM-25, Residential Multifamily Mid Rise/Medium High Density. It has quick accessibility to Las Olas, Downtown, Flagler Village and the Beaches for endless shopping, entertainment and dining. The home has an alley in the rear for extra access and beautiful mature trees that cover the grounds. Currently the property is a legal triplex that needs extensive renovations. Lot would best be suited for a tear-down project. Endless possibilities await the new owners of this great space. Call today to secure a wonderful investment.

Property Facts

Price $1,599,999
Price Per SF $725
Sale Type Investment
Sale Conditions Redevelopment Project
Property Type Specialty
Property Subtype Residential Income
Lot Size 0.18 AC
Building Size 2,206 SF
No. Stories 1
Year Built 1959
Parking Ratio 2.72/1,000 SF
Walk Score ®
Walker's Paradise (95)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code RMM-25 (Residential Multifamily Mid Rise/Medium High Density)
RMM-25 (Residential Multifamily Mid Rise/Medium High Density)
  • Listing ID: 32617441

  • Date on Market: 7/29/2024

  • Last Updated:

  • Address: 434 NE 7th Ave, Fort Lauderdale, FL 33301

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