706 NW 1st Ave - ICON 706
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706 NW 1st Ave - ICON 706
1.1 Acres of Commercial Land Offered at $10,890,000 in Fort Lauderdale, FL 33311
Executive Summary
» Diverse Unit Mix: Includes a variety of unit types: (133) 1 Bedrooms, (10) 1 Bedroom + Den, (146) 2 Bedrooms
» Generous parking ratio of 1.0003 spaces per unit, ensuring ample parking availability.
» Total Units: 289 well-designed units.
» Rentable Area: 257,659 square feet of high-value rentable space.
» 30 levels of contemporary living, ensuring a stylish and comfortable environment.
» Potential for strategic parking reduction to optimize space and reduce costs.
» Generous parking ratio of 1.0003 spaces per unit, ensuring ample parking availability.
» Total Units: 289 well-designed units.
» Rentable Area: 257,659 square feet of high-value rentable space.
» 30 levels of contemporary living, ensuring a stylish and comfortable environment.
» Potential for strategic parking reduction to optimize space and reduce costs.
Property Facts
| Price | $10,890,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| Sale Conditions | Build to Suit | Total Lot Size | 1.10 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land |
| Price | $10,890,000 |
| Sale Type | Investment |
| Sale Conditions | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 1.10 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $10,890,000 | Lot Size | 1.10 AC |
| Price Per AC | $9,900,000 |
| Price | $10,890,000 |
| Price Per AC | $9,900,000 |
| Lot Size | 1.10 AC |
7 Parcels: 494234071210, 494234071220, 494234071230, 494234071240, 494234071250, 494234071260, 494234071270
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Walk Score ®
Walker's Paradise (92)
Bike Score ®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 49-42-34-07-1220 | Improvements Assessment | $0 |
| Land Assessment | $148,500 | Total Assessment | $148,500 |
PROPERTY TAXES
Parcel Number
49-42-34-07-1220
Land Assessment
$148,500
Improvements Assessment
$0
Total Assessment
$148,500
zoning
| Zoning Code | NWRAC-MU (Northwest Regional Activity Center Mixed Use) |
| NWRAC-MU (Northwest Regional Activity Center Mixed Use) |
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706 NW 1st Ave - ICON 706
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