Active

$659,999

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRTB8516016
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
*New Construction Opportunity - Investor Special - RD-15 Zoned* Seize the opportunity to develop in one of Fort Lauderdale’s fastest-growing and rapidly transforming neighborhoods. This 6,771 square foot property presents an exceptional redevelopment opportunity for builders, developers, and savvy investors looking to capitalize on the area's continued growth and strong demand for new construction housing. Currently featuring a partially demolished structure with existing slab, block walls, and remaining construction materials onsite, the property is ideally suited for redevelopment. Zoned RD-15 Residential, the site offers exciting potential for a new single-family residence, duplex, townhomes, or other medium-density residential development possibilities (buyer to verify with city/county). A neighboring newly constructed two-townhome project highlights the strong redevelopment momentum already taking place on the street and reinforces the upside potential of this location. This oversized lot offers flexibility for investors and builders seeking a prime infill development site in a highly desirable urban corridor. Location is everything — and this one delivers. Situated just minutes from Downtown Fort Lauderdale, Las Olas Boulevard, Fort Lauderdale Beach, Fort Lauderdale-Hollywood International Airport, marinas, shopping, dining, entertainment, and major highways including I-95, future residents will enjoy convenient access to everything South Florida has to offer. The surrounding neighborhood is experiencing a major renaissance, with new luxury townhomes, modern infill developments, and rising property values reshaping the community block by block. Early investors in this corridor are already benefiting from increasing demand and appreciation. Whether you are an experienced developer, custom home builder, or investor searching for your next high-upside project, this property offers tremendous potential in one of Broward County’s most active redevelopment areas. No assignable contracts.
Financial Considerations
Price:
$659,999
HOA Fee:
N/A
Tax Amount:
$1479
Price per SqFt:
$97.47
Tax Legal Description:
ALTA VISTA TERRACE 8-31 B LOT 9 BLK B
Exterior Features
Lot Size:
6771
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
N/A
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
N/A
Style:
N/A
Year Built:
N/A
Construction Type:
N/A
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    615 SW 16TH ST
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