Property Listing No Longer Available for Sale

2825 NE 33rd Avenue, Fort Lauderdale, FL

Others for Sale - $2,995,000


Property Info

CIMLS#1130654
Location
  2825 NE 33rd Avenue
  Fort Lauderdale FL 33308
UpdatedAugust 6th, 2022
TypeOthers
Price$2,995,000

Property Description

This property owner has a 99 year ground lease with a Co-Op that expires in 2056. The Lessee owns a 16 unit two story apartment building on the land. Current zoning is RMH-60 which allows for high density. This is a trophy site perfect for a family office looking to preserve capital and provide an amazing investment for future generations. Alternatively, if a developer can buyout the Co-Op, they could plan for development in the near future.


Financials



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