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2317 NW 6th St, Fort Lauderdale, FL 33311
$200,000
2317 NW 6th St, Fort Lauderdale, FL 33311View this property at 2317 NW 6th St, Fort Lauderdale, FL 33311
2317 NW 6th StFort LauderdaleFL33311
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Property Description
Rare opportunity on rapidly developing Sistrunk Blvd. Drive Sistrunk: see surge of construction. Opportunity zone. Huge tax benefits. Seller will finance. Potential CRA funding. Included sketch for 6 bed 6 bath building of residential units are in accordance with current zoning by right; no rezoning or variances required. Total construction cost $500k+/-. Monthly rent per unit based on comps $2,500. Gross annual income $90k+/-. All in cost $699k+/-. $1.25M+/- value once built based on 6%-7% cap rate. Active comps $145k-$225k per unit for land. OVER 50% OFF Market Value. See pics. Buyer has option to make building 3 stories with up to 2,500 sqft of commercial space on second floor. Commercial rent $25-$30/sqft per year. Great opportunity at a big discount. Call today.
Full Property Details
Full Property Details for 2317 NW 6th St
General
- Sold For: $200,000
- Taxes: (2023)
- Status: Closed
- Type: Lots/Land
- MLS ID: F10411291
- Added to Site: 153 day(s) ago
Location
- Area: 3560
- County: Broward County
- Subdivision: Washington Park 19-22 B
- Driving Directions: GPS property address: 2317 NW 6TH STREET, Fort Lauderdale, FL 33311
- Direction Faces: South
Utilities
- Sewer: Public Sanitation
- Water: Municipal Water
- Onsite: Other Utilities Available
Structural Information
- Current Bldg. Use: Unimproved Business/Commercial, Unimproved Multi Family (5+Units)
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,103
- Lot Size: 5103
- Lot Depth: 102
- Development Status: Recorded Plat
- Trees/Vegetation: No Trees
- Zoning: NWRAC-MUw
- Lot Description: Less Than 1 Acre
Financial Considerations
- Tax Year: 2023
- Terms: Cash, Owner Financing
Disclosures and Reports
- Legal Description: WASHINGTON PARK 19-22 B LOT 18 LESS S 10 FOR RD R/W BLK 5
- Property ID: 504205010980
Listed by United Realty Group Inc. and United Realty Group Inc
Sold by LoKation
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Schools
Schools serving 2317 NW 6th St
School District:Broward County School District
Rating | Name | Grades | Distance |
---|---|---|---|
2330 Nw 12th Ct, Ft Lauderdale, FL 33311 | PK-5 | 0.8 mi | |
2501 Nw 11th St, Ft Lauderdale, FL 33311 | 6-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2317 NW 6th St
Date
Details
Price
Change
Source
4/03/2024
Sold
$200,000
—
MLS
11/27/2023
Listed
$199,997
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2317 NW 6th St, Fort Lauderdale, FL 33311 (MLS# F10411291) is a Lots/Land property that was sold at $200,000 on April 03, 2024. Want to learn more about 2317 NW 6th St? Do you have questions about finding other Lots/Land real estate for sale in Fort Lauderdale? You can browse all Fort Lauderdale real estate or contact a Coldwell Banker agent to request more information.