Fort Lauderdale, FL 33311,1102 NW 6th St
Fort Lauderdale, FL 33311,1102 NW 6th St
Fort Lauderdale, FL 33311,1102 NW 6th St
Fort Lauderdale, FL 33311,1102 NW 6th St
Fort Lauderdale, FL 33311,1102 NW 6th St
Fort Lauderdale, FL 33311,1102 NW 6th St
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$295,000

$297,500

0.8%
Est.Price: ?

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Est. payment /mo

6,342 Sqft Lot


SOLD DATE : 02/09/2023

Key Details

Sold Price $295,000

Property Type Multi-Family

Sub Type Income/Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Tuskegee Park 3-9 B

MLS Listing ID F10355293

Sold Date 02/09/23

HOA Y/N No

Total Fin. Sqft 6342

Annual Tax Amount $1,530

Tax Year 2022

Lot Size 6,342 Sqft

Property Description

Rare opportunity on rapidly developing Sistrunk Blvd. Drive Sistrunk: see surge of construction. Opportunity zone. Huge tax benefits. Potential to receive hundreds of thousands from CRA. Included plans for 6 unit building: 5 2 bed residential units 1 ground level commercial unit. Seller had preliminary meeting with city: plans are in accordance with zoning. Permits have not been pulled. Use these plans, customize them, or design your own. Active comps in area:$108.9k-$225k per unit for land. Recently sold comps in area:$72k-$120k per unit for land. See pics. Subject property under $50k per unit; approx 50% OFF market value. New 2 bed apts on Sistrunk rent:$2.3-$2.8k. Commercial space:$25-30/sqft per year. Potential 10%-25% cap rate depending on building cost and CRA $. Seller will finance.

Location

State FL

County Broward County

Area Ft Ldale Nw(3390-3400;3460;3540-3560;3720;3810)

Zoning NW-RACMU

Exterior

Utilities Available Electric, Other Utilities Available, Phone Line, Sewer, Trash Removal, Underground Utilities, Water

Water Access N

Private Pool No

Building

Lot Description Less Than 1 Acre

Sewer Public Sanitation

Water Municipal Water

Others

Pets Allowed No

Acceptable Financing Cash, Owner Financing

Listing Terms Cash, Owner Financing

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BeachesMLS Matrix (RAPB-F prefix)
Listed by United Realty Group Inc.
Bought with United Realty Group Inc.
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