2850 NE 32nd St, Fort Lauderdale, FL 33306 | MLS A11021378 | Listing Information | Listings.com: Homes for Sale, Home Values, MLS Search
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FOR SALE
$2,499,999

2850 NE 32nd St
Fort Lauderdale, FL 33306

Single Family, Land
Residence
0.55
Acre Lot
1of
Photos
Map
Courtesy: Vera Realty LLC
Listings> Florida> Fort Lauderdale> 33306
Prime location and Prime Development Opportunity. Build 10 townhouses in this premium area. 0.54AC lot. Based on feasibilty study the project appears feasible under the market-justified cost and revenue assumptions and with the preliminary development concept in mind. Scenario reflecting preliminary concept drawings achieves levered IRR of 41% with land acquisition price of $ 2,000,000 as indicated by investor. It is recommended to develop parcel simultaneously without phasing the 10 townhouses project.
A11021378
Single Family, Land, Other
Broward
0.55 Acres
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