$116,000
$129,997
10.8%For more information regarding the value of a property, please contact us for a free consultation.
5,168 Sqft Lot
SOLD DATE : 03/11/2021
Key Details
Sold Price $116,000
Property Type Multi-Family
Sub Type Income/Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision College Tr First Add 22-1
MLS Listing ID F10256916
Sold Date 03/11/21
HOA Y/N No
Total Fin. Sqft 5168
Annual Tax Amount $1,257
Tax Year 2019
Lot Size 5,168 Sqft
Property Description
Cleared corner lot in Dania Beach Opportunity Zone! Build Multifamily, Commercial, or a combination of both! Lowest priced lot in Broward buildable for 4 units is $260k! This property is $100k+ OFF lowest comp! Build 4 2 or 3/2 units at 1,000 sqft each. Brand new 2 or 3/2s should rent easily for $1,800 based on comps! Property could yield a 15%+ cap rate! Property is in a qualified opportunity zone. There are HUGE tax savings on all money you put into this property. You also pay no taxes on the profit when you sell if you hold for ten years. Ask accountant for details. Walking distance from schools. Just blocks from the 102 acre $800M+ Dania Pointe development and the new developments all around it. Property values and rents are sky rocketing! Owner financing available; call for details.
Location
State FL
County Broward County
Area Hollywood East (3010-3050)
Zoning NBHD-MU
Exterior
Utilities Available Other Utilities Available
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
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Skye Louis Realty Inc
"My mission is to bring light into the world of real estate by turning the complex into simple and hard into easy, one person and one transaction at a time!"