Residential Land For Sale

Picture of Residential Land For Sale in Lauderdale Lakes, Florida, United States

$1,600,000

37 Nw Ter
Lauderdale Lakes, Florida, United States

Listed By: Realtyww Info

Listed On: 05/25/2023

Listing ID: GL10405275 View More Details

Description

This is an incredible opportunity to invest in a prime piece of land located in an opportunity zone with endless potential with RM25 zoning designation allowing for 64 units! With plans to build 63 units, this 2.56 acre property is a developer's dream come true. Not only is the land in a highly sought-after location within walking distance of popular amenities such as Walmart Super Center, Central Broward Park, Lauderhill Mall, and Lauderhill performing art center, but it also comes with an appraisal in hand for $1, 700, 000 - $100, 000 more than the listing price! This property is the perfect investment for anyone looking to capitalize on the growing demand for housing in this area. With an opportunity zone designation, investors can take advantage of significant tax benefits.

For more details:

Listed by: Lokation® Real Estate