4381 51St StFort Lauderdale, FL 33314

Property Details for 4381 51St St

Property type

Residential income properties

Property subtype

Other land

Description

This exceptional 31,099-square-foot residential land parcel in Fort Lauderdale, Florida, presents a compelling investment opportunity. Located at 4381 SW 51st St, zip code 33314, in Broward County, this property is zoned RD-8000, permitting a high density of residential development. The current zoning allows for two dwelling units per 8,000 square feet, offering significant potential for building multiple residential units. This translates to a substantial opportunity for developers to create a lucrative residential project. The property's strategic location benefits from strong tourist traffic and a robust job market, creating a highly desirable rental environment. Furthermore, the proximity to significant ongoing developments, including Dania Pointe and the upcoming Dolce Hotel, significantly enhances the long-term value and appeal of this land. The asking price for this remarkable property is $1,250,000. Broker co-op is available. This is a rare chance to acquire a large, well-located residential lot with considerable development potential in a thriving South Florida market. Don't miss this chance to capitalize on the area's growth and create a profitable investment.

Location Insight

City

Fort Lauderdale

County

Broward

State

Florida

Latitude

26.0588

Longitude

-80.2053

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