Price$1,600,000
Listing IDF10330255
StatusActive
Bedrooms4
Total Baths3
Full Baths3
SqFt 2,352
BACK ON MARKET- DEVELOPMENT OPPORTUNITY!!! EXTREMELY PRIME LOCATION IN DAVIE. BUILD 10+ TOWNHOUSES or DREAM RANCH. Prime strip of land to build 10-15 units (2.24 acres). Townhouses in the area sell for $500k. Single family homes in the area sell for $800k. Prime location in west Davie close to 595. Potential Gross Income over $7.5M if the developer sells the units. Build and rent each unit starting at $2800 per month (based on area data), potential rental income $40k+ per month. Please note, a well maintained 2300 sq ft single family home with a pool also occupies the land. Potential buyer could buy it as a single family home with over 2 acres to build out a dream ranch. The parcel is currently zoned AG (Agricultural). Buyer will have to rezone and plot the land if building multiple units.
Listed by: RE/MAX Interaction Realty LLC
© 2023 Beaches MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of BMLS. Real estate listings held by IDX Brokerage firms other than Premier Brokers International are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated: Thursday, January 26th, 2023 at 05:16:57 PM.

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