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$500,000
A12012445 MLS
Rare development opportunity in the rapidly growing Sistrunk Blvd! Two adjacent lots under the same ownership are being offered together for sale. The subject property at 2317 NW 6th St is 5,103 SF, and the neighboring corner lot at 2360 NW 6th St is 9,909 SF, for a combined total of 15,012 SF. This assemblage offers outstanding potential in one of Fort Lauderdale’s fastest-transforming areas.Buyer may have the opportunity to develop a 3-story mixed-use building featuring up to 2,500 SF of commercial space, plus 3 residential units, each approximately 945 SF with 2 bedrooms and 1 bathroom. Estimated commercial rental rates in the area range from $25-$30 per SF annually, with projected gross rental income of approximately $165,000 per year or $13,750 monthly.Zoned NWRAC-MUw for multifamily and mixed-use development, the property is surrounded by luxury rental projects currently under construction and newly completed developments reshaping the neighborhood. Excellent opportunity for developers, investors, and builders looking to capitalize on the continued growth of Sistrunk Blvd.Conveniently located minutes from Las Olas, Downtown Fort Lauderdale, I-95, and only 15 minutes from Fort Lauderdale’s world-famous beaches. Located within an Opportunity Zone with strong future upside. Don’t miss this exceptional investment opportunity. Call today for additional information.

Fort Lauderdale

$1,000,000
A12015207 MLS
Rare development opportunity in the rapidly growing Sistrunk Blvd corridor! Two adjacent lots under the same ownership are offered together for sale. The corner lot at 2360 NW 6th St is approximately 9,909 SF, and the neighboring lot at 2317 NW 6th St is approximately 5,103 SF, totaling about 15,012 SF. This assemblage offers excellent multifamily and mixed-use development potential in one of Fort Lauderdale’s fastest-growing redevelopment areas. Conceptual plans may allow a modern 3-story multifamily project with up to 15 large 1-bedroom units with dens designed for today’s rental market. Nearby luxury rental projects continue driving area growth, with comparable 1-bedroom rentals leasing around $2,200-$2,500 per month depending on unit size and amenities. Based on projected rents, estimated gross annual rental income for a completed 15-unit project could range from approximately $396,000-$450,000 before expenses. Estimated construction costs may range from approximately $225-$300 per SF depending on design, parking, finishes, and construction type. Zoned NWRAC-MUw for multifamily and mixed-use development, the property is surrounded by redevelopment, luxury rentals, and new construction projects. Conveniently located minutes from Downtown Fort Lauderdale, Las Olas, Brightline, I-95, shopping, dining, entertainment, and Fort Lauderdale beach. Located in an Opportunity Zone with potential long-term investment benefits.

2360 NW 6 Street, Fort Lauderdale