Fort Lauderdale, FL 33312 2681 SW 7th St

  • MLS# F10149394
  • 11/09/2018
  • Schedule A Showing
  • Request Info
Presented By: Bank On It Realty

Home Details

Builders Dream! Money in this land! Here you have an opportunity to build a 5plex or more! Several options of building! Opportunity is knocking! Build 5 units on this lot or order a severance and build higher! If you build 5 Units. Average Rent is $1.245 Per unit. 5 X $1,245 = $6225. Base on the 10% rule the property is valued at $622,500!! NOT Including equity from the area! Buy lot for $159,900, build for $200,000 = $365,000!! Instant Equity of over $265,000!!! One can argue that the property value will be worth over $800,000 based on cap rate and area. Up to buyer and buyers agent to do your own diligence. Survey and soil test attached.
Presented By: Bank On It Realty

Interior Features for 2681 SW 7th St

Other Interior Features

Internet YNYes

General for 2681 SW 7th St

Approximate Lot Size10000
Building IncludesNone
Property Sq Ft10000
Property TypeResidential Land/Boat Docks
Short SaleNo
Styleof PropertyZoned Multifamily
Subdivision Complex BldgLAST CHANCE VILLAGE
Township Range50
Type of PropertyOther
Type of TreesOther Trees
Usage DescriptionOther Usage
Zoning InformationRm25

Exterior for 2681 SW 7th St

Front ExposureSouth
Lot Sq Footage10000
Waterfront PropertyNo

Additional Details

Price History

Jane Holz

Sales Associate
Price $139,900
MLS# F10149394
List Date 11/09/2018
Property Type Land
Phone 561.346.7863
Schedule A Showing
Request Info

Similar Properties to 2681 SW 7th St