$958,750

Estimated payment $6,358/month

Total Views 926
-- Bed
-- Bath
2,086 Sq Ft
$460 Price per Sq Ft

About This Home

SIX FIGURES BELOW MARKET! One of the last corner lots on rapidly developing NW 27 Ave, buildable for 24 residential units. Active comps: $60k-$86k/unit for land; recently sold comps: $42k(disqualified)-$82.5k/unit for land. Subject property under $40k/unit. Construction cost: $3.5M+/-; total cost: Under $4.5M; projected value: $7M+: $2.5M+ INSTANT EQUITY. Nearby rents: 1 beds $1.6k-$2.1k: Potential 10%+/- cap rate. Opportunity zone: huge tax benefits. SELLER WILL FINANCE. Eligible for county grant of up to $300k towards construction. Drive 27th & nearby areas: see surge of construction. Minutes from new Walmart plaza, Starbucks, Downtown, I-95, 441, & Turnpike. Site plan for 24 large 1 bed/1 bath units included—customize or design your own. DND tenants. Can also be commercial or mixed-use.

Listing Agent

Michael Sheer

United Realty Group Inc. License #3355952

United Realty Group Inc.

Co-Listing Agent

Wayne Charneco

United Realty Group Inc License #3206892

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,073

Year Built

  • Built in 1948

Parking

  • 27 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Tile Roof

Interior Spaces

  • 2,086 Sq Ft Home
  • 2-Story Property

Utilities

  • Cable TV Available

Community Details

  • Washington Park Third Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504205060121
  • Seller Considering Concessions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,073

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: GPS 733 NW 27th Ave, Fort Lauderdale, FL 33311
  • Year Built: 1948
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Other
  • Living Area: 2086.0

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Flat, Tile

Garage/Parking

  • Total Parking Spaces: 27.0

Utilities

  • Cooling: Other
  • Heating: Other
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Rent Includes: None
  • Community Features: Non-Gated

Lot Info

  • Parcel #: 504205060121
  • Lot Size: 14388
  • Zoning Description: B-3

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 12073.0

Multi Family

  • Total Actual Rent: 36000.0

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2025 02/24/25 For Sale $958,750 0.0% $460 / Sq Ft
02/24/2025 02/24/25 For Sale $958,750 +1.3% --
02/21/2025 02/21/25 For Sale $946,250 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10488702

BeachesMLS (Greater Fort Lauderdale)